Kluge oceanfront enclave listed for sale at $59 million


By Darrell Hofheinz

Daily News Real Estate Writer

Casa Sin Nombre, the oceanfront enclave once owned by the late billionaire
John Kluge, has been put up for sale at $59 million — the highest listed
price tag of any property on the market in Palm Beach.

The property at 89 Middle Road has been co-listed for its owner, Columbia
University, by two Palm Beach real estate agencies — an unusual but not
unique arrangement for a significant property, according to local real
estate sources.

Carol Digges and Carole Hogan of Brown Harris Stevens and Paulette Koch and
Dana Koch of Corcoran Group are the listing agents. Christie’s International
Real Estate, with which Brown Harris Stevens is affiliated, will provide
“global marketing services,” according to a statement released by the
companies involved.

“With the property’s size and condition, it’s a very fair price,” Digges said,
adding that the agencies acquired the listing about a week ago. “We did
extensive comparisons with other properties.”

Kluge, once ranked by Forbes as one of the world’s wealthiest people,
willed the Estate Section property to Columbia University, his alma mater,
in 2007. He died in September 2010 at 95.

With a little more than 4 acres, the exotically landscaped property consists
of five contingent parcels that Kluge acquired in 1995 for his estate. A
centerpiece is the renovated-and-expanded 1935 garden house, measuring
12,000 square feet, that Kluge used as his residence. The house was designed
by society architect Marion Sims Wyeth.

But the property also contains a 6,000-square-foot, Mediterranean-style house
designed in 1921 by society architect Addison Mizner and subsequently
renovated by Wyeth. There also are three other buildings that are suitable
accommodating household staff or houseguests. In all, there’s more than
21,500 square feet of living space inside and out.

Kluge bought and served as CEO of Metromedia, selling off its television
stations and cellular telephone licenses. He amassed a fortune with
businesses that included lawn mowers, film rights, restaurants, radio
stations, the New York Red Bulls soccer team, the Harlem Globetrotters and
the Ice Capades.

During his 30 years in Palm Beach, he owned a variety of oceanfront
properties, including the remarkable estate on Middle Road at El Bravo Way
between the Atlantic Ocean and South County Road. The property is opposite
of the southeast corner of the Everglades Golf Course.

Proceeds from the sale will benefit student scholarships at Columbia, the
statement said.

So far, Digges said, she had fielded one inquiry about the property. Brochures
and other marketing materials are in the process of being produced, she
added.

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