Distinctive Palm Beach Properties

Quick Search


Former CIA director William Casey’s North End house sells for $6.8M

Posted On: 09-05-2010


Updated: 6:47 p.m. Saturday, Sept. 4, 2010

Posted: 6:04 p.m. Thursday, Sept. 2, 2010


Bernadette Casey Smith, daughter of the late former CIA director William Casey, has sold Estrella del Mar, her family’s North End oceanfront house at 1240 N. Ocean Blvd. for $6.8 million, according to a warranty deed filed Thursday afternoon.

The buyers are Palm Beach residents Matthew and Tracy Smith. In 2002, the Smiths bought 437 Chilean Ave. for $3.2 million; in February 2007, they purchased 176 Seminole Ave. for $3.8 million, according to the county property appraiser’s records.

Estrella del Mar was most recently listed for $8.5 million. The 10,000-square-foot Spanish-style main house is situated on nearly one acre across from the ocean. A beach cabana is included on an additional direct oceanfront parcel. The eight-bedroom compound included a guest house and a two-bedroom staff suite.

Elizabeth Cleckner and John Pangborn, associates with Corcoran Palm Beach, represented the seller; Crissy Poorman, an agent with Sotheby’s International Realty, and Mary Ann Cleckner, a broker with Real Property Palm Beach, represented the buyer.

“It is a wonderful buy and a great value. Both John Pangborn and I have been working with quite a few buyers who sense the market has now bottomed out,” said Elizabeth Cleckner.

The eclectic Spanish-style house is believed to have been built in 1925 by Gene Bartholomew for L. Wertheimer and Jeannette Gais; two years later, architect John Volk made additions.

During the 1950s, John Stetson designed additions for Standard Oil heir and Manalapan Club founder W.E. Benjamin. William and Sophia Casey bought the house in 1977, using it as a winter vacation house.

After serving as Ronald Reagan’s campaign manager, the president appointed William Casey director of the Central Intelligence Agency in 1981, serving until his death in 1987. His widow, Sophia, continued the family’s seasonal stays in Palm Beach.

The Caseys’ daughter, Bernadette Casey Smith, inherited the property in 2000, placing it on the market in 2007.

Source: Augustus Mayhew, September 5, 2010, Palm Beach Daily News


Special to the Daily News

News Categories

Zimmerman Douglas Elliman

340 Royal Poinciana Way, Suite 318
Palm Beach, FL 33480

Jacqueline A. Zimmerman (561) 906-7153 Direct jz@PalmBeachProperty.com

Adam M. Zimmerman (561) 906-7152 Direct az@PalmBeachProperty.com

(561) 655-8600 Main Office


The Definitive Source for Palm Beach Real Estate

Jacqueline A. Zimmerman(561) 906-7153pAdam M. Zimmerman(561) 906-7152pMain Office(561) 655-8600
Douglas Elliman, Licensed Real Estate Broker | 340 Royal Poinciana Way, Suite 318, Palm Beach, FL 33480


Equal Housing Opportunity

Privacy Policy | Terms & Conditions

Copyright © 2017. All Rights Reserved

No warranty or representation, express or implied is made as to the accuracy of the information contained herin, and same is submitted subject errors, omission, change of price rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals.