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ActiveFor sale

23 Coconut Lane, Ocean Ridge FL 33435, Ocean Ridge

$7,490,000

Ocean Ridge, FL, 33435

23 Coconut Lane, Ocean Ridge FL 33435 — photo 1
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Property details

Bedrooms
4
Bathrooms
5.5
Living area
6,691 sqft
Year built
2002
Type
Single Family Residence
Days on market
103
MLS #
B26015513

Listing courtesy of Serhant · 561-203-2762. Listing agent: Charles Christian Prakas. MLS data last updated 2026-07-27.

Description

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.

23 Coconut Lane, Ocean Ridge FL 33435, Ocean Ridgefor sale, listed for $7,490,000 (4 bed, 5.5 bath, 6,691 sqft).

$1,119/sqft · 92% percentile · based on 32 4-bed listings for sale in 33435 (median $488/sqft).

Observed price & status history

Asking price reduced from $7,950,000 to $7,490,000.

Where is this market heading?

Our weekly snapshot archive tracks the median for 4-bed listings for sale in 33435: $466/sqft in 2026-W30 to $458/sqft in 2026-W31.

This history is computed from our own recorded market snapshots, not backfilled estimates.

n=34 · 2026-07-30 · Methodology

Price per square foot

This listing is priced at $1,119 per square foot, which is the 92% percentile among 32 active 4-bed listings for sale in 33435 (median $488/sqft).

n=32 · 2026-07-30 · Methodology

Run the numbers

Local market report

Browse this price segment

n=6 · 2026-07-30 · Methodology

How long has it been listed?

103 days so far — the median among 32 active 4-bed listings for sale in 33435 is 56 days, putting this listing at the 77% percentile for market time.

n=32 · 2026-07-30 · Methodology

Current market segment

Right now: 32 active 4-bed listings for sale in 33435, median asking price $1,149,000, median $488/sqft.

n=32 · 2026-07-30 · Methodology

Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology

The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.