Billionaire Chris Cline’s North Palm Beach Compound Fetches $47.8M

Billionaire Chris Cline’s North Palm Beach Compound Fetches $47.8M

Published: February 23, 2021 | By: American Luxury Staff

Late billionaire Chris Cline’s estate in Palm Beach sold this month for close to $50 million, according to the Palm Beach Daily News. The transactions took place in two disparate sales this winter; the closings occurred in a time period of less than two weeks, with the first logged around the first of the month and representing $25.7 million of the whole.

The second mansion, and an additional buffer parcel containing a guest cottage and various recreational amenities, sold this week, fetching just over $22 million. The total acreage tallies at about 3.8, with 200 feet of beachfront.

The main house including in the sale—a Japanese-inspired affair designed around a landscaped center courtyard—contains five bedrooms and at least eight baths across 16,139 sq. ft. of interior living area, according to listing materials. Interiors feature tropical interior architecture, abundant hardwood—floors, as well as wall, window and door trim, and ceilings—cane wall covering, and a flowing, compartmental layout.

At the center of the house is the courtyard, which has a lagoon-style pool as a centerpiece. Landscaping is thoroughly escapist in this landscaped tropical clearing. The additional lot with the guest house contains an entertainment pavilion and athletic facilities.

Cline died in a tragic helicopter crash in the Bahamas in 2019. His daughter, three of her friends and two pilots also died in the accident.

Cline’s private islands and compound in the Bahamas were listed a little over a year ago for $29.9 million.

Photo credit: Google Maps

2414 February 23, 2021 Real Estate February 23, 2021