4040 IBIS POINT Circle, Boca Raton, FL 33431

$3,920,000
Property Type: Residential Bedrooms: 6 Baths: 10 Square Footage: 15,479 Status: Closed
Current Price: $3,920,000 List Date: 7/23/2003 Last Modified: 7/24/2026

Overview

Description

PALATIAL AND ELEGANT MEDITERRANEAN-INSPIRED SANCTUARY DEEPWATER ESTATE SITE ON AN OVERSIZED LOT WITH APRX 102 FEET OF YACHT DOCKAGE. STATELY 15,479 APPRX TOTAL SQUARE FEET BOASTS 3 LEVELS OF LUXURIOUS LIVING. A UNIQUE OPPORTUNITY FOR AN INVESTOR OR LUXURY BUYER IN THIS PRESTIGIOUS ENCLAVE. SOLD IN "AS IS" CONDITION. *THIS LISTING SUBJECT TO ERROR, OMISSION & CHANGE IN PRICE WITHOUT NOTICE.

Listing Details MLS# R2342287

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
6
Bathrooms Total
10
Bathrooms Full
8
Bathrooms Half
2
Building Area Main
15479
Living Area Main
13278
Year Built
1991
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
4
Covered Spaces
4
Lot Size Dimensions
APX 102 FT ON WATER
Frontage Length
102
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
3
Stories
3
Direction Faces
Northwest
Fireplace YN
Yes
Pool Private YN
Yes
Spa YN
Yes
Furnished
Furnished
LP/Assessed Value
1.62

Property Features

Association Fee Includes: Common Areas; Security Dining Area: Breakfast Area; Formal Dining Flooring: Carpet; Marble Parking Features: Circular Driveway; Attached Garage; Garage Appliances: Dishwasher; Disposal; Dryer; Electric Range; Refrigerator; Washer Architectural Style: Mediterranean Boat and Dock Features: Electric Available; Private Dock; Water Available Construction Materials: CBS; Frame Cooling: Central Air; Electric; Zoned Association Type: Homeowner Association Heating: Central; Zoned Interior Features: Bar; Bedroom Layout - Split; Cabana Bath; Elevator; Entrance Foyer; High Ceilings; Pantry; Walk-In Closet(s); Wet Bar Laundry Features: Inside; Laundry Closet Levels: Multi/Split Listing Terms: Cash Pets Allowed YN: Yes Pool Features: Heated; In Ground Possession: Close Of Escrow Restrictions: No Restrictions Roof: Spanish Tile Security Features: Gated with Guard; Security Patrol; Security System Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Zoned Sprinkler Tax Information: City/County Utilities: Sewer Available; Water Available Water Access: No Fixed Bridge; Ocean Access Water Source: Public Water View: Canal Waterfront Features: Canal Front; No Fixed Bridges Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany Outdoor Living Spaces: Patio Patio Details: Patio - Open Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Den; Dining Room; Family Room; Kitchen; Laundry; Living Room; Loft; Master Bedroom

Contract Information

Comp Sale YN
No
Original List Price
4700000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
4040
Street Name
IBIS POINT
Street Suffix
Circle
City Name
Boca Raton
State Or Province
FL
Postal Code
33431
Postal Zip
33431
Subdivision Name
THE SANCTUARY
Development Name
THE SANCTUARY
Area
4180
Geographic Area
PB02
Special Assessment YN
No
Parcel Number
06434708220000762
Zoning
RESIDENT
Directions
CALL LISTING OFFICE

Financial Information

Association YN
Yes
Association Fee
875
Association Fee Frequency
Monthly
Association Membership
Mandatory
Application Required YN
Yes
Tax Annual Amount
52342
Tax Year
2003
Tax Assessed/SOH Value
2538654
Tax Legal Description
LT 76 (LESS SWLY 19 FT) & LT 75 (LESS TH PT AS IN OR 4426P1257) SANCTUARY REPL

Status Change Information

Major Change Timestamp
2004-02-09T12:16:30Z
Major Change Type
Price Change
Price Change Timestamp
2004-02-09T12:16:30Z
Status Change Date
2004-07-20
Under Contract Date
2004-07-06
Close Date
2004-07-20
Close Price
3920000
Buyer Financing
Cash

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
150

Boat and Dock Information

Dock
Yes
Boat Max Length
80
Boat Dock Accommodates
Up to 80 Ft Boat

Price Calculations

Current Price To SqFt
295.22
Original List Price To Close Price
1.19

Originating Details

Originating System Key
20130204144007873561000000
Originating System ID
M00000170

Room Information

Room Name Length Width
Bedroom 2 17.00 16.00
Bedroom 3 17.00 13.00
Bedroom 4 24.00 18.00
Bedroom 5 16.00 12.00
Dining Room 20.00 15.00
Dining Room 17.00 16.00
Den 23.00 23.00
Family Room 28.00 24.00
Kitchen 20.00 14.00
Living Room 18.00 17.00
Master Bedroom 29.00 18.00
Loft
Laundry
IDX
Listing Office: Premier Estate Properties Inc
Source MLS Verified
Last Updated: July - 24 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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