Fox News host and political correspondent Bret Baier bought a Palm Beach home from fashion designer Tommy Hilfiger and his wife, Dee Ocleppo Hilfiger, for $12 million.
The Hilfigers, through Villa Deniz LLC, sold their non-waterfront home at 244 Fairview Road to William Bret Baier and his wife, Amy Baier, according to property records. The Hilfigers flipped the three-bedroom, four-and-a-half bathroom house for $12 million, $3 million — or 33 percent — more than they paid for the property one year ago.
The 4,970-square-foot house, completed last year on a 0.3-acre lot, includes a gourmet kitchen, private garden with loggias, and a pool, according to an older listing for the property.
Single-family homes in Palm Beach have become a rare commodity. Just 55 houses are on the market in the tony town – excluding deals that are pending or contingent – according to Realtor.com. Home prices have risen dramatically in the last two years as a result of high demand and limited inventory.
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Bret Baier hosts “Special Report with Bret Baier” on Fox News, and is also the network’s chief political correspondent. Baier’s new home is about 7 miles north of his colleague Sean Hannity’s Palm Beach townhouse. Last year, Hannity, who is also a Fox News host, paid $5.3 million for the oceanfront property.
The Hilfigers are no strangers to South Florida real estate. In May, they paid $21 million for the waterfront home at 313 Dunbar Road in Palm Beach. Months later, they sold their Golden Beach mansion to Grant Cardone for $24 million.
In 2018, they sold a Palm Beach estate for $35 million.
In late 2019, Hilfiger and Dogus Group sold the Raleigh Hotel in Miami Beach to a partnership led by New York developer Michael Shvo for $103 million.