Timeshare mogul David Siegel and his wife, Jackie, known as the “Queen of Versailles,” bought a waterfront North Palm Beach house for $5.2 million.
The Siegels purchased the five-bedroom, 6,867-square-foot home at 832 Harbour Isles Place from Stanley and Adele Janow, according to public records.
David Siegel founded timeshare company Westgate Resorts, based in Orlando, in 1982, and is its president and CEO.
Socialite, actress and Mrs. Florida America beauty pageant winner Jackie Siegel was anointed the “Queen of Versailles” for starring in the 2012 documentary by the same name.
The film, by Lauren Greenfield, focused on the Siegels’ construction of their 85,000-square-foot Versailles-like mansion perched atop a hill in Windermere, a town outside of Orlando. The documentary chronicled their ups and downs, including the hit that the 2008 Great Recession had on the family’s finances and the halting of construction.
Work resumed in 2013, after the Siegels tried, but failed, to sell the property in 2011.
The mansion, which some media outlets have reported as being even bigger – just over 100,000 square feet – would be among the biggest in the U.S. when completed. As of December 2020, it was unfinished, and Jackie Siegel told Fox Business that it was near completion.
In the couple’s latest purchase in North Palm Beach, the home was built in 2003 on 0.3 acres in the Harbour Isles neighborhood. The house has five full baths and two half-baths, as well as a three-car garage and a dock for an up to 70-foot yacht on the North Palm Beach Waterway, according to Realtor.com.
The home includes a fireplace, a butler’s pantry with a 75-bottle wine closet and a chef’s kitchen with two dishwashers. The ground-floor master bedroom has large walk-in closets, and his and hers marble baths, according to Realtor.com. A winding staircase leads to the second story, and the house also has a birdcage elevator. Other features include Saturnia marble floors, impact glass, and soaring, coffered ceilings.
The Janows paid $3 million for the house in 2003, property records show. The home was then on and off the market, most recently listed in November for $5.3 million, with a price cut to $5.2 million in December, Realtor.com shows.
In January, former NBA player and current vice president of basketball affairs for the Memphis Grizzlies, Tayshaun Prince, and his wife, Farah, sold a 6,595-square-foot North Palm Beach house for $7.5 million.