If there was a walk of fame for celebrity real estate transactions, Rosie O’Donnell would have a prominently placed gold star in it. The actress and former talk-show co-host has purchased another home — this time in West Palm Beach, FL.
The vacation-ready manse backs right up to the Intracoastal Waterway, with a guest house and heated pool on 180 feet of waterfront. According to listing agent Steve Davis of Douglas Elliman Real Estate, it’s one of the largest waterfront lots in the area.
“It was subdivided originally but Rosie wanted the entire parcel, so we negotiated that,” he explained.
O’Donnell bought the place furnished for $5.275 million, which Davis says is a steal compared to the other side of the water. “It’s a tremendous value compared to Palm Beach, where a property like this would be in the $20 million range,” he said.
The 6-bedroom home has sold four times in the last 12 years, but the previous owner, an investor, did a massive renovation.
“Rosie fell in love with the house and the location,” Davis said.
He also pointed out how professionally she handled the sale, which isn’t surprising considering O’Donnell is a seasoned Florida buyer. She sold a Sarasota home in February, and owned a Star Island property before that.
The news comes on the heels of O’Donnell’s departure from “The View” earlier this year. It also comes after she reportedly listed her New Jersey estate for nearly $7 million.
Photos by Warren Shih of VHT Studios, courtesy of Steve Davis
Related:
- Great ‘View': Rosie O’Donnell Gets $9M for NYC Penthouse
- Love It, Then List It: Billy Joel, Rosie & More Celeb Moves in South Florida
- More Rosie O’Donnell Real Estate Moves
via Zillow Blog - Real Estate Market Stats, Celebrity Real Estate, and Zillow News http://ift.tt/1hm1XUA
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