Would You Buy Rush Limbaugh's Mansion For This Price?

By Charles Susswein | Monday, 18 July 2022 04:45 PM
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Rush Limbaugh's widow Kathryn has calmly put their magnificent, Versailles-style Palm Beach mansion on the market for $175million - after snapping up the property for only $ 4 million in the 1990s - even as specialists warn it may be so dated it could be only torn down by its new owners.

The conservative radio legend, who died in February 2021, snapped up the 24,000-square-foot main house on Palm Beach's North Ocean Boulevard for $3.9 million in 1998 and has since bought up four neighboring properties to create a 2.7-acre estate, with an asking price of between $150 million and $175 million.

The mansion, which has its own private beach, was mainly decorated by Rush himself and features an extensive salon in the style of the Palace of Versailles and has the main guest suite sported after the Presidential Suite of the Hotel George V in Paris, the Wall Street Journal reports.

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However, property experts have proposed that this could actually hold the property back as it may be considered a "tear down" to shoppers who want a less dated, and more modern home.

Rush's widow Kathryn has quietly brought the home, which has not been featured on popular sales websites, to the market. Kathryn, 45, was the radio host's fourth wife, married in a ceremony that featured a performance by Elton John in 2010. He had no children. The property is owned by a trust tied to the widow.

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Real estate has blasted in the Palm Beach area since the start of the pandemic, with sales totaling tens and hundreds of millions of dollars for the likes of Oracle co-founder Larry Ellison.

Experts have announced a confluence of people working from home and moving away from big cities to small towns and sunny locales plus an increase in construction costs because of supply chain matters, according to South Florida Media Network.

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The potential valuation of $175 million, if achieved, would break Ellison's $173 million record for real estate sales.

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Limbaugh - a man with a net worth of roughly $600 million when he died - paid $3.9 million for the main estate in 1998. Limbaugh's ex-wife, Marta, paid $2.3 million for the home at 108 Mediterranean Road in 2000, and Limbaugh's trust paid $450,000 for the house next door, at 1501 North Ocean Boulevard, in 1999.

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An Army of One, a book profiling Limbaugh in 2010 by author Zev Chafets, details how the conservative icon largely decorated the estate himself.

"It reflects the things and places he has seen and admired," Chafets wrote. "The house had a vast salon meant to suggest Versailles," he wrote, "and a massive chandelier in the dining room was a replica of the one in New York's Plaza Hotel."

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The main house has seven bedrooms, a dozen bathrooms and a two-story library encouraged by the Biltmore Estate in North Carolina which contained wood-painted walls and "cherubs dancing on the ceiling," according to Chafets' book. The library furhter features an elevator.

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The mansion further includes hundreds of feet of oceanfront property, as well as a pool and a putting green for golf.

A 24-hour guard station is among the various structures the Limbaughs purchased to go along with the mansion.

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The estate further contains a guest house that is meant to be a replica of the Hotel George V's Parisian Presidential Suite.

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Limbaugh likewise built his own studio on the property that enabled him to broadcast live every day for the last 20-plus years of his life.

It was one of the multiple properties owned by Limbaugh, who further owned a condominium on Fifth Avenue in New York City.

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Limbaugh, the radio icon and "voice of American conservatism," died in February of 2021, aged 70, after his year-long battle with lung cancer.

The Presidential Medal of Freedom Winner was diagnosed with Stage IV advanced lung cancer back in February 2020, hosted his last radio show on February 2 in which he revealed another host was on standby in case his health deteriorated.

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