Howard Stern’s new mansion in Palm Beach, Florida cost him a cool $52 million, though for someone who has two jobs paying out millions of dollars, the price tag on the luxurious estate seems more, well, normal.
The shock jock dropped $52 million on the waterfront home, which Trulia explains sits on 3.25 waterfront acres. The house itself totals almost 40,000 square feet of living space.
The home, custom built in 1992, was privately sold to Stern by American businessman Martin Trust and his wife, Diana. For Howard Stern, the mansion’s $52 million price tag probably seems like pocket change.
Stern is worth more than $500 million, with some reports saying he could be a billionaire. The shock jock signed a deal with SiriusXM radio, which pays him half a billion dollars. He then picked up a second job as a judge on America’s Got Talent . That gig also pays millions.
But his work has apparently paid off. The home was custom built by Trust and his wife, who purchased the land for less than $4.6 million in 1986. Trust, the president of a New Hampshire-based investment firm, outfitted the mansion with five bedrooms and 11 bathrooms. The main house is 18,673 square feet.
Stern’s new mansion also boasts a swimming pool , a spa, and a well-manicured formal garden. Not to mention the beautiful view of the ocean. Howard Stern and his wife currently consider New York home. It is unclear if the new Palm Beach mansion will be a new home, or simply a vacation getaway.
One thing’s for sure, the neighborhood will probably be interesting, considering Howard Stern’s new neighbors are Rush Limbaugh and conservative political commentator Ann Coulter.
The mansion purchase is the most expensive deal recorded this year in Palm Beach. It had a “total market value” of $40.8 million in the 2012 tax rolls, making it one of the most expensive residential properties in the town. What do you think of Howard Stern’s new mansion?
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