Fashion designer Tommy Hilfiger, alongside his wife Dee Ocleppo Hilfiger, also a fashion designer, have relisted one of their two Palm Beach houses, this time at a more tempting price of $35.9 million. This new listing price is a notable $2 million reduction from its previous asking price last season.



The lakefront property, located at 313 Dunbar Road, is a stunning example of Mediterranean-style architecture. It initially hit the market in September 2022 with a price tag of $39.7 million. After some time, the price was reduced by $1.8 million, bringing it to $37.9 million before the property took a break from the market in early June.



The Hilfigers purchased this luxurious residence for a recorded $21 million in May 2021 through their ownership company. Since acquiring the property, they have made significant updates to the house, originally built in 2006. The renovations have introduced brighter and more modern-style interiors, characterized by light woods and fine finishes, as evident in the available photographs of the home.



The price adjustment of this exquisite property reflects the dynamic nature of the luxury real estate market in Palm Beach. With its updated interiors and prime lakefront location, the Hilfigers' home presents an attractive opportunity for those seeking a blend of luxury, style, and waterfront living.

Posted by Discover South Florida on

Tags

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.