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President Donald Trump isn’t the only one in the family with an eye for real estate. His older sister, Maryanne Trump Barry, is now dipping a substantial toe in the water by listing her waterfront estate in Palm Beach, FL, for $23.9 million.
Palm Beach is key to the Trump property legacy. The president will likely devote many winter weekends to his vacation home, the exclusive Mar-a-Lago located in the tony town. Barry’s property is just steps from Trump’s private country club.
Her brother would be unable to find fault with the location—it’s right on the water and next door to his favorite destination. It is “rare, direct oceanfront … with commanding, in-the-sand ocean views,” according to the listing. The estate comes with 194 feet of ocean frontage.
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The 8,269-square-foot home has eight bedrooms, eight bathrooms, and three half-baths. Built in 1956, the home could use a cosmetic update. It features an open entertaining space with a formal living room, sunroom, family room, and library.
The outdoor space is certainly a draw, with an oceanfront balcony, patio, and pool.
According to the Real Deal, Barry paid $11.5 million for this place in 2004. If she gets anywhere near her asking price, the profit will be, well, huge.
This isn’t the first time Barry has tested the Palm Beach real estate waters. As reported in the Real Deal, in 2005 Barry flipped a property just next door to Mar-a-Lago, but without the oceanfront appeal. She bought the place in 2001 for $1.75 million, tore down the existing building, and built a new home on the grounds, completing work in 2004.
The attorney and judge received attention during the 2016 presidential campaign, when then-candidate Trump suggested she would make a “phenomenal” appointee to the Supreme Court. He later said he was joking, adding that appointing his sister would be a “conflict of interest.” Barry is currently an attorney and inactive senior judge of the United States Court of Appeals for the Third Circuit.
The post Maryanne Trump Barry, Sister of President, Lists Palm Beach Home for $23.9M appeared first on Real Estate News & Insights | realtor.com®.
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