A Ferrari-inspired estate, Casa Maranello, located in Delray Beach, Florida, set a new local record last week when it was sold for $50.5 million.
This historic transaction was not only the area’s most significant real estate deal but also one of the most unique. The sale included a mansion swap, custom-designed furniture, extravagant chandeliers, artwork, alcohol, and even a scaled-down Ferrari 250 Testa Rossa sports car.
According to public records, the buyer was a trust associated with William Cafaro, co-president of a retail property development firm in Niles, Ohio. The trust acquired the seven-bedroom, nine-bathroom residence—along with all of its furnishings, for which millions more were paid—through a combination of cash and real estate valued at $55 million.
The trust compensated the home’s architect and developer, Aldo Stark of Prestige Design Homes, with $24.5 million in cash and the deed to Cafaro’s nearly 18,000-square-foot estate at 9200 Rockybrook Way in Delray Beach, valued at $26 million, according to public records.
“This was a highly complex transaction, involving two mega trophy real estate properties, cash and numerous moving parts with multiple stakeholders,” said listing agent Senada Adzem, who brokered both deals but declined to discuss the details further.
Both mansions are located less than 1,000 feet apart within Delray Beach’s Stone Creek Ranch, one of the town’s most exclusive gated communities.
The Rockybrook estate Stark received spans 2.5 acres and includes seven bedrooms and ten bathrooms. The developer has already begun significant renovations, and Adzem told CNBC that Stark intends to list the property for sale in the near future.
“They are incorporating exotic materials, bespoke lighting fixtures, and all-new custom furnishings,” she stated. Casa Maranello’s sale price, exceeding $2,400 per square foot, surpasses the previous town record for price per area, previously held by the neighboring megahome, Villa Spectre, which was also designed and built by Stark.
“Aldo Stark is in a league of his own when it comes to visionary architecture, ultra-luxury design, and development,” Adzem said.
The adjacent property, Villa Spectre, mirrors Casa Maranello in size and layout. However, while Casa Maranello draws inspiration from Ferrari, named after the Italian town where the luxury automaker is headquartered, Villa Spectre is designed with a James Bond theme.
Marketing materials for Villa Spectre highlight a car gallery featuring high-end Aston Martins and a Bond-inspired Rolls-Royce Spectre. Before officially hitting the market, the home was sold last month in an off-market transaction.
“The moment the clients stepped inside, they were left speechless,” said Adzem, who also facilitated the sale of Villa Spectre.
Ferrari Inspired Mansion in FloridaPublic records indicate Villa Spectre was sold for $36.8 million. Like Casa Maranello, it was fully furnished, with additional millions paid to Stark for furniture, artwork, alcohol, and a Rolls-Royce from his personal collection.
According to Adzem, the total deal value for Villa Spectre, including its furnishings, was close to $55 million. While Adzem declined to comment on the buyers’ identities in either transaction, records show Villa Spectre was purchased by a trust associated with Barry M. Smith, a retired tech CEO.
Casa Maranello’s nearly 22,000-square-foot architectural design incorporates elements inspired by the Italian automaker, including a fountain at the entrance featuring a bronze prancing horse, reminiscent of Ferrari’s emblem.
“At the end of the day, luxury real estate and exotic cars are more than possessions—they’re statements of passion and success,” Adzem said.
The auto gallery features a walnut chevron-patterned ceiling, grand chandeliers, and space for 12 vehicles. While the property was sold fully furnished, the Ferraris housed in the gallery were not included in the sale, as they belong to the developer’s private collection, according to Adzem.
A miniature red Ferrari—a 75% scale replica of a vintage Ferrari—was displayed in the grand salon. Although the new owners do not have their own Ferrari collection, they paid extra to keep the six-figure miniature car.
The grand salon includes four custom-made Venetian chandeliers, dual large-screen monitors, and back-lit agate coffee tables and consoles.
The home features two expansive primary suites, with one measuring 3,400 square feet, including a 1,300-square-foot sleeping area, a walk-in closet of the same size, and an 800-square-foot stone-clad bath. The en suite bath connects to a private hair salon and massage room.
The kitchen showcases book-matched orobico grigio marble countertops and walls, along with custom cabinetry imported from Spain. A hidden passageway behind a cabinet leads to a private chef’s kitchen.
Casa Maranello’s drinking lounge came fully stocked with premium alcohol. Its 30-foot bar, wrapped in back-lit Brazilian tiger skin onyx, provides seating for 20 guests.
The 18-person dining table and the back wall of the glass wine vault are crafted from Patagonia-Brazilian onyx. The wellness area, inspired by Bulgari hotels, includes an indoor pool, a Himalayan salt room that doubles as a sauna, and a steam room.
A secret passage hidden behind a bookcase leads to the guest wing, featuring four en suite bedrooms, a 14-person cinema, and an additional lounge. The rear of the property wraps around a resort-style 95-foot-long, 90,000-gallon pool with a baja shelf and spa.
