Inside the $205 Million Palm Beach Estate Once Owned by Gucci Royalty
- Rebecca Nicholson
- 4 days ago
- 2 min read
Palm Beach has no shortage of extraordinary residences, but even among the town’s famously opulent estates, this one stands alone.
Sprawling across four oceanfront acres on South Ocean Boulevard, the palatial compound, once owned by a scion of the Gucci family, has just hit the market for $205 million, instantly becoming the most expensive home currently for sale in South Florida.
If bigger is better, consider this your trophy property.
A Legacy Estate With Fashion House Origins
Back in the 1980s, the land belonged to Aldo Gucci, the powerful chairman of the fashion dynasty known for its glamour, family feuds, and global influence. His original home has long since been replaced—but its legacy remains part of Palm Beach folklore.
In 2002, Frank and Maureen Wilkins purchased the parcel for $13.9 million and commissioned the current coral-toned mansion, completed in 2005. Inspired by the work of Palm Beach legends Addison Mizner and Marion Sims Wyeth, the design channels the grandeur of the island’s early-20th-century tycoons: sweeping facades, romantic archways, and Mediterranean Revival drama at every turn.
A Mansion Built for Grand Entrances & Coastal Serenity
Inside, the home unfurls across 23,000+ square feet, a study in craftsmanship and old-world glamour. Reception rooms are enriched with:
Hand-plastered walls
Decorative stencilled ceilings
French doors leading to terraces and gardens
Pecky cypress ceiling panels across deep porches
Though the interiors may benefit from modernising—as listing agent Christian Angle notes,the architectural bones are nothing short of spectacular.
Two Swimming Pools—Sunrise and Sunset
One of the estate’s rarest luxuries?
Two full-size swimming pools, positioned on opposite sides of the home.
One faces sunrise, offering peaceful morning light with ocean breezes.
The other captures sunset, ideal for evening entertaining or golden-hour cocktails.
A separate pool pavilion includes a kitchenette and an additional bath—perfect for hosting without stepping indoors.
Eight Bedrooms, a Guest Cottage & Endless Space
In total, the estate offers:
8 bedrooms
11 bathrooms
A 6-bed, 6.5-bath main residence
A two-bedroom guest cottage with its own 2.5 baths
Garaging for six cars
Privacy is paramount, and the grounds are as meticulously curated as the architecture—lush lawns, manicured hedges, and tropical gardens that envelop the home in elegance.
A Private Path to Paradise
Perhaps the most irresistible feature is the discreet private dune walkway leading directly to one of Palm Beach’s most beautiful expanses of sugar-white sand. The beachfront cabana, crowned with a rooftop terrace, completes this dreamlike canvas.
The Most Expensive Listing in South Florida
With its storied past, rare acreage, and irreplaceable waterfront position, it’s no surprise that the estate now claims the top spot in Florida’s ultra-luxury market.
This is Palm Beach at its most powerful: heritage, glamour, privacy, and architectural splendour—wrapped into one extraordinary address.
Photos: Christian Angle Real Estate and Daniel Petroni Photography
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