Developer Louis Capano has built on speculation a six-bedroom house at 256 Fairview Road in Palm Beach, priced at $6.795 million.
This article appeared in the September issue of Palm Beach Daily News. Click here to read the article.
Once building is in your blood, it travels right along with you.
Or so it would seem with Louis Capano, a developer whose family has built custom homes for more than 70 years in Delaware and has completed apartment buildings in Coral Springs, Vero Beach and Jensen Beach.
Having entered the Palm Beach market, he recently completed a North End house he developed on speculation — his second in town.
“I’ve lived in Ocean Ridge and Manalapan for over 20 years and I’m in Palm Beach often, and I started out building here for the fun of it,” he says.
“We like to think we know what we are doing,” he adds, noting that his first project, a ranch-style house — at 216 Sandpiper Drive — sold quickly.
“We’ve been in the business so long, we know what people like.”
His latest project is a six-bedroom, six-bath home with two half-baths at 256 Fairview Road. With 5,072 square feet of living space, inside and out, the property is co-listed for $6.795 million through agents Stephanie Lefes and John Porter of Sotheby’s International Realty.
The two-story white stucco home has blue shutters, a so-called “hanging” balcony over the front door, and the library has a bay window. The rear of the house also features a hanging balcony, as well as a covered patio off the family room. The pool and spa are accented with blue tiles and set amid landscaped gardens designed by WGI.