Jon Bon Jovi Is a Real Estate Genius

The musician just sold his newly built Palm Beach home for $20 million

Jon Bon Jovi awaits the arrival of Prince Harry, Duke of Sussex at the Abbey Road Studios where the Invictus Games Choir are recording a special single in aid of the Invictus Games Foundation on February 28, 2020 in London, England. (Photo by Max Mumby/Indigo/Getty Images)
Jon Bon Jovi awaits the arrival of Prince Harry, Duke of Sussex at the Abbey Road Studios where the Invictus Games Choir are recording a special single in aid of the Invictus Games Foundation on February 28, 2020 in London, England. (Photo by Max Mumby/Indigo/Getty Images)
Getty Images
By Bonnie Stiernberg / July 21, 2020 7:00 am

This House Is Not For Sale“…because Jon Bon Jovi has flipped his newly constructed Palm Beach home for $20 million, selling it to an unknown buyer.

The musician recently completed construction on the five-bedroom, 5,000-square foot beachfront home after buying the site for $10 million in 2018 and razing an older property on it. The home is located on North Ocean Boulevard, a few blocks from the Breakers Palm Beach hotel and four miles from Trump’s Mar-A-Lago club.

According to a listing for the home, it features oak and limestone flooring, an elevator, Cyprus wood ceilings, a library, a two-car garage, an outdoor pool surrounded by palm trees, private beach access and an ocean view from nearly every room.

Chris Leavitt, Kim Spears and Ashley McIntosh of Douglas Elliman represented the unknown buyer in the deal, while Christian Angle of Christian Angle Real Estate represented Bon Jovi.

This isn’t the first time the New Jersey rocker has dipped his toes into the real-estate waters, however. In 2018, he sold his three-bedroom apartment in Manhattan’s West Village for roughly $15 million, and his 15-acre estate in New Jersey’s Monmouth County is currently on the market for $20 million. With over 130 million albums sold throughout his career, as well as his other ventures like dabbling in acting and starting a (seriously not bad) rosé label with his son, it’s safe to say that the New Jersey native is no longer livin’ on a prayer.

Subscribe here for our free daily newsletter.

Daily Brief

News From Around the Web

August 10, 2020 August 9, 2020