Exclusive | This $285M megamansion is the priciest for sale in the US and it just began construction

How much does it cost to call a billionaire your neighbor?Directly adjacent to Oracle co-founder Larry Ellison’s oceanfront compound in Manalapan, Florida, a $285 million estate is officially under construction, The Post has learned.With that figure, it’s the most expensive new-construction, single-family home ever brought to life in the United States.What’s more, it’s also the most expensive home now for sale in the country.
The property first listed for sale asking that breathtaking price back in January, but construction had not yet been officially approved or started.Located at 1960 South Ocean Blvd., the ocean-to-Intracoastal property has secured all necessary permits, clearing the way for a residence that stretches more than 54,000 square feet and includes everything from a beach house and a car museum to a bowling alley, a shooting range and a spa.Construction crews have begun vertical building, with the estate expected to take shape over the next few years.
If sold at or near its $285 million asking price, the estate will also eclipse current records and become the most expensive home ever sold in the nation.In April, Florida’s most expensive home ever sold thus far was a $225 million waterfront property in Naples.Nationwide, hedge fund billionaire Ken Griffin still holds the title for the priciest dwelling ever sold in the US, with his 2019 — and roughly $238 million — purchase of a multi-level unit inside Manhattan’s 220 Central Park South.Manalapan, for its part, has steadily transformed into a preferred enclave for the ultra-wealthy — notably including the billionaire founder and CEO of WeatherTech, David MacNeil.
MacNeil recently acquired a sprawling coastal plot for $55.5 million in cash, adding to a prior $38.5 million purchase, bringing his total investment in the area to approximately $94 million.This newly under-construction project is the brainchild of developer and former Manalapan mayor Stewart Satter, who has teamed u...