Former Pan Am exec sells home in Bear’s Club for $10M

Clousey was also formerly head of a nuclear energy company

Miami /
Feb.February 05, 2020 01:30 PM
Dan A. Colussy and 161 Bears Club Drive

Dan A. Colussy and 161 Bears Club Drive

The former president of Pan American Airways, who was also more recently CEO of a nuclear energy company, sold his estate in Bear’s Club in Jupiter for $10 million.

Dan A. Colussy sold his 14,163-square-foot mansion, known as the ”The Venetian Palazzo,” at 161 Bears Club Drive, to Peter Stone of Westport, Connecticut, records show. The sale equates to $706 per square foot.

From 1985 to 1997, Colussy was president and CEO of UNC Inc., formerly known as the United Nuclear Corp. The company worked on the production of submarine reactors for the U.S. Navy and participated in the U.S. Government nuclear weapons program. Colussy was president and COO of Pan American World Airways until 1980. It was the largest international airline at the time.

Colussy purchased the 2-acre property from the Bear’s Club Development Company for $2 million in 2003. Built in 2008, the house has four bedrooms and six bathrooms.

The property features European hand-painted ceilings, sculpture gardens, a free-form swimming pool and 20 different types of hand-cut marble.

The seller was represented by Chad Carroll of Douglas Elliman and the buyer was represented by Victor Kastil of Mirasol Realty, according to Realtor.com

The Bear’s Club community was founded in 1999 by golfer Jack Nicklaus. It has an 18-hole golf course and a 40,000-square foot clubhouse. The community has about 80 homes, villas and cottages.

A number of celebrities have bought homes at the development, including Michael Jordan and golfer Michelle Wie.


Related Articles

arrow_forward_ios
Mike Odrich and Steven B. Fader with 113 Spinnaker Lane, Jupiter (Google Maps)
Real estate and private equity investor sells waterfront home in Jupiter for $8M
Real estate and private equity investor sells waterfront home in Jupiter for $8M
Johnny Gray and 176 Spyglass Lane in Jupiter (NHRA, Pelican Pix)
Racing team owner sells waterfront Jupiter mansion for $24M
Racing team owner sells waterfront Jupiter mansion for $24M
Value Store It President Carlos Diaz with the two properties (Diaz)
Value Store It buys two Palm Beach County properties for $35M
Value Store It buys two Palm Beach County properties for $35M
Nick Mastroianni II sold the property back to the sellers at a small profit (Google Maps, Nicholas Mastroianni)
Seller’s remorse: Nick Mastroianni returns Jupiter mansion
Seller’s remorse: Nick Mastroianni returns Jupiter mansion
150 Bears Club Drive, Jupiter (Google Maps)
Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
Real estate developer buys Bear’s Club mansion in Jupiter for record $11M
Lance Cawley and 316 West Riverside Drive, Jupiter (Ferrari, Google Maps)
Ferrari racer buys riverfront home in Jupiter for $6M
Ferrari racer buys riverfront home in Jupiter for $6M
Nick Mastroianni II and 19681 Loxahatchee River Road (VHT Studios)
EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
EB-5 chief Nick Mastroianni buys waterfront home in Jupiter
Eric and Lara Trump with 502 Bald Eagle Drive in Jupiter (Getty, Google Maps)
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
Trump town: Eric and Lara buy home near Don Jr. in Jupiter
arrow_forward_ios

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

Loading...