Priced at what can now be deemed a relatively negligible US$52 million this off-market purchase is beyond tasteful.
By Garry Lu
While the ink dries on cosmetic giant Estée Lauder’s US$2.8 billion (AU$3.9 billion) acquisition of his eponymous brand, Tom Ford has decided to expand his real estate portfolio with a sumptuous Palm Beach mansion. You know… as a treat.
Priced at what can now be deemed a relatively negligible US$52 million (AU$72.4 million) – at least in the context of his revised net worth – true to the designer’s reputation, this off-market purchase is beyond tasteful. Prior to Ford, it was the not-so-humble abode of private equity power player Rob Heyvaert of Motive Partners fame, who reportedly paid US$15 million (AU$21.3 million) less back in August 2021.
Meticulously crafted by Daniel Kahan (Smith & Moore Architects) with interiors accomplished by the renowned Penelope Irwin (Irwin Interiors), the uber-contemporary compound you see before you is situated on 0.96 acres of prime Floridian land and offers 10,175 square feet of living space spread across a single-storey structure (main house + detached guest house).
Aside from the five bedrooms, seven bathrooms, high ceilings, bleached oak floors, as well as the “banks” of steel-framed French doors that apparently spill out onto the gardens and open-air courtyard, according to Dirt, here you’ll find the following:
- Glassy front doors that lead to a gallery-style entry hall
- Spa.cious living room that flows to the aforementioned courtyard
- Dining room
- Library
- Music room
- Office
- Poolside family room connected to a casual dining area & kitchen
- Mario Nievera-landscaped grounds spotlighted by a lap pool & entertainment deck
There are also eco-friendly features such as 230 “virtually hidden” solar panels flanked by flush strips of grass specifically designed to absorb heat, alongside fresh-air ventilation, water-collection, plus water-purification systems. Because sustainability is the new sexy.
The views expressed in this article are the author’s own and do not necessarily reflect Coverpage’s editorial stance
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