Last year, Palm Beach residents were vexing over former President Donald Trump’s move to his Mar-a-Lago resort from Manhattan. A sure-shot way of preventing that was buying the $49 million Palm Beach mansion opposite the Mar-a-Lago resort. The property was never sold; in fact, it was taken off the market in only two months. Coming back to March 2022, the oceanfront house has hit the market again for a whopping $59 million, $10 million costlier, according to Mansion Global. The spectacular residence called ‘Beachhouse’ spread across 10,455 square feet and was first bought by Maryanne in 2004 for $11.5 million.
Maryanne Trump Barry, a retired federal appeals judge and the sister of the former President, sold the home in May 2018 for a discounted $18.5 million to an entity managed by her nephews, Donald Trump Jr. and Eric Trump. Property records show the two-story home was built in 1956 with 194 feet of beachfront and 8,269 square feet of air-conditioned space. The Bermuda-style home includes eight bedrooms, eight bathrooms, and three half-bathrooms. The interior layout offers an entertaining open space with a formal living room, sunroom, family room, library, and wet bar.
At the time of the deal in 2018, Eric Trump told Mansion Global in a statement that it was “a great honor to have purchased one of the finest mansions in Palm Beach.” The Trump siblings brandished the family property with top-of-the-line renovations and finally put the place on the rental market for $100,000 a month. The posh Palm Beach locality houses many well-known residents like tech billionaire Larry Ellison, Sylvester Stallone, and sometimes, the Trumps. A few months ago, another one-of-a-kind island estate in Florida’s mansion-laden Palm Beach became the most expensive listing in the US with an asking price of a whopping $290 million.
[Via: New York Post]