Rare and private estate set on an expansive 1-acre+/- lot in the heart of town. This exceptionally built property offers an impressive 8 bedrooms; 10 and a half baths thoughtfully divided between the main residence and detached guest house. Inside, a dramatic double-height living room showcases elegant proportions and several seating areas with a beautiful fireplace. The home offers a luxurious primary suite with dual baths and generous walk-in closets, opening to a private balcony. A first-floor VIP guest suite includes a spacious bath, walk-in closet, and covered loggia. Four additional bedrooms are in their own wing with back stairs down to the kitchen and family room which opens to the pool area. Additional features include a large dining room with wet bar, spacious library/den, a full cabana bath, an elevator and garaging for 3 cars. The guest house enjoys its own private driveway and separate garage parking, providing exceptional privacy and flexibility for guests, extended family, or staff. It features a comfortable living area, kitchenette, two bedrooms, and bath. A downstairs fitness area with a full bath has french doors to the outdoor space. The serene backyard is a private tropical retreat, beautifully landscaped with lush greenery, mature trees and a winding trail through the garden. A fabulous resort-style pool and spa are surrounded by expansive patios and loggias, creating an ideal setting for relaxing, and entertaining. Enjoy the ultimate Palm Beach lifestyle with a coveted in-town setting within easy walking distance to shopping, The Breakers, and the beach.