Inspite of failing to sell last year, Donald Trump’s 10,000 sq-ft Palm beach mansion has hit the market again with a $10 million price hike.

via - Google Maps

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.

via – Google Maps

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.

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The villa is across the street from Mar a Lago.

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.

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[Via: New York Post]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.