23 Coconut Lane

Ocean Ridge, FL 33435

$7,490,000

$1,119/ft²

4Beds

5.5Baths

6,691Sq ft

2002Year built

Single-family homeType

About this home

Tucked away at the end of a quiet, private lane in the exclusive coastal enclave of Ocean Ridge, 23 Coconut Lane offers a rare opportunity to own nearly half an acre just moments from the beach. Set on an expansive 19,000+ square foot lot, this residence delivers the perfect blend of privacy, scale, and South Florida lifestyle. Completely gut renovated from the shell and reimagined into a 2026 Ocean Ridge masterpiece, this home offers the feel of new construction with the character and setting of an established coastal neighborhood. As you enter, you're welcomed by a grand open foyer, complemented by custom wine storage and a spacious office/den—ideal for working from home or a quiet retreat. The home then opens into a light-filled living room that flows seamlessly into the formal dining area, creating an inviting setting for both everyday living and entertaining. The kitchen is truly the heart of the home—designed for both a chef and a designer's eye—featuring an oversized island, Wolf gas appliances, custom panel refrigerator, wine cooler, ice maker, and a generous walk-in pantry. The space opens effortlessly to a cozy breakfast nook and informal living area, all overlooking the pool and expansive outdoor loggia. Upstairs, accessible by two beautifully designed staircases, you'll find four oversized bedrooms, each with en-suite bathrooms. The primary suite is a true retreat, offering stunning views of the backyard, a spa-like bath with an oversized shower, freestanding tub, dual vanities with a dedicated makeup area, separate his-and-her water closets, and expansive custom closets. One of the most impressive features of the home is the extensive wraparound balconies and terraces accessible from every upstairs bedroom—providing incredible views of the lush, private grounds and enhancing the indoor-outdoor lifestyle. The outdoor experience is equally exceptional, featuring a covered loggia overlooking a serene preserve, a fully equipped summer kitchen, private outdoor shower, and a cabana bath designed for seamless poolside living. With over 6,000 total square feet, 4 bedrooms, and 5.5 bathrooms, this home offers both immediate enjoyment and long-term value in one of South Florida's most desirable, low-density beachside communities. Private. Expansive. Coastal living at its best.

Features

Waterfront
Private pool

Property details

Listing

MLS #: B26015513
Status: For sale
Listed on: Apr 14, 2026
Days on market: 118 days
Listing data updated: Jul 27, 2026

Interior

Beds: 4
Baths: 5.5
Living area: 6,691 ft²
Price per ft²: $1,119/ft²

Building & community

Type: Single-family home
Year built: 2002
County: Palm Beach

Lot & exterior

Lot size: 19,724 ft²
Waterfront: Yes
Private pool: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $37,874
Property taxes (est.): $6,866
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$45,340*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?