Contingent AF Exclusive: Controversial Developer Aldo Stark Successfully Flips Stone Creek Ranch Mansion for $45M in Palm Beach County
Developer Aldo Stark's Stone Creek Ranch mansion was the top luxury property to go under contract last week in Palm Beach County, selling for $45 million after only 72 days on the market.
Controversial developer Aldo Stark has made headlines once again, this time for successfully flipping his Stone Creek Ranch mansion for a whopping $45 million in Palm Beach County. According to a market report from Douglas Elliman's Eklund-Gomes team, the luxury property was the top contract signed last week in the county.
The report also revealed that 11 luxury properties were signed under contract in Palm Beach County between September 15th and 21st, totaling $103.9 million in asking dollar volume. This is a significant increase from the previous week, which only saw $53.6 million in asking dollar volume for 11 homes.
Stark's Stone Creek Ranch mansion was only on the market for 72 days before being sold, making it a quick and profitable flip for the developer. This news comes as no surprise to industry insiders, as Stark has a reputation for successfully navigating the luxury real estate market in Palm Beach County.
When asked about the sale, Stark simply stated, "I'm always looking for new opportunities and I'm glad to see this one paid off." While some may question the ethics of flipping a property for such a high profit margin, others see it as a savvy business move by the developer.
Originally reported by The Real Deal.
https://therealdeal.com/miami/2025/09/23/aldo-stark-finds-buyer-for-45m-stone-creek-ranch-mansion/