A 1920s Palm Beach mansion near Mar-a-Lago is now listed for $59 million, offering a rare mix of historic architecture, oversized land and decades of Florida society lore.
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mansion → list → lore
The 0.8-acre estate at 111 Via Del Lago has eight bedrooms, 10 bathrooms, a six-car garage and a two-story cabana, all designed in the 1920s by architect Marion Sims Wyeth, the same name behind Mar-a-Lago and the Norton Museum of Art.
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estate → have → Art
Developer Todd Michael Glaser, who first bought the home in 2018, renovated it, sold it, then repurchased it in 2022, says he now wants to downsize and move to a more walkable part of town, according to reports from Hoodline and The Real Deal.
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he → buy → Hoodline
A storied address on Via Del Lago
The house sits roughly half a mile from Mar-a-Lago on Via Del Lago, one house off Ocean Drive and within the security perimeter that surrounds the former president’s club.
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that → sit → club
Its location places it in one of the most tightly held corners of Palm Beach, where buyers value proximity to the beach, privacy and the social gravity of the island’s most famous estates.
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buyers → place → estates
The property is elevated to meet local flood-zone requirements, a practical detail that also adds to the sense of separation from the street.
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that → elevate → street
Marion Sims Wyeth designed the compound in the 1920s in a Mediterranean style that has become synonymous with old Palm Beach.
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that → design → Beach
Arched openings, stucco walls, tile roofs and shaded loggias create a sense of indoor-outdoor living suited to the subtropical climate.
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openings → shade → climate
The layout spreads across three stories and includes formal and informal spaces that can host both quiet family life and larger gatherings.
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that → spread → life
Rooms, amenities and land
The residence is described in listings as having eight or nine bedrooms, 10 full bathrooms and two half-baths, depending on how certain spaces are counted.
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spaces → describe → bedrooms
Living areas total roughly 12,000 to 16,000 square feet, with the higher figure reflecting recent expansions that incorporated land from the neighbouring lot.
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that → total → lot
The primary suite has been renovated, and updates since 2022 include new windows and flooring in parts of the interior.
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updates → renovate → interior
Outdoor amenities match the scale of the house.
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amenities → match → house
A swimming pool, gym and two-story cabana extend the usable space beyond the main walls.
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pool → extend → walls
A six-car garage addresses one of the persistent challenges of older Palm Beach estates, where parking often falls short of modern expectations.
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parking → address → expectations
The circular brick driveway, created after the 2024 acquisition of part of the adjacent lot, adds a grand approach and improves circulation on a property that already feels more like a small compound than a single home.
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that → create → home
Glaser’s history with the address reads like a case study in South Florida’s luxury market.
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history → read → market
He first bought the estate for about $11 million in 2017 or early 2018, renovated it with his wife and sold it in 2019 for $16.1 million.
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He → buy → million
Three years later, he repurchased the same home for $23.2 million, saying at the time that he simply loved the house.
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he → repurchase → house
In 2024, he partnered with neighbour Jane Holzer to buy the property next door at 111 Via Del Lago for $15.5 million, paying roughly $7.8 million for his half and using that land to expand the front yard and add the circular driveway.
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he → partner → driveway
This kind of lot assembly has become increasingly common among Palm Beach’s biggest buyers.
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kind → become → buyers
Acquiring adjacent parcels allows owners to create larger, more private estates in a land-constrained market where new waterfront or near-waterfront sites are rarely available.
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sites → acquire → waterfront
For Glaser, the move increased the footprint of his own home and strengthened the sense of a self-contained compound on a street where every foot of frontage carries a premium.
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foot → increase → premium
A developer’s personal showcase
Glaser is known for buying, repositioning and reselling some of Palm Beach’s most prominent addresses.
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Glaser → know → addresses
His portfolio includes the Tarpon Island deal, where he partnered with an investment group to overhaul the estate before its sale, reported at around $150 million to $152 million.
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he → include → million
He also bought, demolished and later sold the land that once held Jeffrey Epstein’s Palm Beach house, another high-profile transaction in a career built on reading the island’s shifting tastes.
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that → buy → tastes
Listing his own home puts Glaser on the other side of the table from many of his past deals.
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Listing → list → deals
He says he wants to downsize from the 16,000-square-foot mansion and move to a more walkable part of town, a preference that echoes a broader trend among some ultra-wealthy buyers who are trading sheer scale for convenience and proximity to daily amenities.
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who → say → amenities
Whether the market meets his $59 million ask will test demand for historic, land-rich estates in this particular pocket of Palm Beach.
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meets → meet → Beach
Price, history and market context
The $59 million price tag lands the property in the upper tier of Palm Beach’s current market.
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tag → land → market
The island has seen a surge in mega-sales in recent years, with dozens of transactions above $50 million since 2021.
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island → see → 2021
Many of those deals closed privately, never appearing on public listing services, which makes every new high-profile listing a useful barometer for where buyers and sellers currently align.
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buyers → close → services
For prospective buyers, the appeal lies in the combination of history, land and location.
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appeal → lie → history
The Wyeth design ties the house to Palm Beach’s architectural golden age.
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design → tie → age
The lot size, already large for the island and now expanded through assembly, offers room for gardens, pools and future modifications.
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size → expand → gardens
The proximity to Mar-a-Lago and Ocean Drive places it at the center of the island’s social and security landscape.
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proximity → place → landscape
What comes next
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comes → come → ?
The listing is held by Corcoran Group’s Suzanne Frisbie and Douglas Elliman’s Spencer Schlager.
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listing → hold → Frisbie
Frisbie brokered both of Glaser’s previous transactions on the house, giving her a long view of how the property has evolved through renovations, sales and repurchases.
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property → broker → renovations
Schlager points to the location, land size and historic design as the core strengths that make the estate attractive in a crowded field of ultra-luxury options.
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estate → point → options
…and 3 more, not listed.
The Aporia
