This $285M megamansion is the priciest for sale in the US — and it just began construction

How much does it cost to call a billionaire your neighbor?

Directly adjacent to Oracle co-founder Larry Ellison’s oceanfront compound in Manalapan, Florida, a $285 million estate is officially under construction, The Post has learned. With that figure, it’s the most expensive new-construction, single-family home ever brought to life in the United States.

What’s more, it’s also the most expensive home now for sale in the country. The property first listed for sale asking that breathtaking price back in January, but construction had not yet been officially approved or started.

Located at 1960 South Ocean Blvd., the ocean-to-Intracoastal property has secured all necessary permits, clearing the way for a residence that stretches more than 54,000 square feet and includes everything from a beach house and a car museum to a bowling alley, a shooting range and a spa.

Construction crews have begun vertical building, with the estate expected to take shape over the next few years. If sold at or near its $285 million asking price, the estate will also eclipse current records and become the most expensive home ever sold in the nation.

In April, Florida’s most expensive home ever sold thus far was a $225 million waterfront property in Naples. Nationwide, hedge fund billionaire Ken Griffin still holds the title for the priciest dwelling ever sold in the US, with his 2019 — and roughly $238 million — purchase of a multi-level unit inside Manhattan’s 220 Central Park South.

Manalapan, for its part, has steadily transformed into a preferred enclave for the ultra-wealthy — notably including the billionaire founder and CEO of WeatherTech, David MacNeil. MacNeil recently acquired a sprawling coastal plot for $55.5 million in cash, adding to a prior $38.5 million purchase, bringing his total investment in the area to approximately $94 million.

This newly under-construction project is the brainchild of developer and former Manalapan mayor Stewart Satter, who has teamed up with builder Robert W. Burrage of RWB Construction Management and design firm Choeff Levy Fischman.

“Securing city approval for this estate is an exciting and pivotal step forward,” said Satter. “This milestone brings us closer to realizing a project that aims to set a new benchmark for residential real estate in America. We’ve assembled an extraordinary team to bring this vision to life, and with the green light now in place, we’re ready to move into the next phase of making history.”

Designed across 54,570 square feet of interior space, the compound will consist of a main house, a guest residence, a beach house and a boat house, along with a vast portfolio of amenities.

Those also include a golf simulator, a movie theater and a club room.

While the home’s footprint is colossal, the level of detail is equally precise. The main residence alone spans 50,390 square feet and includes eight bedrooms, nine full bathrooms, seven powder rooms, two kitchens and dedicated staff quarters.

The 4,145-square-foot primary suite — bigger than many American homes — faces the ocean and features a private lounge, dual executive bathrooms with soaking tubs and therapeutic showers, and expansive closets.

Interior design is being led by Marc-Michaels Interior Design Inc..

“Every detail was meticulously crafted to create an atmosphere of refined luxury, seamlessly blending timeless elegance with modern functionality,” said Marc-Michaels president Mark Tremblay.

Outdoor features are also quite grand.

The estate’s aquatic amenities cover 8,800 square feet and include a 3,200-square-foot front pool and a 3,700-square-foot rear infinity-edge pool with a rare acrylic wall offering unobstructed views of the Intracoastal.

The grounds will be further enhanced by cascading waterfalls, hydrotherapy spas, sun shelves and lagoon-style landscaping.

Marketing for the property is being handled by the Exclusive Group at Douglas Elliman, with broker Nick Malinosky representing the listing.

“This estate is unlike anything the market has ever seen,” said Malinosky. “Its sheer scale, impeccable design, and unmatched amenities make it a true icon of luxury living. This is more than just a home — it’s a statement, a record-breaking achievement that will forever redefine the standard of ultra-luxury real estate.”

Alongside MacNeil and tech titan Ellison — whose $173 million estate acquisition in 2022 initiated the trend of billionaires heading to Manalapan — the town has seen at least 21 properties sell above $20 million since 2020, with several surpassing $40 million.

Manalapan’s combination of expansive ocean-to-Intracoastal lots, strict privacy and low-density zoning continues to attract billionaires seeking both exclusivity and convenience.