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12980 Sabal Chase, West Palm Beach, FL, 33418

8beds
15baths
17,820sqft
$45,000,000
$2,525price/sqft
$325,747/moest. monthly cost
$13,029,880/yrincome needed

About This Home

Introducing a magnificent Palm Beach Gardens Estate. This elegant residence of 25,202 square feet, which has 17,820 square feet of living space, sits on approximately 2 acres of beautifully landscaped lakefront property. In addition to the main home, this estate includes a guest cottage & guest apartment. Features include 8 bedrooms, 10 full baths, 5 half baths, 4 full kitchens, 3,000+ bottle wine gallery, 4 fireplaces, multiple loggias/balconies and an oversized 7 car garage. The 32,000 square foot back yard showcases large mature banyan trees and manicured gardens, providing ultimate privacy and serenity. This home has exceptional indoor/outdoor living and entertainment space for both large and intimate gatherings. Located in the prestigious gated community of Old Marsh Golf Club. Old Marsh Golf Club in Palm Beach Gardens, famous for its championship golf courses and several PGA tour venues, is home to one of the nation's most respected Pete Dye championship courses. This club operates without tee times and is known for its caddie program. This enclave of just 180 home sites is known for its privacy and is a Certified Audubon Cooperative Sanctuary. Old Marsh is only minutes from the finest dining, shopping and entertainment venues. HOA fees are approximately $20,000/year billed quarterly. DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Information published or otherwise provided by seller, listing company or its representatives is deemed reliable but are not guaranteed and subject to errors, omissions, or changes without notice. Copyright 2026 by the listing company. All Rights Reserved.

Getting Around

5
WalkingCar-Dependent
0
TransitNo Nearby Transit
26
BikeSomewhat Bikeable

Schools

10/10
8/10
6/10
William T. Dwyer High SchoolGrades PK,9-122.7 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Tile
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Refrigerator,Freezer,Electric Range,Gas Range,Dishwasher,Microwave,Disposal,Instant Hot Water,Washer,Dryer,Ice Maker,Wine Refrigerator,Oven,Double Oven,Convection Oven

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 15
  • Full bathrooms: 10
  • 1/2 bathrooms: 5

Dining Room

  • Level: Main
  • Area: 660
  • Dimensions: 30 x 22

Family Room

  • Level: Main
  • Area: 605.16
  • Dimensions: 24.6 x 24.6

Features

  • Central Vacuum,Sound System,Wet Bar,Ceiling Fan(s),Elevator,Wine Rm/Temp-Control,Storage,Pantry
  • Door features: Impact Doors
  • Window features: Window Treatments,Casement,Impact Glass-Full,Impact Windows
  • Flooring: Marble,Hardwood
  • Fireplace features: Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 25,202
  • Total interior livable area: 17,820 sqft

Living Room

  • Level: Main
  • Area: 1120
  • Dimensions: 40 x 28

Property

Details

  • Parcel number: 00424128010000810
  • Zoning: RE
  • Other equipment: Intercom

Features

  • Levels: Two
  • Private pool: Yes
  • Pool features: Gas Heat,Fresh Water,Pool Size (22x40)
  • Patio & porch: Patio
  • Exterior features: Balcony,Sprinkler System
  • Fencing: Back Yard
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 1.77 Acres
  • Features: 1 to 3 Acres
  • Lot size dimensions: 362 W

Parking

  • Total spaces: 7
  • Parking features: Attached,Garage Door Opener,Air Conditioned,Toilet in Garage
  • Has garage: Yes
  • Attached garage spaces: 7
  • Covered spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Wildfire
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $227,544$2,730,528
Home Insurance *$32,184$386,208
Property Taxes $64,226$770,712
Electricity $1,793$21,520
Total$325,747$3,908,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$11,168,468/yr
40% on housing$9,772,410/yr
45% on housing$8,686,586/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,525This listing

vs Other Active Listings

Avg $/sqft

ZIP 33418$401
Palm Beach County$443

vs Homes Sold Last Month

Median $/sqft

ZIP 33418$443
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-10Listed for sale$45,000,000
2015-07-27Sold$500,000
2015-06-30Pending sale$525,000
2015-02-14Price change$525,000
2014-11-22Listed for sale$540,000
2014-08-22Sold$500,000
2014-07-01Listed for sale$530,000
2013-09-04Listing removed$525,000
2013-03-23Price change$525,000
2012-01-19Listed for sale$650,000
2005-05-04Sold$475,000

For Sale by Agent

AgentJIM McCANN
BrokeragePremier Estate Properties, Inc. - Palm Beach

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