An iconic Palm Beach mansion originally built in 1926 on the famed South Ocean Boulevard just sold for $48.5 million. Named ‘La Salona,” the roaring twenties era compound was built by renowned Palm Beach architect Marion Sims Wyeth, who also designed Mar-a-Lago, and is part of a stretch of classic mansions overlooking the Atlantic Ocean. Gary Pohrer of Douglas Elliman represented the seller who purchased the home in 1989 for $2.25 million. Christian Angle of Christian Angle Real Estate represented the buyer who remains unnamed.

Located at 172 South Ocean Blvd., ‘La Salona’ features 16 bedrooms and 17.5+ bathrooms spread over 19,434 square feet on .92 perfectly located acres. The home exudes true Palm Beach style complete with a arched entry landscaped courtyard and Cypress coffered ceilings which are stenciled in a lime paste technique. The residence has been meticulously maintained and updated, the western portion most recently was renovated in 2016. The residence features a formal dining room, a wood-paneled library and multiple well decorated living areas, chef’s kitchen, breakfast nook and beautifully landscaped courtyard with a pool and sun bathing areas.