Freedom Mortgage founder and CEO Stanley Middleman and his wife, Roslyn, have listed their Ocean Ridge estate for nearly $60 million, more than three times the roughly $20 million they paid for it in 2018.
Middleman founded Freedom Mortgage in 1990 and remains its CEO. The family-owned company has since grown into one of the nation’s largest mortgage lenders and servicers.
SUBSCRIBE TO THE HAVEN MAILING LIST
Curated homes, market intelligence and design stories — a few emails a month.
No spam. Unsubscribe any time.
Located on about 1.5 acres in Ocean Ridge’s Estate Section, the property has roughly 160 feet of direct ocean frontage. The five-bedroom residence spans more than 10,500 square feet and was completed in 2017, with an elevated site that presents vast water views.
The home was created by a South Florida design team that included Mark Timothy, Affiniti Architects and Marc-Michaels Interior Design. Walls of Nano glass are among its more distinctive features, along with a club room with a bar and fireplace.
More recent work has included a new seawall and an oceanfront tiki hut. The property also has a heated pool and spa, terraces, balconies, and an outdoor kitchen, and is being offered fully furnished.
Ocean Ridge is a small barrier-island community in Palm Beach County, located between the ocean and Intracoastal Waterway. Primarily residential, the town sits just east of Boynton Beach and south of Manalapan.
The home is listed by Nicholas Malinosky and Michael O’Connor of The Exclusive Group at Douglas Elliman.
