Joanne and Roberto deGuardiola had a major makeover on the house they sold to a Massachusetts limited liability company.
A completely renovated home – carved out in the 1950s from a 1924 mansion designed by famed architect Addison Mizer – has changed hands for a saved $ 15.25 million in a lakeside neighborhood off the coast of Billionaire’s Row in Palm Beach.
On dry land, the house at 12 Lagomar Road was completely rebuilt in an award-winning project around ten years ago by its vendors, interior designer Joanne de Guiardiola and her investment banker husband, Roberto A. deGuardiola Jr.
The buyer was Dahlia Associates LC, a Massachusetts limited liability company with an address at 68 Commercial Wharf in Boston, according to the deed registered Friday.
The Mediterranean style house had been on and off the market since 2016 with different agencies.
Its most prominent historic feature is the Mizner-designed wood-paneled living room – with 14-foot ceilings and its original fireplace – which was the original mansion’s dining room. On the second floor, the room measures 24 feet by 35 feet and faces a large outdoor deck that overlooks the property adjacent to the Intracoastal Waterway.
Agents Dana Koch and Paulette Koch took care of both sides of the sale, Dana Koch confirmed on Monday. He declined further comments.
Just south of the Widener Curve of South Ocean Boulevard, the irregularly shaped land measures approximately three-quarters of an acre with a steep slope downward from east to west. The property has been sold with a beachfront plot – cut from the original estate – across South Ocean Boulevard.
Archives: Ballinger Award-winning Lagomar house posed navigation problems
With 3 ½ levels, the home has a townhouse-style layout – designed around a custom-designed elliptical staircase – that includes seven bedrooms and 9,714 square feet of living space, inside and out. outside. Of this total, 6,357 square feet are air-conditioned.
When the deGuardiola bought the house, known at the time as 9 Lagomar Road, it was in poor condition and Joanne deGuardiola began planning a complex renovation. Because it was once part of the larger residence, the tall, shallow house was disproportionate to its relatively small lot, she told the Palm Beach Daily News in 2012.
To achieve a more appropriate scale for the property, the couple purchased an adjacent plot to help achieve a more appropriate scale. Courthouse records show the couple paid $ 3 million for a property on Lagomar Road in 2005, but records are unclear whether that price included their two purchases.
Joanne deGuardiola’s vision, she had previously told the Palm Beach Daily News, was to make the house look like an Italian villa nestled in a small hill.
In addition to reworking the entrance to the residence, the renovation reorganized the interior spaces, while preserving the historic elements of the converted dining room.
The renovation project won the 2012 Ballinger Award from the Preservation Foundation of Palm Beach for historic renovation and restoration. Architects Raphael Saladrigas and Leah Cohen oversaw the renovation in close collaboration with Joanne deGuardiola.
The third floor is reserved for the three bedrooms. The master bedroom is accessed by an additional half staircase at a height of 50 feet above sea level, a position which gives it unobstructed views of the waterway.
The layout on the other floors includes two guest bedrooms, a dining room, a family room and an office.
Archives: Renovated Mizner House on Lagomar Road for sale at $ 16.95M
“It was a crazy labor of love – and he turned out to be a lot more (involved) than I initially thought,” said Joanne deGuardiola after the house entered the market in 2016. “But it also went wonderfully well.”
Among the outdoor amenities, the deGuardiolas added a pavilion with 18-foot ceilings near the 60-foot infinity pool. On the west side of the house, they also built a clay tennis court.
Joanne deGuardiola is an interior designer from New York who worked for 10 years at the venerable Parish-Hadley studio before opening her own eponymous decor business. Her husband founded deGuardiola Advisors, an investment bank specializing in mergers and acquisitions in the asset management industry.
The deGuardiolas just paid $ 3 million for a four-bedroom, two-story condominium at The Plaza, formerly known as Trump Plaza, at 529 S. Flagler Drive in West Palm Beach, according to courthouse records. Via a deed registered on May 21, they purchased the 8,978 square foot apartment at San KJ Lee and Aeyung Park from Melo, who were co-trustees of a trust on Lee’s behalf. Park de Melo, who is also an agent for the Corcoran group, held the listing. Premier Estate Properties agent Jim McCann acted on behalf of the deGuardiolas in connection with the condo transaction.
Archives: House redone with Mizner elements on Lagomar Road land in the market
The 12 Lagomar renovation kept the home’s footprint roughly unchanged, but increased its square footage by nearly 4,000 square feet. The majority of the additions involved outdoor loggias, terraces and courtyard spaces for outdoor living.
“We really wanted a covered outdoor space, with a great view of the Intracoastal Waterway,” said Joanne deGuardiola when the house won the Ballinger Award.
The original mansion from which the house was subdivided at one time measured 60,000 square feet. Mizner designed the residence for coal broker John Magee on a 6-acre plot from coast to coast.
As the late historian Mizner, Dr Donald Curl documented, the mansion’s original dining room occupied its own wing, facing a terrace and Lake Worth, connected to the rest of the house by a loggia.
A few years after construction was completed, Magee sold the house – known as the Lagomar – to the widow of Pittsburgh industrialist Henry Robinson Rea, and Edith Rea subsequently ordered several additions. Two years after his death in 1951, Alan M. Graf purchased the estate for $ 185,000 and later subdivided the house into separate buildings.
This is a developing story. Check back for all updates.