Longtime Trump friend Patrick Park sells Bear’s Club estate for $20M

Patrick Park, an heir to the Park Corporation fortune and a longtime friend of Donald Trump, sold his Bear’s Club estate in Jupiter for $19.8 million.

Records show Park and his wife, Milly Park, sold the mansion at 136 Bears Club Drive to an LLC named for the address. The true buyer is hidden.

Christian Angle of Christian Angle Real Estate represented both the buyer and the seller in the deal.

Park is the son of Raymond Park, who founded the Moon Township, Pennsylvania-based Park Corporation. The company remains privately owned, and is involved in steel, energy, commercial real estate and private equity, its website shows. Multiple outlets estimate it is a multibillion-dollar enterprise.

Patrick and Milly Park married at the St. Regis Hotel in New York in 2018, the Palm Beach Daily News reported, citing Park as a director of Park Corporation. Shortly before the wedding, Park, a longtime friend of Donald Trump and a Mar-a-Lago member, declined the then-president’s nomination to be U.S. Ambassador to Austria, according to the publication. 

Records show Park gained ownership of the Bear’s Club mansion in 2007 through a corrective warranty deed. The previous owner was a Delaware LLC registered to Park Corporation in Ohio. The estate last sold for $4.4 million in 2003, Realtor.com shows.

The Parks completed an extensive renovation of the home last year, according to the listing. 

The 1.1-acre estate includes a 10,600-square-foot mansion built in 2001, according to records. The house has six bedrooms, eight bathrooms, and three half-bathrooms, records show. The property also includes a pool and a putting green designed by legendary golfer Jack Nicklaus, the listing shows.

Nicklaus is the founder of the Bear’s Club, which he established in 1999 with his wife, Barbara Nicklaus, according to the golf community’s website. The Bear’s Club is privately owned and controlled by 35 founding members, and remains under Nicklaus’ leadership, the website shows.

Luxury buyers flocked to private golf communities across northern Palm Beach County during the recent pandemic-fueled real estate boom. The spike in demand has caused long waits for private club memberships, including at the Bear’s Club.

Even so, brokers say the Bear’s Club in Jupiter is a particular favorite of buyers, but owners rarely sell, and supply in the community has remained tight. 

Mayo Shattuck, former chairman of Chicago utility giant Exelon, sold his Bear’s Club mansion for $15 million in August.