Vivian Dimond’s oceanfront spec mansion in Manalapan, listed at $59.9 million, has found a buyer, according to a March 10 report. The property was the most expensive listing to go under contract last week in Palm Beach County.
The sale is part of a busy season for luxury real estate in the area. Between March 2 and March 8, buyers signed 32 contracts for high-end properties in Palm Beach County, with a total asking price volume of $304.9 million and an average of 107 days on the market. The previous week saw 35 contracts totaling $295.6 million.
The weekly report from Douglas Elliman’s Eklund-Gomes team tracks signed contracts for single-family homes and condos listed at $3 million or more in the Beaches MLS. Last week, there were 52 new listings and 1,292 active listings on the market. Of the properties that went pending, 28 were single-family homes and four were condos. Condos averaged an asking price of $5.6 million and spent about 72 days on the market, while single-family homes averaged $10.1 million with about 142 days on the market.
Dimond’s property at 1460 South Ocean Boulevard spans nearly 20,000 square feet on a 1.5-acre lot with frontage on both the ocean and Intracoastal Waterway. The mansion includes six bedrooms, eight bathrooms, five half-bathrooms, a salon, game room, wellness wing, indoor and outdoor pools, tennis court, a garage for up to sixteen cars, and a dock. Bayshore Grove Capital acquired the incomplete estate in 2024 after Nigerian oil mogul Onajite Okoloko lost it to foreclosure in 2023.
The home has been listed off-and-on since 2022 with prices reaching as high as $87.5 million according to Zillow records. Gary Pohrer with Serhant and Christopher Leavitt with Douglas Elliman are handling the listing.
Another notable transaction last week was a home at 433 Antigua Lane in Palm Beach that found a buyer at its $24 million asking price. Seller Steven Hudson purchased it for $19 million in December before relisting it this January.
