Kennedy family’s former “Winter White House” sells for $70M

The estate was used by the Kennedy family as a winter retreat

Miami /
Jun.June 19, 2020 11:55 AM
John F. Kennedy and 1095 North Ocean Boulevard (Credit: Bachrach/Getty Images and Google Maps)

John F. Kennedy and 1095 North Ocean Boulevard (Credit: Bachrach/Getty Images and Google Maps)

The Kennedy family’s former Palm Beach compound, where President John F. Kennedy worked on his 1961 inaugural address, sold for $70 million.

Jane Goldman, a prominent New York City landlord, sold the 11,334-square-foot oceanfront estate at 1095 North Ocean Boulevard to a trust managed by West Palm Beach attorney Maura Ziska, property records show.

The late Joseph P. Kennedy Sr., a former U.S. ambassador to the United Kingdom and father of John F. Kennedy, Robert F. Kennedy and Ted Kennedy, purchased the estate in 1933. The Kennedy family used the property as a winter vacation home.

Goldman, who runs Solil Management, bought the property from John Castle for $31 million in 2015. Castle purchased the estate from the Kennedys in 1995 for $4.92 million, records show.

Goldman completed an extensive renovation of the Mediterranean-style estate, hiring design firm Pembrooke & Ives to renovate the interiors, according to Architectural Digest. The property, built in 1925 and designed by famed architect Addison Mizner, includes three buildings with seven bedrooms and 11.5 bathrooms on more than an acre of land. It also features a tennis court and pool.

Goldman is the youngest daughter of Sol Goldman, who at one time was one of New York’s biggest landlords, according to Forbes, which pegs her net worth at $3.1 billion.

She sold the Palm Beach estate for nearly $6,200 per square foot.

The closing marks the largest residential sale in Palm Beach since last year, when two estates traded for more than $100 million each.


Related Articles

arrow_forward_ios
Dr. Ernst A. Langner and Nataly Langner with their Palm Beach estate (Compass, Dr. E.A. Langner-Foundation)
German entrepreneur sells oceanfront Palm Beach estate for $110M
German entrepreneur sells oceanfront Palm Beach estate for $110M
Edgar Bronfman Jr. and his Palm Beach home (Getty, 200 Regents / Sotheby's)
Liquor dynasty scion Edgar Bronfman Jr. buys Palm Beach home for $12M
Liquor dynasty scion Edgar Bronfman Jr. buys Palm Beach home for $12M
Suzanne Frisbie and Corcoran CEO Pam Liebman (Corcoran)
Suzanne Frisbie returns to Corcoran in Palm Beach
Suzanne Frisbie returns to Corcoran in Palm Beach
(Christian J. Angle Real Estate)
Waterfront Palm Beach home sells for $33M after nearly 30 years in family’s hands
Waterfront Palm Beach home sells for $33M after nearly 30 years in family’s hands
232 Bahama Lane in Palm Beach, Jeffrey A. & Erica R. Keswin (middle) and Scott Goodwin & Kimberly Goodwin (right) (Photos via Compass, Facebook, Getty, Lyrical AM)
Hedge funders galore: One flips Palm Beach home to another for $7M
Hedge funders galore: One flips Palm Beach home to another for $7M
Igor Tulchinsky and 12088 Banyan Road (Getty, Douglas Elliman)
Hedge funder Igor Tulchinsky spends $40M on oceanfront North Palm Beach mansion
Hedge funder Igor Tulchinsky spends $40M on oceanfront North Palm Beach mansion
Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)
Tommy Hilfiger drops $21M for waterfront Palm Beach home
Tommy Hilfiger drops $21M for waterfront Palm Beach home
Cosmetic mogul Adrien Arpel and the Palm Beach home. (Getty, Frankel Ball Realty)
Cosmetic mogul Adrien Arpel sells waterfront Palm Beach home for $25M
Cosmetic mogul Adrien Arpel sells waterfront Palm Beach home for $25M
arrow_forward_ios

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

Loading...