Add Row 
Add 
Dee Haslam's Oceanfront Acquisition
Susan "Dee" Bagwell Haslam, co-owner of the Cleveland Browns, has made headlines by purchasing a stunning oceanfront estate in the exclusive Lost Tree Village community of North Palm Beach for a hefty $25 million. This off-market deal has garnered considerable attention not only due to the notable buyer but also because of the community's unique buying regulations.
Lost Tree Village: A Gated Community of Luxury
Lost Tree Village is renowned for its exclusivity, featuring strict residency requirements that ensure a controlled and cohesive community atmosphere. Prospective buyers must pass a rigorous application process which includes sponsorship from current residents, multiple references, and an interview with the admissions committee. This process guarantees that new homeowners align with the village's high standards and values.
The Previous Owners and Their Journey
The estate was previously owned by Robert F. White Jr. and Diane White, who have been residents of Lost Tree Village for decades. After purchasing the property in 1990 for just $3.2 million, they decided to downsize, moving to a smaller home within the same community. Their experience reflects a broader trend of luxury homeowners opting for properties that fit their changing lifestyles without leaving the gated enclave.
A Record Setting Year for Lost Tree Village
Despite its limited buyer pool, Lost Tree Village has witnessed remarkable real estate activity this year. In May alone, the community saw record-breaking transactions, including an oceanfront estate sold for $55 million and another for $31.9 million. Such sales highlight the area's desirability among affluent buyers, particularly those seeking a serene environment with direct access to the ocean.
Takeaway for Florida Homeowners
For Florida homeowners, the increasing property values and prestigious buyers in areas like Lost Tree Village serve as a testament to the high demand for luxury real estate in the state. This trend suggests potential for increased property values and investment opportunities for current homeowners in similar communities. Understanding the factors driving these sales can help homeowners capitalize on their investments.
Add Row 
Add 
Write A Comment