Howard Stern buys $40M Palm Beach mansion

Howard Stern
Howard Stern

Shock jock Howard Stern has purchased an oceanfront home appraised at $40.8 million on “Raiders Row” in Palm Beach, according to Gossip Extra.

North County Road, nicknamed for the high number of corporate tycoons living there, is home to talk-radio king Rush Limbaugh and Nelson Peltz, the billionaire founder of Trian Fund Management.

The sellers are New Hampshire textile mogul Martin Trust and his wife, Diane, the blog reported.

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The Trusts purchased the house in 1986 for $4.6 million, Gossip Extra said, citing property records. Floor plans show 12.5 bathrooms, an elevator and a manicured croquet lawn.

Stern’s wife, former model Beth Ostrofsky, fell in love with the 19,800-square-foot manse when she traveled to Palm Beach to look at several properties earlier this year.

Stern confirmed on his show a previous Gossip Extra report that said he was property shopping in Florida, but denied it was to escape New York’s high income tax. [Gossip Extra]Emily Schmall