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In 2019, Maier and Preston received the Robert I. Ballinger Award for their complete restoration of the Palm Beach property. He bought it for $24 million. Fashion designer Tomas Maier and his husband, businessman Andrew Preston sold the renovated mansion at 102 Jungle Road for $72.9 million, property records show. 32 Showhouse Design Trends That Will Help You Up 2022 Warner Bros. During his tenure at Bottega Veneta, which ended in 2018, the luxury brand opened flagship stores in London, Paris, Milan and New York City, and as head designer, Maier was responsible for designing the brands signature leather accessories, according to a 2010 profile in the New Yorker. Luxury home sales in Palm Beach have skyrocketed throughout the pandemic. For full functionality of this site it is necessary to enable JavaScript. Maier bought the house from Trump, the first ex-wife of former President Donald Trump, in 2014 for $16.6 million. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. But opting out of some of these cookies may have an effect on your browsing experience. South Ocean Boulevard separates the property from the ocean. These cookies do not store any personal information. We are having some technical difficulties. The most recent buyer lists the Boca Raton address of a commercial building owned by Boca Gallery Properties, a Toronto-based entity managed by developer Rob Montemarano. Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. Recent deals include auto dealership magnate Terry Taylors $7.5 million purchase of a gut-renovated oceanfront condo and billionaire David Duke Reyes $21 million sale of his home on Chilean Avenue. Tour Ivana Trump's Palm Beach Mansion for Sale, 14 Low-Maintenance Plants for Easy Landscaping, Tour the Exterior of HGTV Smart Home 2022 After Construction, 10 Tips for Maintaining a Wood-Burning Fireplace, The Great Giveback With Melissa McCarthy and Jenna Perusich, HGTV Ultimate House Hunt + $10K Sweepstakes, The Future of Hugh Hefner's Playboy Mansion, Tour Al Capone's Former Pool House on Palm Island. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. South Florida resi sales plunge, prices climb in second quarter, South Floridas June resi sales drop by double digits, Double scoop: Extra Space Storage drops $29M for two West Palm Beach complexes, Ritz-Carlton to brand Catalfumos Palm Beach Gardens luxury condo project, Controversial soccer club owner Massimo Cellino sells waterfront Key Biscayne mansion for $15M, Developers pay $41.5M for bayfront condo towers dev site in West Palm Beach, Marc Anthony among buyers at Zaha Hadid-designed One Thousand Museum, Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year. The property at 102 Jungle Road with Ivana Trump and Tomas Maier (Google Maps, Getty, Wikipedia). Maier was hired by Tom Ford to be creative director at the Italian leather goods house Bottega Veneta in 2001.
Please Allow Javascript and reload this page. REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. Last month, billionaire Steve Wynn flipped his home for $32 million after owning it for less than a year. Baloobeach financed the purchase with a $51 million loan from JPMorgan Chase.
Baloobeach, a Delaware LLC, purchased the property. Located at 102 Jungle Road, Ivana Trump is selling the Palm Beach estate she bought for $4.4 million in 1994, two years after her divorce from Donald Trump. All rights reserved 2022 The Real Deal is a registered Trademark of Korangy Publishing Inc. Javascript is disabled in your web browser. Try again later. We also use third-party cookies that help us analyze and understand how you use this website. The house has undergone expansions and renovations over the years by notable architects, including Maurice Fatio. This category only includes cookies that ensures basic functionalities and security features of the website. Addison Mizner, the architectural godfather of Palm Beach, built the Moorish-style mansion in 1921 for himself and named it Concha Marina. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. These cookies will be stored in your browser only with your consent. Maier and Preston sold their Gulf Stream home for $9.5 million in 2018. Necessary cookies are absolutely essential for the website to function properly. This stunning oceanfront estate can be yours for $18.9 million. Spanning nearly 14,500 square feet, the mansion features nine bedrooms and nine bathrooms. It was built in 1926 on a 0.76-acre lot, and includes oceanfront land across the street. Ivana Trump purchased the estate two years after her divorce was finalized in 1992, records show. All rights reserved. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. By clicking Subscribe you agree to our Privacy Policy. Richard Sammons was the architect for the restoration, and Addison Mizner was the original architect. Ivana Trumps former Palm Beach home is in new hands. The 12,352-square-foot Palm Beach estate has nine bedrooms, nine bathrooms and one-half bathroom. In 1922, New York broker George Sloane and his wife, Detroit auto heiress Isabel Dodge Sloane, bought the house from architect Addison Mizner. Lawrence Moens of Lawrence A. Moens Associates brokered the off-market sale, according to the Palm Beach Daily News.