Miami Condo Market and Lifestyle Updates
Celine Dion's Island Dream Mansion Asks for Discounted Price

Celine Dion's Island Dream Mansion Asks for Discounted Price

by Sep Niakan | April 15, 2014

Celine Dion, contemporary hit singer, has lowered the price of her Jupiter Island Mansion from $72.5 million to $62.5 million, a $10 million discount.

The legendary Jupiter Mansion declares 10,000 square-feet, a water park with slides, a lazy river, and more, on over five acres of beachfront property. The home itself is located at 215 South Beach Road, Jupiter Island.

Joseph Montanaro, Montreal Realtor, is marketing the mansion. Montanaro has said there has not been much interest in the estate, not near as much as they had hoped. He also said that the $72.5 million asking price was almost as much as it cost to purchase and develop the property.

Thus far, Montanaro has not received any calls about the $10 million-price drop for the hyper-luxurious mansion home.

Many real estate professionals believe that the lack of interest in Dion’s home is due to the changing market. Extremely luxurious and lavish homes are no longer as popular as they used to be.

 

Source: gossipextra.com

Photo credit: Celine Dion fansshare.comJupiter Island Mansion renderings -  sothebyshomes.comAerial view moejackson.com

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