The Real Deal Miami

Dr. Oz pays $18M for Palm Beach estate

Mortgage documents revealed identity of buyer

October 05, 2015 10:35AM

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The Louwana estate in Palm Beach and Dr. Mehmet Oz (Credit: Michael Wuertenberg)

The Louwana estate in Palm Beach and Dr. Mehmet Oz (Credit: Michael Wuertenberg)

Famed television personality Dr. Oz was the buyer of an $18 million waterfront mansion in Palm Beach that sold last week.

The home is a landmarked estate that was built in 1919. It’s also known as Louwana — an all-white oceanfront estate that was designed by noted architect Addison Mizner. Last week, a deed filed in Palm Beach County transferred ownership from Cristina de Heeren Noble, whose family has owned the estate since it was built, to the Louwana Trust.

Mortgage documents later revealed that the trust was operated by Lisa Oz, the wife of Dr. Mehmet Oz, the Palm Beach Daily News first reported. The two have been long-time visitors of Palm Beach.

Dr. Oz is known for his eponymous television series “The Dr. Oz Show,” where he dispenses lifestyle and health advice.

Louwana is located on a 1.5-acre lot at 473 North County Road. It’s one of roughly 40 homes designed by Mizner that still stand today. Almost all of its rooms have ocean views, and original details like its cypress ceilings and blue tiling have survived the 96 years since it was first built, according to the Palm Beach Daily News. [Palm Beach Daily News] – Sean Stewart-Muniz

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