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New York Post

Jeffery Epstein's notorious Palm Beach property gets $60M makeover

One of the most notorious properties in Palm Beach is on the cusp of a complete transformation. A new 10,000-square-foot waterfront pad is rising on the waterfront parcel where Jeffery Epstein's 14,000-square-foot mansion once stood — a project valued at $60 million. The long-gone house of horrors, purchased by the late, convicted sex offender for $2.5 million in 1990, was reportedly a hotbed of child sex abuse for many years. Advertisement 18 On the site of one of Palm Beach's most infamous addresses, a newly built 10,000-square-foot mansion is nearing completion, replacing the waterfront estate once owned by Jeffrey Epstein. Zak Bennett for NY Post 18 The late financier, who purchased this property (pictured above) in 1990 for $2.5 million, allegedly used the 14,000-square-foot compound as a hub for abusing underage girls, aided by Ghislaine Maxwell, now serving a 20-year prison sentence for sex trafficking. SDNY During a 2005 police raid, investigators uncovered explicit photographs, sex toys, and nude paintings that shocked the affluent community. Advertisement Locals saw the property as an enduring stain on the town's image, and calls for its demolition only grew louder after Epstein's 2019 death in a Manhattan jail while facing federal sex trafficking charges. In March 2020, developer Todd Glaser purchased the 1950s-era British Colonial-style estate for $19 million through broker Lawrence Moens, who admitted he 'hoped the structure would get wiped off the map.' 18 Following Epstein's 2019 death in a Manhattan jail, locals called for the home's demolition, describing it as a blight on the community. 18 The build coincides with the sale of other Epstein holdings, including his Manhattan townhouse for $51 million, his New Mexico ranch, and two private Caribbean islands purchased in 2023 by financier Stephen Deckoff for $60 million. SDNY Advertisement 18 Developer Todd Glaser bought it in 2020 for $19 million through broker Lawrence Moens, who said he 'hoped the structure would get wiped off the map,' and quickly razed it. The Palm Beach Post-USA TODAY NE 18 Proceeds from the sale went to victim compensation and tax debt. The Palm Beach Post-USA TODAY NE Within weeks, the house was demolished. Funds from the sale were used to compensate Epstein's victims and address the disgraced financier's outstanding tax obligations. Eighteen months later, Massachusetts venture capitalist David Skok, a principal at Matrix Partners, bought the cleared lot for $25.8 million — during a pandemic-fueled luxury property boom in elite Palm Beach. Advertisement 18 In late 2021, Massachusetts venture capitalist David Skok purchased the cleared lot for $25.8 million amid a Palm Beach real estate boom. RM / 18 Construction began in October 2023 on a two-story home with six bedrooms, a library, courtyard, pool, pavilion, and guesthouse, with newly planted trees for privacy. MEGA for NY Post 18 The design channels the grandeur of the area's 1920s and '30s Mediterranean Revival mansions, with red barrel-tile roofs, white stucco walls, stepped gable details, and tall multi-pane windows reminiscent of Addison Mizner's work. Zak Bennett for NY Post 18 Expansive herringbone-patterned terraces, manicured lawns, and a side-positioned pool open to sweeping Intracoastal views, while a deepwater dock accommodates yachts. Zak Bennett for NY Post Skok's plans, approved by local officials, envisioned a two-story home with six bedrooms, a library, courtyard, swimming pool, pavilion, and direct water access, as well as a guesthouse. Newly released photos obtained by The Post now show the project near completion — with a sleek white facade framed by fresh landscaping, and tall trees strategically planted to shield the property from public view. The newly-built Palm Beach waterfront estate channels the grandeur of the area's 1920s and '30s Mediterranean Revival mansions, with red barrel-tile roofs, white stucco walls, stepped gable details, and tall multi-pane windows reminiscent of the pioneering Addison Mizner's work. 18 Though the architecture nods to Palm Beach's Gilded Age glamour, the residence is fitted with hurricane-rated windows, updated infrastructure, and contemporary amenities. Zak Bennett for NY Post Advertisement 18 The project reflects a shift from scandal to high-end appeal, with Skok's vision turning a dark chapter into a showcase property. Zak Bennett for NY Post Designed for modern luxury living, the symmetrical, palm-lined residence opens to expansive herringbone-patterned terraces and manicured lawns overlooking the Intracoastal with 175 feet of water front views, with a side-positioned pool and a deepwater dock for yachts. While its architecture evokes historic Palm Beach glamour, the home benefits from hurricane-rated windows, updated infrastructure, and contemporary amenities. The property is now worth about $60 million, Glaser told The Post. Advertisement 18 Inside Epstein's former home, now demolished, interiors show wood-paneled ceilings. SDNY 18 The former home was built in 1952 and had an elevator. SDNY 18 A photo show Epstein's former office at the home. image supplied by PLF/Capital Pictures / MEGA 18 Photos of the former home show one of six bedrooms. SDNY Advertisement 18 The former home boasted 7 bathrooms. SDNY 18 The former home featured a gas heated pool. SDNY Under Epstein's ownership, the address was 358 El Brillo Way. But under Skok's ownership, the property's address changed to 360 El Brillo Way to pave over any association with Epstein's crimes. The redevelopment of the Palm Beach site comes amid a broader sell-off of Epstein's global real estate portfolio. Advertisement His Manhattan townhouse sold for $51 million in 2021, while his New Mexico ranch and two private Caribbean isles — Great St. James and Little St. James — found buyers in 2023. Financier Stephen Deckoff paid $60 million for the islands.