‘Masterful’ Palm Beach Megamansion Has Price Slashed by $12.9 Million

A waterfront mansion on Florida’s tony Palm Beach has just returned to the market for $65 million—having undergone a staggering $12.9 million price cut.

Remarkably, despite the significant reduction in price, the “masterfully built” property has still managed to shoot to the top of the week’s most expensive homes list, eclipsing the nearest competitor by $6 million.

The nearly 1-acre property last traded hands in 2019 when it is said to have sold for $25.5 million to a land trust tied to attorney Joel Koeppel

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