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Ivana Trump sells Palm Beach house for $16.6 million, deed shows

Posted On: 07-15-2014

By Darrell Hofheinz Daily News Staff Writer

Ivana Trump has sold Concha Marina, the landmarked oceanfront house she bought 20 years ago in the wake of her famous split from Donald Trump, according to a deed recorded late Monday.

It sold for $16.6 million, the deed shows.

Fashion designer and Gulf Stream property owner Tomas Maier is linked to the revocable trust that bought the house. The trust is in the name of Thomas R. Maier, a name associated in public documents with the German-born designer. A Tomas Maier apparel boutique operates in the Via Mizner, and he also is the creative director for the Italian fashion label Bottega Veneta.

Ivana Trump paid $4.4 million for the Estate Section house in 1994, two years after her divorce became final.

Real estate broker Lawrence Moens of Lawrence A. Moens Associates had listed the house in February, setting a price of $18.9 million for the Spanish Mediterranean-style house with Moorish architectural elements.

Sotheby’s International Realty agent Jean Lembcke handled the buyer’s side of the sale, according to records in the Palm Beach Board of Realtors Multiple Listing service.

Moens, Lembke and Maier could not immediately be reached for comment.

Noted society architect Addison Mizner designed the house on Jungle Road in 1921, although it later was expanded significantly. With about 174 feet of beachfront, the property today has nine bedrooms and 14,406 square feet of living space, inside and out, according to Moens’ sales listing.

The house stands on a lot measuring a little more than three-quarters of an acre. It’s about a half-mile north of Donald Trump’s Mar-a-Lago Club, the couple’s vacation home while they were married.

Among its features, the property has an underground tunnel linking the property to the beach across South Ocean Boulevard.

Ivana Trump owned the house in her name and had it homesteaded in Palm Beach County’s tax rolls. She said through a spokeswoman earlier this year that the time had come to downsize. With her three children grown, she said she no longer needs as much space. She also has homes in Miami, London and St. Tropez in the South of France, according to published reports.

Under the name Thomas Maier, Tomas Maier co-owns an oceanfront house in Gulf Stream with Andrew Preston, property records show. The two have owned the homesteaded house since 2006.

In addition to the Tomas Maier boutique in Palm Beach, another store is open in the Hamptons, and the company has announced plans for a third location, in New York City.

Trump is a Czechoslovakia native and former model whose business enterprises today include books, fragrances and a line of California wines. She and Donald Trump – her second husband — were married for more than 14 years. She has since twice remarried and divorced, most recently to Rossano Rubicondi.

In 1998, the town granted the Jungle Road property landmark status, protecting some of the home’s exterior walls from significant alteration.

 

Source: Darrell Hofheinz, July 15, 2014, Palm Beach Daily News

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