$17.9 Million Historic Waterfront Estate A Rare Icon of Timeless Luxury in West Palm Beach
Overview of 245 Valencia Rd in West Palm Beach
Listed at $17.9 million, 245 Valencia Rd represents one of the most historically significant waterfront estates currently available in West Palm Beach real estate. Built in 1925 during Florida’s Roaring Twenties boom, the Mediterranean Revival residence, long regarded as the “Grand Dame” of the El Cid neighborhood, occupies a rare 0.59-acre corner lot overlooking the Intracoastal Waterway, with sweeping views toward Palm Beach Island. Today, the property stands not only as a West Palm Beach home for sale, but as a carefully preserved architectural landmark that bridges nearly a century of coastal living with contemporary luxury expectations.

A Coveted Address in the Historic El Cid Neighborhood
Located along Flagler Drive within the prestigious El Cid district, 245 Valencia Rd benefits from a setting that combines historic character with exceptional convenience. The neighborhood is known for its mature tree-lined streets, proximity to downtown West Palm Beach, and immediate access to Palm Beach Island, making it one of the city’s most sought-after residential enclaves. According to Stephen R. Simpson of William Raveis Real Estate, “El Cid has always attracted buyers who appreciate authenticity and architectural integrity. Homes like this, especially on the water, are exceptionally rare.”


Mediterranean Revival Architecture from the Roaring Twenties
From the exterior, the home’s architectural pedigree is immediately apparent. The original barrel tile roof crowns a structure defined by symmetry, proportion, and craftsmanship characteristic of Mediterranean Revival design in the early 20th century. Pecky Cypress radius-top double entry doors lead into a dramatic foyer where a wrought iron and cast-in-place concrete staircase commands attention, serving as both a functional and sculptural centerpiece. Architectural historians often regard early El Cid waterfront estates as benchmarks of Florida’s Mediterranean Revival movement, a style shaped by climate-responsive design and enduring materials.


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Preserved Historic Interiors with Waterfront Views
Inside, soaring ceiling heights and abundant natural light establish a sense of grandeur without excess. Original French doors line the primary living and family rooms, opening directly onto an expansive waterfront patio and framing uninterrupted views across the Intracoastal Waterway. “The home was designed to celebrate light, airflow, and views,” Simpson told Luxury Houses Magazine. “Those design principles are timeless, and they’re one of the reasons this property still feels relevant nearly 100 years later.” Throughout the residence, original details, including window hardware, hardwood flooring, and a richly paneled library, have been meticulously preserved.


Thoughtful Modern Updates Behind a Historic Facade
While the home’s historic character remains intact, 245 Valencia Rd has been thoughtfully updated to meet modern standards. The gourmet kitchen, recently renovated, features contemporary appliances, custom cabinetry, and refined finishes, complemented by a butler’s pantry that connects seamlessly to the formal dining room. These updates allow the home to function effortlessly for daily living and entertaining alike. “This isn’t a surface-level renovation,” Simpson explained to Luxury Houses. “It’s a comprehensive update that respects the soul of the house while delivering the comfort today’s buyers expect.”

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Private Living Quarters Designed for Comfort and Privacy
The second level of the residence is dedicated to private living spaces, anchored by a spacious primary suite that enjoys elevated views over the water. From this vantage point, the Intracoastal and Palm Beach skyline unfold as a constant backdrop. Three additional bedrooms and two bathrooms accommodate family members and guests, while a large laundry area enhances practicality for extended stays. The layout reflects a balance between formal elegance and livable design, reinforcing the home’s versatility as both a primary residence and seasonal retreat.

Waterfront Grounds and Guest Accommodations
Beyond the interiors, the outdoor spaces are integral to the appeal of this home in West Palm Beach for sale. The expansive corner lot spans more than 25,000 square feet, offering a degree of privacy that is increasingly rare in waterfront settings. Landscaped grounds lead to an open patio and private pool, creating a resort-like environment suited to South Florida’s year-round climate. A detached two-car garage, accessed from Valencia Road, includes a fully functional guest house above, providing flexibility for visitors or staff accommodations. “Waterfront properties always attract interest,” Simpson noted, “but this one stands out because it offers scale, privacy, and history all at once.”

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Transaction History and Long-Term Value
Public records reveal a notable transaction history that underscores the property’s long-term value. Built in 1925, 245 Valencia Rd last sold in 2014 for $2.25 million before being listed multiple times in subsequent years. In December 2025, it re-entered the market at $17.9 million, reflecting both substantial capital improvements and the broader surge in demand for ultra-luxury properties across South Florida. Luxury Houses Magazine attempted to contact the current owner to learn more about the restoration process and long-term vision for the estate, but no response was received prior to publication.

Lifestyle, Amenities, and Community Appeal
The lifestyle advantages of the surrounding community further enhance the appeal of 245 Valencia Rd within the context of West Palm Beach real estate. Residents enjoy immediate access to cultural venues, fine dining, and high-end shopping along Clematis Street and Worth Avenue, while Palm Beach International Airport is just minutes away. World-class golf courses, marinas, private clubs, and wellness destinations are all within easy reach, reinforcing West Palm Beach’s status as a premier destination for affluent buyers seeking both convenience and quality of life.

A Rare Historic Waterfront Offering in Today’s Market
At approximately $4,578 per square foot, 245 Valencia Rd commands a premium within the local market, yet its value extends beyond metrics alone. The residence represents a rare opportunity to acquire a historic waterfront estate that has been carefully stewarded through generations while remaining adaptable to modern living. “This is the kind of property that transcends market cycles,” Simpson told Luxury Houses Magazine. “You’re not just purchasing real estate; you’re becoming the next caretaker of an irreplaceable piece of West Palm Beach history.”
For discerning buyers evaluating a West Palm Beach home for sale that offers architectural significance, modern comfort, and a prime waterfront location, 245 Valencia Rd stands in a category of its own. As inventory tightens and demand for authentic, legacy properties continues to grow, this historic El Cid estate remains a compelling symbol of enduring value along South Florida’s Intracoastal shoreline. To know more about this property, view on Zillow listing.
For inquiries or to schedule a private showing, please contact:
Stephen R Simpson
561-655-6570
William Raveis Real Estate
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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