Tommy Hilfiger drops $21M for waterfront Palm Beach home

Donald Dizney sold the house for just $500K under ask

Miami /
Jun.June 09, 2021 02:30 PM
Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)

Tommy and Dee Olceppo Hilfiger with 313 Dunbar Road (Getty, Google Maps)

If previous renovations of their properties are any indication, fashion icon Tommy Hilfiger and his handbag designer wife Dee Ocleppo Hilfiger will likely bring new life to their latest buy in Palm Beach.

The couple paid $21 million for another home on the ritzy island, weeks after selling their Golden Beach mansion.

The Hilfigers purchased the waterfront home at 313 Dunbar Road, property records show. Donald and Irene Dizney sold the three-bedroom, 5,047-square-foot house to the couple.

The Hilfigers bought the home via Villa Deniz LLC, managed by Michael Thomas Frost. The entity financed the purchase with a $14.7 million loan from JPMorgan Chase Bank.

The seller, Donald Dizney, is board chairman of United Medical Corporation. The Dizneys paid $4 million for the 0.3-acre property in 2013.

Built in 2006, the Mediterranean-style home features a lakeside pool and putting green, columned courtyard and a concrete dock on the Intracoastal Waterway. It hit the market in December for $21.5 million.

Christian Angle with Christian Angle Real Estate represented both the Dizneys and the Hilfigers in the deal, according to Realtor.com.

The Hilfigers recently sold their oceanfront Golden Beach estate for $24 million to real estate investor and author Grant Cardone.

In March, the Hilfigers purchased a smaller home in Palm Beach for $9 million. They sold their Greenwich estate in January for $45 million.

Big ticket sales have become the norm in Palm Beach. Last month, punch time clock heir Edward G. Watkins sold his oceanfront Palm Beach estate for $95 million, marking the second most expensive sale this year on the island, after the $123 million sale of 535 North County Road to Tiger Global Management co-founder Scott Shleifer.






    Related Articles

    arrow_forward_ios
    1210 Meadow Lane with the late Luba Marks. (Zillow / Out East)
    Luba Marks’ Southampton home sells at $8M discount
    Luba Marks’ Southampton home sells at $8M discount
    Julianne Moore and 42 House 2 Road, Montauk (Getty, Zillow)
    Julianne Moore sells Montauk cottage six years after first listing it
    Julianne Moore sells Montauk cottage six years after first listing it
    Jonathan Oringer and his Bridgehampton home. (Getty, Erica Grossman / Douglas Elliman)
    Shutterstock co-founder’s Bridgehampton mansion lists for $52M
    Shutterstock co-founder’s Bridgehampton mansion lists for $52M
    40 Meadow Lane, Nir Meir and Robert Kraft (Google Maps, HFZ, Getty)
    Patriots owner Robert Kraft buys Nir Meir’s Hamptons home for $43M
    Patriots owner Robert Kraft buys Nir Meir’s Hamptons home for $43M
    Waldo Fernandez (Compass, Getty)
    Where’s Waldo going? We know he’s listing his Hamptons home
    Where’s Waldo going? We know he’s listing his Hamptons home
    Ai Weiwei with 708 New Forge Hallow (Getty, Compass)
    Ai Weiwei-designed home sells for $5M
    Ai Weiwei-designed home sells for $5M
    Luba Marks and 1210 Meadow Lane (Wikipedia, Elliman, iStock)
    Luba Marks’ Southampton home, asking $37M, in contract
    Luba Marks’ Southampton home, asking $37M, in contract
    Hank Azaria lists Westchester home. (Compass, Getty, Twentieth Century Fox Film Corp.)
    “Simpsons” actor lists Westchester home for $3.25M of D’oh
    “Simpsons” actor lists Westchester home for $3.25M of D’oh
    arrow_forward_ios

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

    Loading...