Corcoran Group Real Estate: Live Who You Are
Quick Search
 
Search By Map
Login
 
Corcoran Group Real Estate: Live Who You Are
 
Corcoran Group Real Estate, Homes For SaleCorcoran Group Open HousesCorcoran Sunshine New DevelopmentsCorcoran Group Property ValuesCorcoran Group Real Estate AgentsCorcoran Group NeighborhoodsCorcoran Group Relocation ServicesCorcoran Press & Real Estate NewsGuides & ReportsAbout The Corcoran Group
 
Corcoran Real Estate Guides & Reports
Mortgage Calculator

Most Viewed Properties Now

Most Viewed Rentals Now

Most Viewed Open Houses Now

Most Viewed New Developments Now

Most Viewed By Neighborhood

The Corcoran Report

Manhattan 4th Quarter 2009

Manhattan 3rd Quarter 2009

Manhattan 2nd Quarter 2009

Manhattan 1st Quarter 2009

Brooklyn 4th Quarter 2009

Brooklyn 3rd Quarter 2009

Brooklyn 2nd Quarter 2009

Brooklyn 1st Quarter 2009

East End 4th Quarter 2009

East End 3rd Quarter 2009

East End 2nd Quarter 2009

East End 1st Quarter 2009

South Florida Mid-Year 2009

Consumer Report

Publications

Properties on Google Earth

Sell Your Home

Buyers Resources

NYC Renter Resources

Real Estate Glossary


Paulette Koch
View Biography

 

 

 

$70M Home Ron
The New York Post - 10/29/2004
Author: BRADEN KEIL

October 29, 2004 -- Cosmetics mogul Ron Perelman is putting on a happy face after selling his oceanfront mansion in Palm Beach for $70 million — the highest price ever paid for a home in the United States.

The Manhattan-based multibillionaire husband of actress Ellen Barkin has just closed on the contract to sell the couple's sublime 6-acre landmarked estate on South Ocean Boulevard to Virginia developer Dwight Schar, a part owner of the Washington Redskins football team.

While there have been higher asking prices in the country, including a $75 million property in the Hamptons, the sale officially eclipses the current Florida sales record of $30.5 million by more than double and skyrockets past the national benchmark price of just over $50 million for a Lake Tahoe, Nev., property. Perelman spokeswoman Christine Taylor would only confirm the sale took place.

"That's just amazing," said Geoffrey Thomas, a Palm Beach broker with Douglas Elliman. "But it proves that buying property in Palm Beach County continues to be a brilliant investment, even after two devastating hurricanes."

The melon-hued mansion — called Casa Apava — and other buildings on the property comprise approximately 33,000 square feet and include a movie theater, an oversized outdoor pool, pool house, multiple guest houses, a cutting-edge gym and spa, boat dock, and walk-in humidor for his priceless cigar collection. The area, known as Billionaire's Row, is also home to Netscape founder Jim Clark, Tampa Bay Buccaneers owner Malcomb Glazier, clothing magnate Sidney Kimmel and Sotheby's owner Alfred Taubman.

"It's a major wow property with Old World elegance and a lot of presence," said Paulette Koch of the Corcoran Group's Palm Beach office.

Perelman bought the digs in 1994 reportedly for $15 million, then a record price paid for a Florida home.

Schar, 61, the CEO of NVR — along with FedEx founder Frederick Smith and Florida insurance tycoon Robert Rothman — bought one-fifth of the Redskins for $200 million last year from owner Daniel Snyder

top



            
125 Willoughby Avenue, Fort Greene Real Estate   Sold
  6 Rooms
   Bedrooms
   Bathrooms
  3,600 Sq.Ft
125 Willoughby Avenue
Fort Greene
            
238 Wyckoff Street, Boerum Hill Real Estate   Sold
  7 Rooms
   Bedrooms
   Bathrooms
  2,736 Sq.Ft
238 Wyckoff Street
Boerum Hill
            
108 Wooster Street, SoHo/Nolita Real Estate   Sold
  3 Rooms
  1 Bedrooms
  1 Bathrooms
  1,200 Sq.Ft
108 Wooster Street
SoHo/Nolita
            
315 West 86th Street, Upper West Side Real Estate   Sold
  3 Rooms
  1 Bedrooms
  1 Bathrooms
  850 Sq.Ft
315 West 86th Street
Upper West Side
            
45 State Street, Brooklyn Heights Real Estate   Sold
  10 Rooms
   Bedrooms
   Bathrooms
  3,420 Sq.Ft
45 State Street
Brooklyn Heights
            
325 West 52nd Street, Clinton Real Estate   $2,489,000
  8 Rooms
  3 Bedrooms
  4 Bathrooms
  2,975 Sq.Ft
325 West 52nd Street
Clinton

See All Your Recently Viewed Properties