Thursday, February 17, 2011

Luxury Real Estate: Real Estate News about Italy's Il Galli, Ivana Trump and Michael Crichton - WSJ.com

Ivana Trump is quietly shopping her oceanfront home in Palm Beach, Fla. for around $24 million, say several brokers.

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Ivana Trump

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The ex-wife of Donald Trump paid $4.4 million for the 0.7-acre property in 1994, according to records. The 1920s home, known as Concha Marina, runs about 18,300 square feet and has eight bedrooms. It's a little over a mile away from Mr. Trump's Mar-a-Lago estate.

Ms. Trump said in a statement that she has no plans to sell and doesn't need to, "but as the American saying goes, 'everything has a price and is for sale.'" She added that the house is a large family house and her children are grown, but that until the time was right to move she would continue to enjoy it.

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