Billionaire Peter Brant and Supermodel Stephanie Seymour List Their Palm Beach Estate for $28M

Billionaire Peter Brant and wife Stephanie Seymour hope a buyer will splash out a cool $28 million for their sprawling Palm Beach, FL, estate.

The paper mogul/art collector and his supermodel wife own another Palm Beach mansion that was once home to late shopping center mogul, A. Alfred Taubman. The famous couple purchased the home back in 2020 for a whopping $46 million.

The sizzling-hot housing market on Palm Beach has celebrities and investors flocking to the glitzy island, which boasts miles of pristine beaches.

Brant and Seymour bought the 7,175-square-foot home in 1999 for just $4.1 million. Now they’re aiming to rake in a staggering $3,902 per square foot for the property.

Built in 1915, the historic estate was originally situated on the Intracoastal Waterway and was “moved by logs to its current location,” according to the listing.

The spacious home is one of the island’s oldest and was built for Elisha Newton “Cap” Dimick, the town’s first mayor, according to the Palm Beach Daily News.

The house was originally sited near Emerald Lane, fronting Lake Worth. It was relocated to avoid demolition.

A brick patio surrounds the home and leads to a covered front terrace. A grand staircase at the home’s entrance provides access to the dwelling’s five bedrooms.

Historic highlights include soaring ceilings, gorgeous woodwork, and ornate finishes. A downstairs library could be transformed into an additional bedroom.

The spacious dining room boasts two chandeliers. Nearby, a spectacular two-story great room is constructed with curved, windowed walls and overlooks a private backyard.

Designed to accommodate extended family and friends, a separate guesthouse offers four more bedrooms and four full baths. The property sits on a nearly half-acre lot with a swimming pool.

Brant and Seymour are said to have updated both the main home and guesthouse over the years.

The post Billionaire Peter Brant and Supermodel Stephanie Seymour List Their Palm Beach Estate for $28M appeared first on Real Estate News & Insights | realtor.com®.