The sale marks a new record for lakefront properties in Palm Beach. Developer Todd Michael Glaser renovated and expanded the estate, at one point marketing it for more than $200 million. Continue reading
The estate sits alone on its own 2.3-acre man-made island, and went into contract on Monday. The negotiated price and the buyer’s identity are still unknown. Continue reading
The move by Ellison comes a little over one year after purchasing the property for $80 million, and about two months after purchasing a separate $173 million estate in nearby Manalapan from tech entrepreneur Jim Clark. Continue reading
Palm Beach, Malibu and the Hamptons drew luxury homebuyers seeking more tranquil post-pandemic lifestyles, according to an Inman analysis of the top 10 beach transactions since October 2021. Continue reading