WeatherTech Billionaire Lists Rare $125M Ocean-to-Lake Lots in Manalapan

A look inside the staggering listing that highlights the ultra-luxury demand in Palm Beach County.

If you follow the ultra-luxury real estate market in South Florida, you know that records are made to be broken. But a recent listing in Manalapan has turned heads even on "Billionaire’s Row." David MacNeil, the founder and CEO of WeatherTech, has listed a massive vacant parcel of land for a cool $125 million.

Having been raised in Jupiter, I’ve watched the local landscape evolve for decades. Yet, opportunities like this—spanning from the ocean to the lake—remain exceptionally rare. Here is everything you need to know about this nine-figure listing and what it says about the state of luxury real estate in our backyard.

The Story Behind the $125 Million Listing

David MacNeil, best known for his "Made in America" automotive accessories empire, didn't just stumble upon this land. He assembled it.

According to reports, MacNeil originally purchased a property at 1120 S. Ocean Blvd. for $38.5 million. Not long after, he acquired the neighboring estate at 1140 S. Ocean Blvd. for roughly $55.5 million. The plan? To create a personal mega-compound by razing the existing structures—a trend often called "buy-and-bulldoze" that is becoming increasingly common among ultra-high-net-worth buyers in Florida.

However, plans have changed, and MacNeil has now placed the combined lots on the market.

What Do You Get for $125 Million?

The price tag is staggering, but so is the asset. This isn't just a plot of sand; it is a massive slice of one of the most exclusive barrier islands in the world.

• Ocean-to-Intracoastal: The property spans the entire width of the island, offering frontage on both the Atlantic Ocean and the Intracoastal Waterway (Lake Worth Lagoon).

• Massive Footprint: The combined lots offer approximately 360 feet of water frontage.

• A Blank Canvas: Because the value is in the land, the buyer has the unique freedom to build a custom trophy estate without the constraints of an existing historic footprint.

Why Manalapan?

Situated just south of Palm Beach and north of Delray Beach, Manalapan offers a level of privacy and tranquility that appeals to those who want the Palm Beach lifestyle without the congestion. It is a community where "estates" are the standard, and neighbors include some of the world's most influential business titans.

For buyers looking in Jupiter, Palm Beach, or Manalapan, the appeal is consistent: year-round sunshine, tax benefits, and a boating lifestyle that is second to none.

Local Insight with Drew Saporito

What does this listing mean for us here in Jupiter and the Northern Palm Beaches? It confirms that the demand for Florida coastal land is not slowing down. When billionaires are trading land at these valuations, it creates a ripple effect that solidifies property values across the entire region.

Whether you are looking for a $125 million compound or a luxury waterfront home in Jupiter, the key is working with a broker who understands the nuances of the local market—someone who knows the waterways, the neighborhoods, and the history of the area.

Are you looking to buy or sell luxury real estate in Jupiter or the Palm Beaches? Work with a Broker Associate who knows the area inside and out. Contact Drew Saporito today to discuss your next move.