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Laura Andrassy buys former Reese lot on Dunbar Road

Posted On: 03-25-2010

Laura Andrassy buys former Reese lot on Dunbar Road

By AUGUSTUS MAYHEW

Updated: 5:58 p.m. Friday, March 26, 2010

Posted: 7:31 p.m. Thursday, March 25, 2010

 

Laura Andrassy, the first wife of golfer Greg Norman, has purchased a vacant residential lot at 167 Dunbar Road for $3.25 million, according to a deed filed Wednesday.

The price is $500,000 less than the property, formerly owned by the Claude Dimick Reese family, last fetched when it was sold in July 2008.

The warranty deed says 167 Dunbar LLC sold the Midtown ocean-block site to Andrassy.

In 2007, Andrassy purchased a 4,900-square-foot house at 161 Main St. for $3.95 million. The following year, her 25-year marriage to Norman ended in a highly publicized divorce that awarded her more than $100 million.

In 2008, the Reese family residence was purchased for $3.8 million from Reese’s estate and the house was demolished.

The vacant 90-foot-by-195-foot parcel was most recently listed for $3.95 million by Paula Wittmann, a sales associate at Fite Shavell & Associates.

The buyer was represented by Toni Hollis, also an agent with Fite Shavell & Associates.

 

Source: Augustus Mayhew, March 25, 2010, Palm Beach Daily News

http://www.palmbeachdailynews.com/news/laura-andrassy-buys-former-reese-lot-on-dunbar-449390.html

 

 

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