The Real Deal Miami

Billionaire pays record $38M for Jupiter Island home

Billionaire John Malone's home has Atlantic and Intracoastal frontage
Jupiter Island mansion and John Malone

Jupiter Island mansion and John Malone

Billionaire John Malone, chairman of Liberty Media, paid a record-breaking $38 million price for a Jupiter Island home with over 500 feet of frontage on both the Intracoastal Waterway and the Atlantic Ocean.

Brokerage firm Englel & Völkers Jupiter handled the privately marketed sale and announced that the sale price was a new record high for a home on Jupiter Island and in Jupiter.

The contemporary main house rests on a natural elevation of 40 feet, the highest point in Jupiter Island, with 506 feet of frontage along the ocean and 513 feet along the Intracoastal. The glass-encased living room is built on a turntable and rotates 360 degrees at the touch of a button.

The property includes a guest house, a putting green, a par-three golf hole, a private boat dock and a 3,144-square-foot beach house, according to a press release.

Engel & Völkers said the previous owner was the late Horst Brandstätter, who was the sole owner of Germany’s largest toy manufacturer, Geobra Brandstätter.