The longtime residence and workplace of the late architect John L. Volk in Phipps Plaza is back on the current market — at $12 million — right after selling in late 2018 for a recorded $4.22 million.
The Midtown residence is staying presented with renovation plans approved by the Landmarks Preservation Fee for a big update to the 1920s setting up at 206 Phipps Plaza. The home is part of a combined-use enclave and designated historic district that lies a block north of Royal Palm Way off South County Street.
With its inside already gutted, the two-story building is on the north facet of the plaza and encompasses 10,950 sq. feet. The setting up has a loggia and balcony overlooking its private pool and garden. The household is identified as Casa de los Arcos, or Dwelling of the Arches.
Volk, 1 of Palm Beach’s most prolific architects, had his storefront office on the first flooring and lived in the apartment above with his late wife, preservationist Jane Volk.
Agent Adam McPherson co-stated the property very last week with his Douglas Elliman Actual Estate colleague Ashley McIntosh. The making is owned by a Florida confined legal responsibility organization co-managed by Tommy Morrison and his father, Carlos Morrison, who have longtime ties to Palm Beach.
From the archives: Investors invest in longtime Volk home in Phipps Plaza dwelling in Palm Beach front
The renovation programs connect with for five bedrooms and a new three-automobile garage, with two added parking areas on internet site and up to 10 permitted parking areas in the plaza, in accordance to the income listing.
For decades, John Volk’s business house was occupied by Smith Architectural Group. Last calendar year, architect Jeffery Smith and his staff vacated that space by consolidating their existing operations in a building immediately to the east, where they already had offices.
The options for the previous Volk building would change the entrance to the ground-flooring commercial space to Seaview Avenue, the street quickly to the north.
Architect Roger Janssen of Dailey Janssen Architects developed the original renovation ideas and past yr shepherded the venture by the landmarks board’s evaluation. The challenge has lately been overseen by architect Keith Spina of Spina O’Rourke + Companions.
The Morrison family’s ownership company acquired the property from Volk’s son, John K. Volk, who had lived there with his late wife, Lory. His father died in 1984, and his mom, Jane, lived at the home until finally her demise in 2010.
In the 2018 sale, agent Bruce Berry of the Corcoran Team was the listing agent and co-listed the property with agent Suzanne Frisbie. Attorney Homer Marshman taken care of the buyer’s side.
Immediately soon after the sale, broker Christian Angle of Christian Angle Serious Estate re-detailed the house at $6.3 million, according to the multiple listing company, but a consumer never emerged.
Soon just before the sale in 2018, the Town Council agreed that the home could be split into two residences, despite the fact that Douglas Elliman is advertising and marketing the residence as a single building — and the renovation designs reflect that status.
Phipps Plaza has been in the information these days. In May, inside designer Scott Snyder sold his longtime property and office at 209 Phipps Plaza — following door to the previous Volk house — for a recorded $7.975 million. A constrained legal responsibility corporation bought the two-story constructing in an off-market place deal managed on equally sides by broker Linda Olsson of Linda R. Olsson Inc., Real estate agent. That building was concluded in 1926 and has 6,591 sq. feet of area. Snyder, who stated Palm Seashore would keep on being his home, has relocated his business close by.
Much more:Designer Snyder sells landmarked office environment-home in Palm Seaside
Close by, building is progressing on schedule for The Carriage House, a private social club set to open by the end of the year, in accordance to architect Nelo Freijomel of Spina O’Rourke + Partners. The club will occupy historic buildings at 264 and 270 S. County Road at the entrance to Phipps Plaza.
Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news objects about Palm Beach front authentic estate for this column. Electronic mail [email protected], get in touch with 820-3831 or tweet @PBDN_Hofheinz.