Thursday, February 7, 2008

Donald Trump and Sotheby's International Realty, Inc. Partner in Exclusive Offering.

Donald Trump and Sotheby's International Realty, Inc.
Partner in Exclusive Offering of Ultra-Luxe Property.

Publication: Business Wire
Sotheby's International Realty is Exclusive Listing Agent for Donald Trump's $125 Million Palm Beach Mansion; Two of the World's Elite Brands Create New Standards in Oceanfront Living



PALM BEACH, Fla. -- A spectacular 80,000 square foot mansion, owned by Donald J. Trump and featuring 475 feet of direct ocean frontage, is the exclusive listing of Sotheby's International Realty, Inc., executives of the luxury real estate brokerage firm announced today.



Sotheby's International Realty said that the mansion, situated on six and a half acres of oceanfront property, lists for $125 million and features a main house, as well as a separate pool pavilion, guest house and carriage house. Mr. Trump purchased the 11 bedroom/12 bathroom residence at auction in 2004, and recently completed a $25 million renovation.



"Everything that is Palm Beach is captured in Mr. Trump's masterful

renovation of this elegant estate. It is absolutely perfect for the owner who

loves to entertain lavishly or intimately, as they may wish, and also serves

beautifully as a family compound," said Cristina Condon, listing agent.

"With a property of this breadth and scope the possibilities are endless."



With an acute attention to detail, highlighted by bathrooms with an acute attention to detail, highlighted by bathrooms with 24-karat gold fixtures, Trump completed renovations on the property earlier this year, which included remodeling of a 4,100 square foot oceanfront conservatory with Chicago Old Brick flooring framed by an oak inlay. The home also features blonde and brown onyx and noir and vert granite floors throughout. The renovations for the residence, originally built in 1990, were completed by noted Palm Beach architect Gene Lawrence.



Other features of the European-Regency style house include 20 foot ceilings, a ballroom, media room, formal art gallery, 100' x 40' pool, and parking for 40 cars, an essential for hosting opulent parties. Multiple skylights inundate the home with natural light, and an enormous full basement matches the footprint of the home offering endless possibilities for housing unique collections.



"This is perhaps the finest property of its kind anywhere in the world and most importantly, it is in Palm Beach, the finest community," Mr. Trump said.


Ultra private 7-acre residence on almost 500’ direct ocean frontage. Beautifully restored 62,000± sq. ft. Regency-style mansion with sweeping ocean views and vast emerald lawns. Heralded by a majestic motor court with a fountain, impressive entertaining spaces are dramatized by soaring ceilings and massive sun-drenched skylights, also featuring a grand ballroom, formal art gallery, ocean-side loggia and stunning 100' long pool. Climate-controlled full basement for a connoisseur’s collections. Unmatched scope and endless possibilities in an extraordinary compound offering a magnificent Master Suite, 6 Guest Suites, staff Quarters, complimented by 3 additional structures including 2 bedroom Poolside Retreat, 2 bedroom Guest House and 4 bedroom vintage Coach House.



About Sotheby's International Realty, Inc:

Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house and represents fine properties at a range of price points.



Today, Sotheby's International Realty, Inc. operates brokerage offices in key metropolitan and resort markets, including London; Manhattan; the Hamptons; Westchester County, Greenwich, Conn.; Litchfield County, Conn.; Cape Cod; Palm Beach, Fla.; Southern California; San Francisco; Sonoma; Monterey Peninsula; Sun Valley, Idaho; Santa Fe, New Mexico and Jackson Hole, Wyo.



Sotheby's International Realty, Inc. (http://www.siroffices.com/) is part of NRT Incorporated, the nation's largest residential real estate brokerage company. NRT, a subsidiary of Realogy Corporation (NYSE: H), operates Realogy's company-owned real estate brokerage offices.

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