In a recent real estate portfolio shakeup, rocker Jon Bon Jovi spent $43 million on a waterfront estate in the upscale Palm Beach, Florida, neighborhood.
Mr. Bon Jovi, 58, purchased the multimillion-dollar mansion on Friday, the same day he sold another property in nearby Palm Beach for $20 million. Property records show Mr. Bon Jovi used the same entity for both transactions.
Built in 2007, the Mediterranean-style home spans more than 10,000 square feet. According to the listing with Christian Angle of Christian Angle Real Estate, the home features “rich finishes, beautiful marble and hardwood floors, stunning cedar vaulted ceiling details, and intricate woodwork throughout.” Angle did not immediately respond to a request for comment.
Listing records show the seven-bedroom home has been on the market since January for $44.9 million.
Along with lavish finishes, the property boasts high-end amenities, including a gym, a temperature-controlled wine cellar, two elevators, two oceanfront loggias, an in-ground pool and cabana, and a spacious master bedroom with a sitting room, walk-in closet and private balcony.
The property the star is selling — less than three miles from the one he recently purchased — was recently completed and features oak and limestone floors, an elevator, a library and ocean views from almost every room.
The “Livin’ On A Prayer” singer, who could not be reached for comment, is also looking to part with a waterfront estate in his native New Jersey. The $20 million mansion, inspired by a French chateau, has its own bistro, loft-style recording studio, movie theater and heated pool with cabanas.