Steve Wynn with 1350 North Lake Way (Photos via Getty, Google Maps)
Billionaire former casino mogul Steve Wynn paid $49 million for a lakefront estate in Palm Beach.
Records show developers Patrick and Lillian Carney sold the 13,375-square-foot mansion at 1350 North Lake Way to an entity that lists Wynn Fine Art’s Las Vegas address and is managed by Nathan Lloyd.
Last month, the Carneys sold an oceanfront mansion in Palm Beach to hedge fund billionaire and Carolina Panthers owner David Tepper for about $68 million.
Wynn, founder and former chairman and CEO of Wynn Resorts, is no stranger to Palm Beach. In 2019, he paid $43 million for the oceanfront mansion at 1960 South Ocean Boulevard. A year earlier, he sold the lot at 1350 South Ocean Boulevard for more than $20 million.
Another new Palm Beach house has hit the market with a look-at-me price $84 million, fully furnished.
The oceanfront house developed on speculation at 901 N. Ocean Blvd. entered the multiple listing service Friday, listed by agent Christopher Deitz of William Raveis South Florida.
Facing 175 feet of oceanfront, the Bermuda-style house was developed on a lot of 1.14 acres by longtime Palm Beach resident Keith Beaty and his son, Clark Beaty.
The main house has five bedrooms with a two-bedroom guesthouse. In all, the home has about 18,000 square feet of living space, inside and out, including a partial basement. Of the total space, 15,306 square feet is air conditioned.
Two Hedge Fund Billionaires Spend Over $200 Million On Palm Beach Mansions zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Billionaire David Tepper, founder of Appaloosa Management and owner of the Carolina Panthers, is in contract to buy a $73 million mansion in Palm Beach.