Estate of attorney asks $46M for Palm Beach home amid dispute

The estate faces opposition from the prominent attorney's daughter but listed the home anyway

Miami /
Sep.September 09, 2017 03:00 PM

The estate of deceased attorney Robert Montgomery listed an oceanfront home in Palm Beach for sale for $46 million.

The owner of the house is a trust whose beneficiary is Montgomery’s widow, Mary Montgomery, who is in her 80s.

Montgomery, who died in 2008, was the lead attorney for the state of Florida in a 1997 settlement requiring major cigarette producers to pay $11.3 billion to the state for Medicaid costs for treatment of diseases related to smoking.

The trust that listed the home on South Ocean Boulevard with a $46 million asking price is in a dispute with the Montgomerys’ 53-year-old daughter, Courtnay Montgomery, who lived in the home until spring, when the trustees evicted her.

The trustees filed a petition in April to obtain a court order confirming their right to sell the home. Courtnay Montgomery responded by filing an objection to the petition, claiming that a sale would not serve her mother’s best personal or financial interests, according to her attorney Jennifer Carroll.

The case will be heard in October by a Palm Beach circuit judge, who will rule on whether the trust can sell oceanfront home, Carroll said.

The property includes a main house and a guesthouse with a total of 24,000 square feet of living space. The houses were designed by architect Addison Mizner and built in 1923. The property has seven bedrooms, 11 bathrooms, a half bathroom, two swimming pools and a private dock.

The listing agent is Jim McCann of the Corcoran Group Palm Beach. [Wall Street Journal] Mike Seemuth


Related Articles

arrow_forward_ios
From left: Sotheby’s Daniel de la Vega and Reagan Jefferies with Brevard County
One Sotheby’s picks up Brevard County brokerage
One Sotheby’s picks up Brevard County brokerage
10181 US Highway 98 West and 39 Sandy Dunes Circle (LoopNet)
Florida Panhandle estate sold for $25M
Florida Panhandle estate sold for $25M
Netscape co-founder Jim Clark and 2000 South Ocean Boulevard in Manalapan (Getty, Sotheby's)
Manalapan compound poised to sell for Florida-record $175M
Manalapan compound poised to sell for Florida-record $175M
A photo illustration of the letter unit owners of Champlain Towers South in Surfside sent to the court (Getty Images, iStock)
Surfside collapse unit owners ask court to up their $83M payout
Surfside collapse unit owners ask court to up their $83M payout
Hassan Whiteside and 528 Lakeview Court in Miami Beach (Getty, Joe Azar/Compass)
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
(ONE Sotheby's Realty)
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
Home prices notched record-shattering growth in 2021, but slowdown is likely
Home prices notched record-shattering growth in 2021, but slowdown is likely
Home prices notched record-shattering growth in 2021, but slowdown is likely
6315 11th Ave Gulfport (iStock, Heckler Realty Group, Illustration by Shea Monahan for the Real Deal)
Tampa-area home billed as first in US to be sold as an NFT
Tampa-area home billed as first in US to be sold as an NFT
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...