Tommy Hilfiger drops $21M for waterfront Palm Beach home

Donald Dizney sold the house for just $500K under ask

Miami /
Jun.June 09, 2021 02:45 PM
Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)

Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)

If previous renovations of their properties are any indication, fashion icon Tommy Hilfiger and his handbag designer wife Dee Ocleppo Hilfiger will likely bring new life to their latest buy in Palm Beach.

The couple paid $21 million for another home on the ritzy island, weeks after selling their Golden Beach mansion.

The Hilfigers purchased the waterfront home at 313 Dunbar Road, property records show. Donald and Irene Dizney sold the three-bedroom, 5,047-square-foot house to the couple.

The Hilfigers bought the home via Villa Deniz LLC, managed by Michael Thomas Frost. The entity financed the purchase with a $14.7 million loan from JPMorgan Chase Bank.

The seller, Donald Dizney, is board chairman of United Medical Corporation. The Dizneys paid $4 million for the 0.3-acre property in 2013.

Built in 2006, the Mediterranean-style home features a lakeside pool and putting green, columned courtyard and a concrete dock on the Intracoastal Waterway. It hit the market in December for $21.5 million.

Christian Angle with Christian Angle Real Estate represented both the Dizneys and the Hilfigers in the deal, according to Realtor.com.

The Hilfigers recently sold their oceanfront Golden Beach estate for $24 million to real estate investor and author Grant Cardone.

In March, the Hilfigers purchased a smaller home in Palm Beach for $9 million. They sold their Greenwich estate in January for $45 million.

Big ticket sales have become the norm in Palm Beach. Last month, punch time clock heir Edward G. Watkins sold his oceanfront Palm Beach estate for $95 million, marking the second most expensive sale this year on the island, after the $123 million sale of 535 North County Road to Tiger Global Management co-founder Scott Shleifer.





    Related Articles

    arrow_forward_ios
    From left: Milos Raonic, Venus Williams, Serena Williams and Novak Djokovic (Credit: Getty Images)
    Luxury real estate anyone? US Open stars and their palatial pads
    Luxury real estate anyone? US Open stars and their palatial pads
    Lena Dunham and 60 Broadway (Credit: Getty Images)
    Lena Dunham’s “massive real estate mistake”
    Lena Dunham’s “massive real estate mistake”
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    All Falls Down: Kanye West’s “Star Wars”-themed affordable housing plan hits snag
    Robert Redford and the Utah ranch (Photos via Getty, UTAH REAL ESTATE / Windermere Real Estate-Utah / Jaisa Bishop)
    One of Robert Redford’s Utah ranches hits market
    One of Robert Redford’s Utah ranches hits market
    Novak Djokovic with the unit (Eighty Seven Park unit photo via Lenny Kagan, Djokovic via Getty)
    Novak Djokovic sells Miami Beach condo for modest profit
    Novak Djokovic sells Miami Beach condo for modest profit
     Adam Neumann (Getty, Bal Harbour Florida)
    Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
    Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
    40 Meadow Lane, Southampton
    New Hamptons sales and listings promise ocean views… and eternal life
    New Hamptons sales and listings promise ocean views… and eternal life
    Daniel Humm and 40 Fifth Avenue (Getty, Google Maps)
    Chef Daniel Humm scoops Greenwich Village co-op from Chipotle founder
    Chef Daniel Humm scoops Greenwich Village co-op from Chipotle founder
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...