Illustrated Properties’ Kathryn Gillespie Obtains $24.9 Million Oceanfront Mansion Listing

9/9/18

Manalapan estate adds to luxury agent’s growing portfolio of notable Palm Beach County homes

Kathryn Gillespie of Illustrated Properties, a member of The Keyes Family of Companies, has secured the exclusive listing of a waterfront mansion in Manalapan with an asking price of $24.9 million.

Located on a 1.6-acre lot, the six-bedroom home at 1500 South Ocean Boulevard totals 11,673 square feet under air and includes nine full and three half-bathrooms.

The estate has a total of 356 feet of waterfront property, of which 178 feet are on the Atlantic Ocean. The waterfront loggia, 60-foot concrete dock equipped with electricity and infinity edge pool and spa round out the amenities that provide the one-of-a-kind experience synonymous with the South Florida lifestyle.

Along with multiple bedroom balconies overlooking the Intracoastal Waterway, the Manalapan mansion includes a his and her master bath, private office, guest suite, gathering lounge, club/media room with state-of-the-art sound system and wet bar, fireplaces, exercise room, gourmet kitchen with Sub-Zero and Wolf appliances, wine chiller, elevator, upstairs and downstairs laundry rooms and four car-stall air conditioned garage, with the potential to park eight cars.

“This is not just a home - it’s a work of art,” said Gillespie. “When I took on this listing, I knew a home of this caliber was special. From the attention to detail both in the home and out, the breathtaking waterfront sunrises and sunsets and the natural flow from room to room, the energy the house conveys is like no other.”

The 1500 South Ocean Boulevard mansion was designed by Randall Stofft Architects and constructed by Terry Cudmore Builders in 2008.

“Kathryn’s work in the Palm Beach County luxury market has been outstanding,” said Kevin Leonard, Vice President of Luxury at Illustrated Properties. “In just a short period of time, we have seen her produce a level of work that is unmatched, while surpassing the expectations in quality service we look to provide to each client.”

In June, Gillespie’s exclusively listed Boca Raton mansion was selected as a finalist in HGTV’s international “Ultimate House Hunt 2018.” The 899 Enfield Street home, which is on the market for $11.5 million, was one of 12 worldwide properties to be chosen for the “Waterfront Homes” category.

Gillespie has lived and worked in the Palm Beach County area for more than 30 years, providing her a deep connection to the area and her clients. She has been heavily involved in the local community, serving as past chair of the Boys and Girls Club Board of Directors in Boca Raton and is involved with The Arc of Palm Beach County and Impact 100 Palm Beach County.

Independently-owned and operated since its founding in 1926, Keyes is extremely active in luxury residential real estate.

In July 2016, Keyes and Illustrated Properties announced the completion of a merger between the two companies, which continue to operate under their existing brands. Overall, Keyes and Illustrated generate more than $6 billion in annual revenue from their real estate service lines.

Following the merger, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. In Palm Beach County alone, the companies have in excess of 1,100 Sales Associates and produce double the sales volume of their closest competitor.

About The Keyes Company: Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016. Following the merger, Keyes has 56 offices, more than 3,000 Associates and nearly $6 billion in annual real estate sales and services. Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®. In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question.

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