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    Patriots Owner Robert Kraft Just Snapped Up Palm Beach’s Most Expensive Condo for $23.7 Million

    When Robert Kraft bought the New England Patriots for $172 million nearly three decades ago, he set a league record. Now, the billionaire owner has made history yet again—this time in the real estate realm—with the purchase of a new penthouse in Palm Beach. 

    Kraft recently dropped a whopping $23.7 million on an oceanfront condo in South Florida, making it the priciest pad to ever sell in the ritzy island enclave, according to the Wall Street Journal. For context, that’s about $3 million less than the original asking price when it was first listed in September. The swanky seaside digs span roughly 5,000 square feet and comprise four bedrooms, five-and-a-half baths, plus a 1,300-square-foot wraparound terrace.  

    New England Patriots owner Robert Kraft bought a $23.7 million penthouse in Palm Beach, Florida

    Living Proof/The Corcoran Group

    Prior to Kraft acquiring the abode, the apartment belonged to oil tycoon Erving Wolf and his wife, Joyce. The couple bought the condo back in 2000 for a modest $6 million, one of only a few penthouses sited directly on the beach. Before Erving passed away in 2018, and Joyce in 2022, they tapped their daughter-in-law, renowned American architect and sculptor Maya Lin, to renovate the home. Lin, whose best known for designing Washington’s Vietnam Veterans Memorial, gave the residence a modern and contemporary refresh. Most notably, she added natural wood, stone and limestone to mirror the color of the ocean. 

    Kraft set a new real estate record when he purchased the area’s most expensive condo

    Living Proof/The Corcoran Group

    “The apartment when we first saw it had potentially wonderful views to the water but was partitioned off by a more traditional separation of formal rooms,” Lin told the WSJ in September. Inside, you’ll find soaring floor-to-ceiling windows, walnut floors and large glass doors that lend a bright and airy feel to the open layout. Elsewhere, there’s a library, dining room, kitchen and a large living area. Considering the couple were avid art collectors, the foyer, which serves as a mini gallery, is where Kraft can now freely hang his own blue-chip works—or, of course, showcase his six Super Bowl trophies.

    Click here to see all the photos of Robert Kraft’s Palm Beach penthouse.

    Living Proof/The Corcoran Group More

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    Jon Bon Jovi Sells One Palm Beach Mansion and Buys Another on the Same Day

    Despite the fact that Covid-19 has put a major damper on in-person concerts, veteran rocker Jon Bon Jovi is still keeping the money rolling in through his house flipping side hustle. In 2018, the silver-maned singer dropped $10 million on an ocean-view home in mega-posh Palm Beach, Fla., that he promptly razed and replaced with a brand-new villa. Now, he’s sold the property for a little less than $20 million. But that sale was just a warm-up. On the very same day that the villa sold, Bon Jovi also sealed the deal for a $43 million ocean-front mansion a couple of miles away, as was first reported by The Real Deal.

    The newly built, recently sold villa sits on a lot that measures in at about one-third of an acre and has five bedrooms, five full and three half-bathrooms in about 5,000 square feet. Originally listed in May for $22.9 million, the home was built by the Shapiro Pertnoy Company with interior design by Caroline Rafferty. The casually elegant villa has a relaxed coastal feel about it with a light color scheme and a buttery, stone-accented exterior. Wire brushed oak and creamy limestone flooring can be found throughout the house, while herringbone-patterned cypress planks cover the ceiling of the cavernous living and dining room. And, for the book lover, the spacious library features custom, built-in shelving.
    Realtor.com

    The eat-in gourmet kitchen is stylishly outfitted with bespoke light gray custom cabinetry, top-end appliances and an iridescent, mosaic-tiled backsplash. Other notable features of the home include an elevator and a handy backup generator for when hurricanes blow through. The back of the house wraps partially around a wind-protected central courtyard that gives way to an outdoor kitchen. Checkerboard terracing and a verdant wall of tropical plants accent the area around the swimming pool and spa, and a simple wrought iron gate provides access to the beach, which is actually located across a public street.
    Bon Jovi’s newest acquisition is a substantially larger mansion located just a couple of miles away, which first popped up for sale in January with a hefty $44.9 million price tag. Spanning 10,232 square feet, the seaside manse has seven bedrooms and seven full bathrooms (plus five powder rooms), including a one-bedroom guest or staff suite with a convenient outside entrance. There’s also a vast owner’s retreat, which is comprised of a private study with a morning bar, plus an oceanfront terrace, two bathrooms and two huge walk-in closets.

    Realtor.com

    Designed by Thomas Kirchhoff with interiors by David Kleinberg, the sumptuous mansion offers a double-height foyer with inlaid marble floor, spacious living and dining rooms embellished with coffered ceilings, and an ocean-facing library wrapped in lustrous paneling. More casual, but equally ample family quarters include a chef’s kitchen with white marble counters, a cozy breakfast room and a sea-view double-height family room with a trio of floor-to-ceiling arched French doors. Outside, an arched dining loggia overlooks a courtyard swimming pool, while two oceanfront loggias look across manicured lawns dotted with swaying palm trees. Other luxuries include an exercise room, temperature-controlled wine cellar, an elevator, a back-up generator and an air-conditioned three-car garage.
    Realtor.com

    With the right updates, and given its impressive dimensions and supreme location, it’s not inconceivable the estate could follow the pattern of sky-high priced sales in the blazing hot Palm Beach market over the past year. These include the Kennedy family’s former compound, which sold for a staggering $70 million, and two estates on the famed Billionaire’s Row, located near Donald Trump’s Mar-a-Lago, that each sold for over $100 million.
    Realtor.com

    Christian Angle of Christian Angle Real Estate represented Bon Jovi in the sale of the $20 million Palm Beach mansion. Chris Leavitt, Kim Spears, and Ashley McIntosh of Douglas Elliman represented the buyer. Angle also represented both sides of the $43 million Palm Beach home sale.
    Bon Jovi has been a prolific collector of expensive homes for years, but his foray into house-flipping is a fairly recent development. He still owns a four-bedroom and 4.5 bathroom condo in New York City’s West Village that he paid almost $19 million for in 2017, as well as an East Hampton mansion he picked up back in 2004 for $7.6 million. His lavish French chateau-style manse located in Middletown, N.J., known as Hight Point Estate and designed by world-renowned architect Robert A.M. Stern, was put up for sale in 2017 and remains for sale at an undisclosed price that has been speculated to be around $20 million. More