M
ark Wahlberg stunned the market in October when he snapped up a Delray Beach, Florida mansion for $37 million, furniture included. The property, which spans roughly 18,000 sq ft, had been on the market four times since 2020. Its first sale that year fetched $17 million, so the price jumped 118 percent in just a few years—far outpacing Delray Beach’s overall 78 percent rise and eclipsing gains in other luxury hubs: the Hamptons climbed 44 percent, Manhattan only 4.5 percent, according to Douglas Elliman data.

    The estate, known as Palazzo di Lago, sits in the exclusive gated Stone Creek Ranch community, home to about 40 homes. New‑construction sales in the enclave have driven record prices, creating a “micro‑market” that attracts high‑net‑worth buyers. Billionaire Steve Cohen, Mets owner, lives nearby, and the area also hosts former NFL stars, Fortune 500 CEOs, and pop icons. Buyers often consider who else owns in the neighborhood, a factor Senada Adzem of Douglas Elliman notes is crucial.

    Since 2020, the property’s value has surged. In 2023, it sold for $26 million—a 53 percent increase—then underwent a major renovation and was relisted for $45 million two months later. Wahlberg’s purchase in 2025 made him the fifth owner in six years. The home’s dramatic price rise reflects broader Florida trends: affluent buyers are moving out of high‑tax states to take advantage of the Sunshine State’s favorable tax climate.

    The mansion’s recent renovation added luxury design throughout, a grand pool, and other high‑end features that justify its steep price tag. With Wahlberg’s arrival, the trend of celebrities and billionaires clustering in Stone Creek Ranch is likely to continue, reinforcing the community’s status as a magnet for the wealthy.