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Home Politics President Donald Trump bought his first mansion at age 35

President Donald Trump bought his first mansion at age 35

“Donald Trump’s First Mansion Returns”
Although the word “replay” is mostly used to describe a repeat of a play video in sports, it occasionally applies to real estate that has been pulled from the market after a long run without selling and then reintroduced at a later date. Such is the case with President Trump’s first mansion that was his entry into owning a string of some of the most glamorous homes in the world.
Trump was only 35 when he and his first wife, Ivana, purchased their starter mansion – a 5.8 acre home on a peninsula in Greenwich, Connecticut for $4 million. The timing was good because they were decorating their new Plaza Hotel purchase in Manhattan at the time and Ivana was able to use many of those materials to glam up the Connecticut mansion. That included a king’s ransom of gold leaf, which was applied to moldings and freely throughout the residence. Off to a good start, Trump later purchased Trump Tower, where his penthouse is no stranger to gold leaf and then a 60-room mansion in Bedford, New York with three pools and a bowling alley. He later bought Albemarle with a 23,000-square-foot home, vineyard and winery on 2,000 acres in Virginia for $12.7 million, a fraction of the original asking price of $100 million. It is now a B&B known as Albemarle Estate at Trump Winery with daily room rates ranging from the upper $300s to $700s. Reaching to California, he expanded to a six-bedroom, 10,400-square-foot home on Rodeo Drive in Beverly Hills. Trump’s #1 trophy home is still his Mar-A-Lago mansion and resort for the ultra wealthy in Palm Beach that he purchased in 1985 for $10 million which has become his Florida White House.
Newly back on the market is Trump’s first mansion at its 2016 price of $45 million, reduced from the $50 million original ask in 2010. The current owners purchased the mansion from Ivana, who won it in her and Donald’s divorce in 1991. They immediately set about toning down much of the glitz and expanded the property by adding a tennis court, indoor lap pool, sauna and a 4,000-square-foot addition with guest suites.
The 19,773-square-foot Georgian Colonial main house and guest house have eight bedrooms, thirteen baths, a three-story rotunda foyer with double grand staircase, formal rooms and views of Long Island Sound. Also included in the sale is a home theater, putting green, multiple terraces and patios and three fully-equipped staff apartments.
Awaiting its next Greenwich billionaire resident, Donald Trump’s former Connecticut mansion with major additions, six waterfront acres and a private boat dock is on the market at $45 million. The listing agent is Tamar Lurie of Coldwell Banker in Greenwich, Connecticut.
Visit TopTenRealEstateDeals.com for more historic, spectacular and celebrity homes and real estate news.

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Valerie Milano is the well-connected Senior Editor and Entertainment Critic at TheHollywoodTimes.today, a website that aggregates showbiz news curated for, and written by, insiders of the entertainment industry. (@HwoodTimes @TheHollywood.Times) Milano, whose extraordinary talents for networking in the famously tight-clad enclave of Hollywood have placed her at the center of the industry’s top red carpets and events since 1984, heads daily operations of a uniquely accessible, yet carefully targeted publication. For years, Milano sat on the board and tour coordinator of the Television Critics Association’s press tours. She has written for Communications Daily, Discover Hollywood, Hollywood Today, Television International, and Video Age International, and contributed to countless other magazines and digests. Valerie works closely with the Human Rights Campaign as a distinguished Fed Club Council Member. She also works with GLSEN, GLAAD, Outfest, NCLR, LAMBDA Legal, and DAP Health, in addition to donating both time and finances to high-profile nonprofits. She has been a member of the Los Angeles Press Club for a couple of years and looks forward to the possibility of contributing to the future success of its endeavors. Milano’s passion for meeting people extends from Los Feliz to her favorite getaway, Palm Springs. There, she is a member of the Palm Springs Museum of Art and a prominent Old Las Palmas-area patron.