Boxing promoter Don King has relisted his more than three-acre oceanfront property in Manalapan, Fla., south of Palm Beach, for $20 million. The gated estate, which contains two homes, was originally offered in early 2009 for $27.5 million. Mr. King took it off the market last summer.
The larger of the two homes has nine bedrooms and nearly 18,000 square feet of living space. It’s built around a coquina stone courtyard with waterfalls and ponds. The smaller five-bedroom home has about 6,800 square feet, an outdoor cabana with a kitchen and an ice-cream parlor. There are two swimming pools and a replica of the Statue of Liberty in the yard. The property includes 300 feet of ocean and Intracoastal Waterway frontage.
Mr. King, 79, has represented clients like Muhammad Ali and Mike Tyson. He purchased the larger house in 1999 for $7.8 million; he paid $6.5 million for the other house the same year. Mr. King’s wife, Henrietta, passed away in December at age 87.
via Real Estate News About Don King, Mel Gibson and the ‘Home Alone’ House | Private Properties.