by Global Lifestyle Properties

See Home Value
Boca Raton 33432
2989 Spanish River Road
$22,500,000
● House - Off Market

2989 Spanish River Road

Boca Raton, FL 33432
bedrooms
6 Beds
bathrooms
9 Baths, 4 Half Baths
square feet
12,055 Ft²
$140,118
Est. Monthly

About This Property

Rarely does an estate of this scale and distinction become available. Positioned on one of the largest Intracoastal lots in Boca Raton's prestigious Estate Section, this fully reimagined waterfront home offers 200 feet of frontage and showcases uncompromising quality, with exceptional materials and finishes selected throughout. Behind private gates, this expansive compound offers more than 12,000 square feet of refined interiors and over 17,000 total square feet across eight bedrooms, thoughtfully arranged between the main residence and a separate guest home. The layout is exceptional: the main residence features six beautifully appointed bedrooms, while the guest home includes two additional bedrooms, a full kitchen, a spacious living room, its own private entrance, and even an additiona 1-car garage dedicated to this suite a rare feature that enhances convenience, privacy, and long-term flexibility for guests, staff, or multigenerational living.

A dramatic double-height clubroom serves as the architectural centerpiece, seamlessly connecting the main residence to the guest home. With soaring volume, natural light, and gallery-like presence, this grand space allows the property to function as one cohesive estate or as two private living environments depending on preference.

At the heart of the home, a waterfront executive office captures serene Intracoastal views and includes a sophisticated adjacent lounge, creating a private, elevated environment ideal for work, meetings, relaxation, or quiet retreat. This wing stands out as one of the home's signature spacespairing functionality with an intimate, luxury atmosphere.

From the moment you enter the grounds, the scale of the transformation becomes clear. The exterior has been completely elevated with a full repaint, a brand-new roof including all flat sections, and enhancements to the sea wall. The entire property has been upgraded with pet-friendly turf, lush new landscaping, mature trees, vibrant flower beds, layered plantings, and a serene Zen garden accented by sculptural rock elements. Landscape lighting illuminates every contour of the grounds and trees, while updated sconces, downlighting, and outdoor ceiling fans create a warm, inviting ambiance from sunrise to sunset. Both the main and guest house gates now feature upgraded motors and modernized controls, complementing major mechanical upgrades that include a new whole-home generator with transfer switch, new exterior electrical panels, and a comprehensive outdoor security and sound system.

Designed for boating enthusiasts, the waterfront has been dramatically enhanced with a brand-new 200-foot dock and a 24,000-pound boat lift. The pool and spa area has also been elevated with new pool and spa tile, new coping, and upgraded equipment with full smart controls. Outdoor furniture features updated surfaces and all-new cushions, creating a polished, resort-style lounge environment ideal for entertaining or enjoying sunset views along the Intracoastal.

Inside, both the main residence and guest home have undergone a sweeping transformation. New wooden and tile flooring, freshly painted rooms and trim, modern lighting, and a curated interior palette give the home a crisp, sophisticated aesthetic. Significant mechanical improvements include the replacement of ten of the twelve A/C units and handlers, installation of new wireless routers, and a fully integrated Control4 smart home system managing lighting, audio, video, security, thermostats, gates, and garage doors. Every switch, outlet, and wall covering has been replaced, and all in-ceiling lighting has been transitioned to high-efficiency LEDs.

The main kitchen, redesigned by NEF Designs, showcases bespoke cabinetry, newly crafted counters, upgraded lighting, and premium Sub-Zero and Wolf appliancesincluding four additional refrigeration drawers.  Two newly built, temperature-controlled wine roomsone featuring a lounge seating areaadd architectural drama and serve as sophisticated spaces for entertaining or showcasing curated collections.

The bathrooms throughout the estate have been updated with new or modernized vanities and sleek plumbing fixtures, bringing a fresh, elevated feel to every room. The five-car garage servicing the main home has been enhanced with new cabinetry, improved surfaces, and new motors on all doors, further complemented by the additional 1-car garage at the guest home, bringing the total to six garages across the estate. Additional upgrades include new dining room windows and updated custom shade systems throughout, tying the interiors together with a polished, unified aesthetic.

With its comprehensive transformation, thoughtful layout, fully furnished interiors, state-of-the-art smart home technology, resort-style outdoor living, and premier Intracoastal presence, this estate stands as one of Boca Raton's most exceptional turnkey opportunities. Every detail has been curated to deliver an effortless, elevated lifestylemaking this waterfront compound a true modern masterpiece.
Unit Size
12,055 Ft²
Days on Market
290 days
Land Size
0.69 acres
Price per sqft
$2,073
Property Type
House
Property Taxes
$17,388
HOA Dues
-
Year Built
2002

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Last updated: 3 days ago (Beaches MLS #R11146112)

Price History

Date / Event Date Event Price
Sep 24, 2026 Sold
Sold
Jun 1, 2026 In contract -
In contract
Feb 9, 2026 Price Decreased $24,995,000
↓ $3M (9.1%)
Price Decreased
Dec 8, 2025 Listed by Serhant $27,500,000
Listed by Serhant
Aug 13, 2020 Sold
Sold
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Property Highlights

Elevator
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2006
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,628
  • Parking Space Count: 6
  • Patio Type: 69
  • Porch Type: 8
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 17,447
  • Gross Building Area: 17,447
  • Building Area: 12,055
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 12,055
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPANISH RIVER LAND CO SUB
  • Land Acres: 0000000689
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: SPANISH RIVER LAND CO SUB UNIT 3 LTS 17 & 18 BLK 10

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007420

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 434
  • Parcel: 06-43-47-32-02-010-0170
  • Block: 10
  • Lot: 17,18
  • Meridian: SEC 32 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3222
  • Longitude: -80.0795

    Address

  • Full Address: 2989 Spanish River Rd
  • Legal Unit: 3
  • Address - House Number: 2989
  • Address - Street Name: Spanish River
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C010
  • 4-Digit Zip Code: 8138
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 13,017
  • Tax Year: 2023
  • Tax Amount: $18,996,958
  • Tax Rate Code Area: 6154

    Market Valuation

  • Market Total Value: $15,829,429
  • Market Land Value: $9,340,760
  • Market Improvement Value: $6,488,669

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,167,500

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 13, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200291258
  • Previous Sale Recording Date: May 29, 2003
  • Previous Sale Contract Date: May 23, 2003
  • Previous Sale Amount: $2,800,000
  • Previous Sale Document Type: 54
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 2989 Spanish River Road built and last sold?
The property at 2989 Spanish River Road was built in 2002 and last sold on Aug 6, 2020 for $7,000,000.
How much is this home worth?
The estimated value of the home located at 2989 Spanish River Road is $25,244,950.
What are some comparable homes to 2989 Spanish River Road?
There are currently no comparable homes to 2989 Spanish River Road.