CORRECTION (Monday, March 20, 9:15 a.m.): An earlier version of this article incorrectly identified the brokerage that has the listing.
One of the oldest homes in Palm Beach, owned by billionaire publishing magnate Peter Brant and his wife, former supermodel Stephanie Seymour, has listed for $28 million, Mansion Global reported.
The five-bedroom, five-bathroom mansion, known as Buttonwood, was built around 1904 and was home to the town’s first mayor, E.N. Dimick, according to Wayne C. Willcox, a local historian.
Liza Pulitzer, Alan Quartucci, and Whitney McGurk of Brown Harris Stevens are the listing agents.
The 7,200-square-foot home — which has a library, sunroom, balcony and wood-burning fireplace — was moved twice, finally settling at 245 Dunbar Road.
“245 Dunbar is one of the oldest homes in Palm Beach with many of its original details kept intact. Very rarely does such a home like this come to the market,” McGurk said in an email.
The lush half-acre compound also has a smaller, four-bedroom guest house and a pool, according to the listing.
There wouldn’t be a home to sell but for Edward Stotesbury, who moved the house twice, first by logs from its original lakefront location near what’s now Emerald Lane to another site on its property, according to the Palm Beach Daily News. The home was moved again in 1925 to its current location to avoid demolition, the outlet said.
Brant and Seymour purchased the home in 1999 for $4.1 million, Mansion Global said.
Read more
Residential
New York
Ornate UES townhomes sell to paper mogul for $20M
New York
Billionaire Peter Brant pays $27M for Walter De Maria’s East Village home-studio
Popular
South Florida
Taubman family sells Palm Beach estate to paper mogul for $47M
Brant is a Queens native known for his success building the newsprint company co-founded by his father into one of the country’s largest newsprint manufacturers. He reportedly owns more than 1,000 pieces of contemporary art, and became such an avid Andy Warhol collector that he bought the artist’s Interview Magazine after his death.
In February 2022, an LLC tied to Brandt paid $20 million for the George F. Baker house complex at 69 East 93rd Street.
In May 2020, Brant bought the 10-bedroom, 19,000-square-foot mansion at 1820 South Ocean Boulevard in Palm Beach for $47 million.
— Ted Glanzer