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