The empty lot next to billionaire Larry Ellison’s Manalapan, Florida compound is on offer for $75 million.
That price marks a staggering $210 million discount from the 4-acre property’s eye-watering $285 million ask earlier this year. That nine-figure offer came with pre-approved construction plans, making it the most expensive new-construction home for sale in the United States.
The new $75 million listing, first reported by Fox Business , was formed in response to “evolving market dynamics and significant buyer feedback,” according to a Friday morning press release. In short: That price is for the land alone.
The seller, Stewart Satter, is a developer and former mayor of Manalapan. He is represented by Nick Malinosky of the Exclusive Group at Douglas Elliman.
Malinosky told The P

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