The Real Deal Miami

Rosie O’Donnell buying “Grease” star’s home

Olivia Newton-John put the Jupiter Inlet Colony home up for sale in May
From left, 104 Lighthouse Drive and Rosie O'Donnell

From left, 104 Lighthouse Drive and Rosie O’Donnell

“You’re the one that I want!” Rosie O’Donnell, Rizzo in the Broadway adaptation of “Grease,” has reportedly said about the Palm Beach estate of Olivia Newton-John, who played Sandy in the original 1978 film.

O’Donnell has contracted to buy the Jupiter Inlet Colony home for $5.6 million, half a million below the Australian singer’s asking price, according to Gossip Extra.

It’s an all-cash deal, according to Gossip Extra, who reported that the actress and talk show host is flush with greenbacks after selling a 12-bedroom mansion on Star Island in Miami Beach for $12.6 million in June.

O’Donnell and her wife, Michelle Rounds, were reportedly shopping for a place for Rounds’ mother when they were taken to see the 7,429-square-foot Palm Beach manse at 104 Lighthouse Drive, the web site said.

“They just fell in love with the place,” Gossip Extra quoted an unnamed source as saying. [Gossip Extra] Emily Schmall