After an eight-month off-market search, the widow of late conservative radio star, Rush Limbaugh , sold their long-time beachfront residence for $155 million.
This Sale Is Record For Palm Beach Region
According to the Wall Street Journal , this is a record for the Palm Beach region, which has witnessed many significant sales in recent years. We are happy for Kathryn that she finally got a good deal.
Ken Griffin Made The Last Record
Hedge investor Ken Griffin spent $129.6 million for four plots in the neighborhood in 2013, setting the most recent record — until today.
Lauder Purchased Mansion For $155 Million
The 2.7-acre beachfront property has been surreptitiously shopped off the market for the previous eight months. According to People, billionaire William Lauder purchased Rush Limbaugh’s longstanding Palm Beach mansion for a record $155 million.
Mr. Lauder Bought Two Properties
Mr. Lauder is the CEO of the Estée Lauder Company. For a total of $200 million, he recently listed two properties in Palm Beach with around 360 feet of beach frontage.
Lauder Bough Different Properties
According to documents, he paid just about $25.4 million for a plot of land of about 1 acre at one of the properties in 2020. In 2021, he paid an unknown sum for the second property, which measures roughly 1.8 acres. The homes on both lots were destroyed.
Beachfront Property’s Residences
According to public documents, the beachfront property comprises three residences ——- 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road.
Property’s Beach Access
It offers approximately 250 feet of ocean frontage and direct beach access.
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Limbaugh’s Property Area
According to documents, the property consists of a 16,600-square-foot home, a 2,900-square-foot house, and a 2,200-square-foot house. It has 12 baths and 13 bedrooms in total.
Rooms in the Property
There are also four more guest homes, a guard station, 250 feet of coastline, and a two-story library that is a scaled-down facsimile of the library at the Biltmore Estate in North Carolina. There is a pool, and a putting green included as well.
Limbaugh Buying Rate
According to public records, Mr. Limbaugh, a Republican talk-radio legend who died in 2021, paid $3.9 million for the property in 1998. At that time, Limbaugh was married to Marta Fitzgerald, his third wife.
Limbaugh’s Last Marriage
His fourth and last wife, Kathryn, met Limbaugh in 2004.
Rush Decorated The House Himself
Zev Chafets’ 2010 biography of Limbaugh, An Army of One, describes how the conservative star essentially decorated the home himself.
The Mansion Has Everything
In his words, ‘It reflects the things and places he has seen and admired,’ Chafets wrote. He noted that the home included a sizable salon designed to evoke Versailles and that the dining room’s imposing chandelier duplicated the Plaza Hotel in New York.
According To Chafets’ Book
The main house features seven bedrooms, twelve bathrooms, and a two-story library modeled after the Biltmore House in North Carolina, which included wood-painted walls and “cherubs dancing on the ceiling,” according to Chafets’ book. The library has an elevator as well.
Buyers Like Modern Designs
The home may be deemed a teardown because today’s purchasers favor more modern designs, although it is unclear if it has been upgraded since the book was published.
Limbaugh Had Cancer
Rush had Stage IV advanced lung cancer back in February 2020. He held his final radio program on February 2 and mentioned that another presenter was on call in case his condition worsened.
Limbaugh’s Death
In February 2021, the radio host died at home. He has been battling lung cancer for a while.
Limbaugh’s Wife Made An Announcement
On February 17, 2021, Rush’s wife made unexpected news to his radio listeners.
“I know that I am most certainly not the Limbaugh that you tuned in to listen to today. Like you, I wish Rush was behind this golden microphone right now, welcoming you to another exceptional three hours of broadcasting.”
Limbaugh’s Wife Appreciates Loyal Audience
She continued, “For over 32 years, Rush has cherished you, a loyal audience, and always looked forward to every show. I must share with you directly with profound sadness that our beloved Rush, my wonderful husband, passed away this morning due to complications from lung cancer.”