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Jon Bon Jovi trades up in Palm Beach

by Kerrie Kennedy

 

It’s safe to say Jon Bon Jovi’s days of ‘livin’ on a prayer’ are long over. The aging rock star just closed on an oceanfront mansion in Palm Beach for a reported $43 million.

The sale rivals one of the most recent high-priced transactions in Palm Beach, the $45.75 million sale of shopping mall mogul Alfred Taubman’s estate back in May.

Located at 1075 North Ocean Boulevard, the 10,000-plus square-foot, seven-bedroom mansion, features an air-conditioned three-car garage, exercise room, wine cellar, pool, cabana and two oceanfront loggias. It was built in 2007.

The previous owner was television mogul Jeffrey A. Marcus, who purchased the home for $23.2 million in 2014.

Bon Jovi and his wife Dorothea purchased the estate on the same day they sold their previous home, located just down the street at 230 North Ocean Boulevard. They paid $10 million for that property in 2018, before tearing it down and building a new home.

They sold the 5,000 square-foot home at 230 North Ocean Boulevard for $19.8 million.

Christian Angle of Christian Angle Real Estate represented the Bon Jovis in both deals, as well as the seller of 1075 North Ocean Boulevard.

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