Interior designer Victoria Hagan and businessman Michael Berman have recently sold their impressive Palm Beach, Florida mansion for a staggering $60.4 million in an off-market sale. The property, located at 130 Banyan Road, sits on nearly an acre of land and boasts a single-family home with nine bedrooms, 12 bathrooms, and two half bathrooms. Originally built in 1926, the house underwent a transformation into a contemporary English style under the guidance of designer Hagan and architect Peter Papadopoulos.
Described as a 'one-off design' by listing agents, the home features exquisite entertaining spaces both indoors and outdoors, complemented by soaring ceilings that create a magical ambiance. The property includes a tennis court, gardens, a pool, and is in close proximity to the ocean, making it one of the most expensive non-waterfront purchases on Palm Beach Island and the priciest closing of 2024 so far.
The sale of this property was a personal project for Hagan, who designed the home for her husband and family. The unidentified buyer initiated the purchase process in February, marking a significant real estate transaction in the area. Notably, designer Tom Ford set the record for the most expensive non-waterfront sale in Palm Beach in 2022, with a purchase of $51 million, before surpassing that record in a home swap valued at over $100 million last year.
Victoria Hagan, a Parsons School of Design graduate, is renowned for her modern luxury style and founded her design firm over 25 years ago. With offices in New York City and Palm Beach, Hagan and her team cater to residents' design needs, showcasing their expertise in creating sophisticated living spaces. The couple, who own multiple homes across the country, have been featured in various publications for their exceptional taste and design sensibilities.
