Connecticut restaurateur mortgages Palm Beach mega-manse

Owner is also former oil trader

Aug.August 05, 2015 01:30 PM

The owner of a sprawling beachfront mansion in Palm Beach just refinanced her home-away-from-home with a $10 million loan.

The manse has over 11,000 square feet of interior space, plus another 5,494 square feet of outdoor space that includes loggias with water views, a large pool deck, and a motorcourt with its own fountain that leads to the 1,000-square-foot garage.

It commands almost two acres of prime residential real estate. Located at 100 Emerald Beach Way, it sits on a small cul de sac that stems from South Ocean Boulevard, and has its own stretch of private beach.

Information about the home’s interiors are scarce, as it has not been on the market since it was last sold to its current owner in 2002. That sale was for a whopping $17.5 million, paid by Northeasterner Lamia Jacobs.

Jacobs is the founder of Sugar & Plumm — a chain of bistros that are half candy store, half restaurant that has three locations in New York and New Jersey.

She was reportedly a former oil trader before moving to the United States from France, but decided to enter the restaurant business when she found there was no place she and her children could eat together, according to an article from Paramus Patch.

Her concept is whimsical — Sugar & Plumm is part confectionary, part chocolatier, and part bistro that focuses on savory dishes to counteract the sweet. Its color scheme is soft and creamy, like the ice cream it serves, and the interiors are styled as brightly lit food parlors.

Jacobs’ address in Palm Beach County property records leads back to an impressive mansion in Greenwich, Connecticut. Compared to that eight-acre estate, this Palm Beach retreat is considerably smaller.

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