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Never-lived-in spec house on North End brings $5 million

Posted On: 03-03-2017

Palm Beachers Victoria and Lawrence “Larry” F. Lunt are moving from Midtown to a larger, never-lived-in house they just bought on the North End. And that means they’re selling the 1920s Mediterranean-style house they have owned for nearly 14 years on Seabreeze Avenue.

Using a limited partnership, the Lunts paid $5.04 million for their new house at 225 Plantation Road, according to a deed recorded last week by the Palm Beach County Clerk’s office. They also bought its furnishings.

Developed on speculation by Sciame Homes and completed in 2015, the four-bedroom house has 4,683 square feet of living space, inside and out. Listing broker Christian J. Angle of Christian Angle Real Estate put it on the market in August 2015 at $6.28 million and later dropped the price to $5.98 million.

The two-story house has “island colonial”-style architecture and an open floor plan, with a great room as its focus. Decorator Jack Fhillips provided the interior design and chose the furnishings.

“The bathrooms are breathtaking and beautifully detailed, some of the most beautiful I’ve seen in Palm Beach spec houses,” Fhillips told the Daily News last year. “The kitchen is also beautiful.”

With an elevator, the house has a second-floor master suite, a library, a loggia and a cabana among its features. There’s also a two-car garage. The lot measures about a quarter of an acre, eight blocks south of the Palm Beach County Club.

It’s one of several Sciame Homes has built on spec or extensively renovated in Palm Beach since opening on the island four years ago. Run by President Andrew Sciame, the company is an offshoot of the Sciame family’s major commercial and residential development firm in New York City.

Agent Michael Bernard Harris of Douglas Elliman acted on behalf of the Lunts in the Plantation Road deal, although he, like Sciame, declined to identify the buyers by name. Angle couldn’t be reached.

Belgian-born Larry Lunt is a private investor who manages his family office in Greenwich, Conn., where he and his wife have a home.

Harris, meanwhile, has listed the Lunts’ 1925 house at 409 Seabreeze Ave. for $4.2 million. With a total of four bedrooms, the house and its completely rebuilt carriage house — used as guest accommodations — have a combined 3,485 square feet.

“The house has old-world charm and has been impeccably maintained. When you walk in, the house just flows,” Harris said about the Seabreeze Avenue property, the second house west of Cocoanut Row.

He added that the electrical and plumbing systems also have been updated, as have the kitchen and the bathrooms.

The house’s Midtown location and amenities are generating plenty of interest, Harris adds.

“I’m showing it every day,” he says.

The Lunts paid $1.5 million for the house in 2003, property records show.

Via a deed dated Feb. 17, they bought the house on Plantation Road through an entity named “Casa Para Siempre LP.” Minus the “LP,” that’s the name of their house on Seabreeze Avenue, and it translates roughly from the Spanish as “forever home.”

 

 

 

Source: Darrell Hofheinz, March 3, 2017, Palm Beach Daily News

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Zimmerman Douglas Elliman

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