The seven-bedroom, nine-bathroom mansion The Palm Beach, Florida, estate of Kathleen DuRoss Ford, the widow of auto-industry scion Henry Ford II, sold this week for $55.15 million, according to public records.
Originally listed in October for $58 million, the seven-bedroom, nine-bathroom mansion was sold to David and Constance Littman, records show. Mr. Littman is the founder and CEO of the New York-based Hudson Valley Lighting Group. He did not immediately return requests for comment. Ford acquired the land in 1998 for $5.6 million, according to property records. The seven-bedroom mansion was designed by Jeffery Smith of Smith Architectural Group and completed in 2002.
The gated residence sits on about an acre and a half of land and boasts 26,696 square feet of indoor-and-outdoor living space, according to the listing. There’s also more than 250 feet of water frontage on the Intracoastal Waterway, plus a dock out to the water.
There are views of the water from the home, which includes several reception rooms, a gourmet kitchen with a breakfast room, a library, an office and a media room, according to the listing. Other amenities include a temperature-controlled wine cellar, four-car garage, several terraces and loggias and a fitness center, plus a pool, spa and lounge area. There’s also a two-bedroom guest house.
Lawrence Moens of Lawrence A. Moens Associates had the listings. He did not respond to requests for comment.
Kate Ford, as she was known, was originally from Michigan, where she worked as a model and photographer and owned a nightclub in Detroit. She married Henry Ford II, grandson of the Ford founder who eventually took over the company, in 1980. He died seven years later, and she passed away in May at age 80, according to her obituary .
The Palm Beach Daily News first reported the sale.
The sale caps off a busy year for trophy home sales in Palm Beach.
In June, two estates sold there for more than $70 million , including the winter retreat of President John F. Kennedy. And earlier this month, actor Sylvester Stallone paid $35.37 million for a compound there .
Click here to view original web page at www.mansionglobal.com