The small Florida village of Vero Beach may still be under the radar, but it has a surprisingly high-profile history. Several generations ago, Vero Beach was where the astronauts of the US space program went to relax on their days off. Then in the late 1980s, the family of Canadian billionaire Weston built Windsor, a luxuriously beautiful planned community built according to the principles of neo-modernism. The development has attracted large numbers of the world’s elite, including King Charles III, who played polo there in 1989.
Now, Vero Beach is having a fresh moment in the sun, attracting a new generation of affluent buyers who love the small-town feel and beachfront location. Expats naturally drive real estate prices up, often to record levels. In 2021, an oceanfront property in Vero sold for $27 million – a community record. It was one of four sales of over $10 million in Vero that year, followed by three more in 2022 in this community located 75 miles north of Palm Beach.
In the mix comes a record for variable-form proportions: a beachfront complex that recently hit the market for $60 million. Set on a 2.5-acre waterfront plot, the house bears the name Villa Paradiso; It is currently under construction and will take at least another year to complete.
The property includes a series of buildings anchored around a 15,000 square foot main house, leading to 150 feet of Atlantic front footage. Main access to the water is a major component of what initially attracted developers Nathan Sacks (who owns the land) and Victor Hernandez to the site. “Nathan was drawn to this particular property because of the raw, natural beauty of the ocean front, which really sets it apart,” explained Hernandez, founder of Haute & Boss, a Florida-based design and management firm.
At a time when climate change and beach erosion have never been a greater concern, “the beach builds up here, renewing itself naturally every year,” adds Hernandez, “which is extremely rare in oceanfront locations and highly desirable for the ability to Long-term resilience and home protection.”
Whether or not the figure reaches $60 million, the estate certainly sets a new benchmark for design and grandeur for Vero. The main house will have seven full bedrooms leading to a two bedroom guest house. There is also a leisure wing filled with a spa, steam room, juice bar and bijou plunge pool. It’s one of three full pools, including a 75-foot pool and a primary pool that faces the beach.
The entire property will be built 25 feet above sea level at the closest point to the ocean, Sachs and Hernandez explained, which is the highest height allowed in Vero Beach.
“This unique feature not only protects the striking estate but also enriches the surrounding water and landscape views and enhances privacy,” Sachs said.
Inside the home, the developers take a luxurious, tropical, globally inspired approach to the design aesthetic. In the main house, for example, the entrance will be accented by a 15-foot-long gushing water-filled reflecting pool, hand-carved slabs of Yangtze stone. There is also a skylight that runs 100 feet the entire length of the house. Inside the sprawling primary suite, there’s a 450-square-foot spa-like bathroom, morning kitchen, and its own lounge.
There will also be a 600-square-foot home theater/exhibition room, a wine cellar large enough for 1,400 bottles and a pair of elevators. Outside, throughout the long acreage, elegantly landscaped landscaping will provide a cover bar, fireplace, pizza oven, outdoor kitchen and a handful of breezy lounging areas. Sachs says the land will be overseen by Switzerland-based firm Enzo Enea Landscape Architecture.
With its impressive size and prime location in the sought-after “real estate” section of Vero Beach, Villa Paradiso will likely set a new record for the area – even if it doesn’t reach its listing price. “Properties that offer this level of privacy and exclusivity are extremely rare, and demand is consistently in line with Florida’s prominent growth, high net worth,” said Hernandez. Over the course of the pandemic, Hernandez added, “Vero Beach has become a very attractive place to live.” “The city’s general attitude toward limiting growth will never allow it to become a densely populated city. However, it still has all the perks of a ‘big city’ of the best restaurants, shopping, and entertainment.”
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