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196 Banyan Road, Palm Beach, FL 33480

$12,000,000

Property Type: Residential Bedrooms: 7 Baths: 13 Square Footage: 13,077 Lot Size (sq. ft.): 38,333 Status: Closed

Current Price: $12,000,000 List Date: 5/29/2014 Last Modified: 1/12/2026

Description

“La Loma,” is one of John Volk’s most important Palm Beach estates. In 1929, when Volk was commissioned to build this grand three story Mediterranean Revival home, he chose to raise the elevation of the property to make the home stand out from Addison Mizner’s nearby Mediterranean Revival homes. The extraordinary detail and beauty of the home and stunning grounds make this home a truly one of a kind Palm Beach residence.

More Information MLS# R10044838

Contract Information

Comp Sale YN: No Listing Contract Date: 2014-05-29 Status: Closed Original List Price: 14500000 Sold Price: $12,000,000 Current Price: $12,000,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Zip: 33480 Geographic Area: PB30 Special Assessment YN: No Street Number: 196 Street Name: Banyan Street Suffix: Road State Or Province: FL Postal Code: 33480 Subdivision Name: N/A Area: 5003 Parcel Number: 50434326000020200 Zoning: RA Directions: Okeechobee blvd to PB Island.

General Property Information

Living Area Main: 7157 Lot Size Dimensions: DP 212 Lot Size Area: 38333 Senior Community YN: No Furnished: Unfurnished Stories Total: 2 Stories: 2 Pool Private YN: Yes LP/Assessed Value: 2.58 Property Sub Type: Single Family Residence Bedrooms Total: 7 Bathrooms Total: 13 Bathrooms Full: 10 Bathrooms Half: 3 Building Area Main: 13077 Building Area Source: Public Records Year Built: 1929 Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 0.88 Direction Faces: North

Financial Information

Membership Fee Required YN: No Tax Assessed/SOH Value: 5618378 Tax Annual Amount: 100850.61 Tax Year: 2013 Tax Legal Description: 26-43-43, W 194.84 FT OF S 226.7 FT OF N 1154.2 FT OF S 1/2 OF GOV LT 2 E OF COUNTY RD

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2014-12-08T20:13:53Z Major Change Type: Status Change Status Change Date: 2014-12-08 Under Contract Date: 2014-10-17 Close Date: 2014-12-08 Close Price: 12000000

Amenities

None: 1

Flooring

Other: 1

Parking Features

Garage: 1

Short Sale Details

Short Sale Addendum: No

Possession

Close Of Escrow: 1 Negotiable: 1

Utilities

Electricity Available: 1

Heating

Central: 1

Water Access

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Construction Materials

Concrete: 1

Interior Features

Pantry: 1

Listing Terms

Cash: 1 Conventional: 1

Cooling

Central Air: 1

Association Type

Homeowner Association: 1

Showing Requirements

See Remarks: 1

Master Bedroom/Bath

Separate Shower: 1 Separate Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

No Restrictions: 1

Tax Information

City/County: 1

Room Types

Family Room: 1 Kitchen: 1 Kitchen Level: First Living Room: 1 Living Room Level: First Master Bedroom: 1 Master Bedroom Level: First

Price Calculations

Current Price To SqFt: 1676.68 Original List Price To Close Price: 1.2

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

Originating Details

Originating System Key: 20140529154754841549000000 Originating System ID: M00000170

Property Features

Flooring: Other Parking Features: Garage Appliances: Dishwasher; Dryer; Refrigerator; Washer Construction Materials: Concrete Cooling: Central Air Association Type: Homeowner Association Heating: Central Interior Features: Pantry Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Tax Information: City/County Utilities: Electricity Available Water Access: None Showing Requirements: See Remarks Room Types: Family Room; Kitchen; Living Room; Master Bedroom Acreage Description: 1/2 To Less Than 1 Acre Lot

Room Information

Living Room Length: 20.00 Length: 20.00 Width: 20.00 Width: 20.00 Level: First Kitchen Length: 15.00 Length: 15.00 Width: 15.00 Width: 15.00 Level: First Master Bedroom Length: 20.00 Length: 20.00 Width: 20.00 Width: 20.00 Level: First Family Room

Listing Office: Sotheby's Intl. Realty, Inc.

Last Updated: January - 12 - 2026

196 Banyan Road, Palm Beach, FL 33480- MLS# R10044838

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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