The Real Deal Miami

Donna Karan lists Caribbean estate for $39 million

Seven-acre property located on resort island called Parrot Cay
October 27, 2014 10:30AM

From left, Donna Karan, part of her Caribbean compound

From left, Donna Karan, part of her Caribbean compound

Designer Donna Karan has put a portion of her massive Caribbean compound up for sale for a staggering $39 million.

The seven-acre property located on a resort island called Parrot Cay has two four-bedroom guest villas flanking an informal dining area, each with a second-floor master bedroom, three en-suite bedrooms and an infinity pool. Both homes were designed by Singaporean architect Cheong Yew Kuan and have cedar and coral stone walls, European walnut floors, teak furniture and works of art from Bali and Africa.

“This is a property with unmistakable global appeal — an ultra-luxury hideaway with unique character and the most desirable of attributes,” Rick Moeser of Christie’s International Real Estate, whose affiliate Regency is listing the property, told the Daily News. “Given its size, scope and enviable privacy, this resort-style compound is certainly a rarity.”

Karan vacations regularly on the island. She will retain ownership of three additional acres on Parrot Cay. [NYDN] —TRD