Greg Norman Makes Quick Work of $59.9M Florida Spread; Billionaire Les Wexner on the Buying Side

Published: March 4, 2021 | By: American Luxury Staff

Tranquility, Greg Norman’s Jupiter Island retreat, was too appealing to stall out on the open market. Likely helped along by the tide of new and well-heeled Florida transplants—multiple news reports noted the downhill current of Wall Street cashola as of late, and California has been cited as donating influential names to the Sunshine State as well—the 8.31-acre double-waterfront estate moved into contingent status a few days ago. The buyer is the family of billionaire Les Wexner, according to The Real Deal.

The property had been priced at just under $60 million when it was listed last month, joining another significant Norman-owned property in the outbox: Seven Lakes Ranch, a nearly 12,000-acre chunk of dramatic Rocky Mountain landscape that’s priced at $40 million and is also pending sale.

Like Seven Lakes Ranch, Tranquility is a property that’s as ideal for corporate adoption as family retreat purposes. There are seven buildings on the property, with ten bedrooms and thirteen baths in all, and water frontage breaks down as 370 feet ICW, 172 feet Atlantic side. All things considered, the estate is turnkey option-rich, and primed for customization.

The warm living style reflects its location beautifully, and the main home’s interiors are urbane but Caribbean-inspired. Amenities stack up on even a cursory look, and include two swimming pools, a gym, a theater, a U.S. Open-class tennis court, and a covered entertainment pavilion.

Wexner’s net worth is around $6 billion.

6700 March 4, 2021 Real Estate March 4, 2021