Dramatic double mahogany doors open into this exquisite 3,660-sq.-ft., classic Palm Beach-style townhouse on an oversized lot, with soaring 14-ft. ceilings, five bedrooms, five-and-a-half baths and a lushly landscaped private pool. This renowned Euro Homes-built residence completed in 1998 features an elevator, marble floors, crown moldings, and custom windows on both levels. This rarely-available property on one of the most coveted streets on Palm Beach Island is down the street from The Breakers and Royal Poinciana Way, and one block from the beach. As the adjoining townhome is also for sale, there is a once-in-a-lifetime opportunity to combine the two, for the first time in history, into a magnificent 7,000-plus-sq.-ft. mansion with a four-car garage, for an unrivaled in-town residence. Those fortunate enough to pass through the arched mahogany doors will find an entry boasting a beautiful foyer with a graceful marble staircase lined with wrought-iron and wooden railings leading up to the second level, which can also be accessed by the private elevator. Upstairs there is a spacious master suite with dual bathrooms, as well as dual walk-in closets, in addition to three other bedrooms. A spacious gourmet chef's kitchen with beautifully-made custom cabinetry is adjacent to a breakfast nook/casual dining area. In addition there is a proper formal dining room and a living room featuring an opulent cast-stone fireplace. The living room has sliding doors leading out to an inviting pool area with an outdoor kitchen, which is perfectly situated due to its highly desirable southern exposure. The two-car garage has been equipped with an entire wall of custom cabinetry for additional storage. This garage was most recently used as a second home office, but can easily be utilized for two vehicles or as the perfect space for a private home gym/fitness center.

The property has had only one owner, who originally commissioned it 23 years ago and maintained it in meticulous condition, while updating systems and appliances and similar items as necessary. The elegant layout, classical elements and architectural details, spacious rooms and lofty ceiling height all speak to Palm Beach's position as America's premier resort community for affluent society, tastemakers, and the international jet set. The central air conditioning assures constant comfort. It is the perfect pied-a-terre for those interested in partaking in all that the area has to offer, from yachting to polo, championship golf, and unparalleled luxury retail and hospitality, all located within a short distance from the property. Also nearby are Bradley Park, the bicycle trail, the acclaimed Meat Market steakhouse, Temple Emanu-El, and the Palm Beach Yacht Club directly across Flagler Memorial Bridge.

The neighborhood is one of the most prestigious in Palm Beach, and certainly the most desirable for those seeking the unparalleled convenience of an in-town residence. Among the most important places that are a mere few blocks' walk from the front door are Greene's Pharmacy, a c.1938 luncheonette and gathering place for Palm Beach's most prominent residents; The Royal Ponciana Plaza, an incomparably luxury retail destination where "style, energy and spirit collide," designed for "indulgence, inspiration and retreat," where one can buy everything from a loaf of freshly-baked rye bread to an Hermes Birkin bag; and the famed Biltmore and Breakers hotels, icons of Palm Beach style and elegancethe latter offering membership at The Breakers Ocean Club, where you can choose to avail yourself of the pools, spa, beach club, tennis courts and 36 holes of championship golf, as well as some of the best restaurants in the Southeastern United States and the gorgeous HMF bar / lounge.

Regarding the unprecedented opportunity to combine 242 and 246 Everglade Avenue, also designed in the Mediterranean Revival style, into one truly unparalleled residence, the complementary architecture and current layout offer the ability to create a very desirable and spacious estate without having to completely redesign the entire structure. The seller has two proposed blueprints that show how this concept could be executed and its maximum potential realized. The combined residence would have nine bedrooms and ten-and-a-half bathrooms with two private elevators and a four-car garage, on over 1/4-acre of the most sought-after Palm Beach real estate. The existing driveways could be redesigned into a single circular driveway, while substantial privacy hedges could be installed along the front of the property, as well as a grand gated entry, setting it apart from neighboring residences. There are many other options which could allow you to finally design your dream home directly in the heart of Palm Beach by combining the two properties, which has never been done before in the history of the town.

Both townhomes, which are housed in a standalone structure, were constructed by Euro Homes. For over 30 years Euro Homes has been recognized as Palm Beach's premier custom home builders, and 242-246 Everglade Avenue is one of the best examples of their Old World, artisan craftsmanship and attention to detail. Euro Homes only builds estate homes in the town of Palm Beach and thus retains an exclusivity matched only by its reputation for excellence. Founder and President Zack Ciomek "takes great pride in the knowledge that every project's plan remains true to the heritage of Palm Beach architecture by delivering and creating homes of unparalleled excellence in design and construction techniques," as the company puts it.

Please contact Samantha Curry at Douglas Elliman directly for more details.

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