Palm Beach mansion sells

Villa Tranquilla was designed by architect Addison Mizner.

Villa Tranquilla, a restored Palm Beach mansion designed by renowned architect Addison Mizner sold for just over $36 million, according to a deed filed this week.

Records in the Palm Beach County Clerk’s Office show that Oceanic Place Properties LLC, which is reportedly tied to New York energy businessman Leslie J Gelber, sold the home to an undisclosed buyer.

TheMediterranean-style estate previously belonged to the late Cheng Ching Wang, father of famous designerVeraWang.

He purchased the home in1996 for $4.75 million. Cheng Ching Wang, who passed away in 2006, left the mansion to Vera and her brother, Kenneth. The siblings transferred ownership of the home to Oceanic Place Properties LLC in 2008.

Cristina Condon, of Sotheby’s International Realty, was the listing agent.

The homewas built in1928 and then expanded in the 1940s under the direction of architect Marion SimsWyeth. Itwas thoroughly restored and updated in 2013 by architect Jeffery Smith, according to Sotheby’swebsite.

The estate features a five-bedroom primary residence, a onebedroom guesthouse and twobedroom staff quarters. There are 12 bathrooms, a home theater, salt water pool and a three-car garage.

Pillars in the home were restored using a mold fromMizner’s original work, tile in the garden roomwas imported fromPortugal and the coffered ceilings in the library/sitting room are original, Condon told the Sun Sentinel in a telephone interview.

“The kitchen floors were imported from a [European] castle,” Condon said.

Even with its large price tag, Villa Tranquilla isn’t the most expensive property sold this year in Palm Beach County.

Ahomeat 60 BlossomWay sold in April for around $77 million. The residence was purchased by 60 Blossom Way Trust – which has been tied to billionaire Frank H. McCourt Jr.