Jon Bon Jovi Buys $43 Million Palm Beach, Florida, Mansion

The rocker just parted ways with another—much less expensive—home in the area

Jon Bon Jovi just spent $43 million on a Palm Beach mansion.
COMPOSITE: BING; GETTY IMAGES

As part of his recent real estate portfolio reshuffling, rocker Jon Bon Jovi has dropped $43 million on an oceanfront estate in the upmarket Florida enclave of Palm Beach.

Mr. Bon Jovi, 58, bought the multi-million dollar mansion on Friday, the same day he unloaded another, nearby Palm Beach property for $20 million. Mr. Bon Jovi used the same entity for both transactions, property records show.

Built in 2007, the Mediterranean-style spread spans more than 10,000 square feet. It has “rich finishes, beautiful marble and hardwood floors, stunning limed cypress coffered ceiling details, and intricate millwork throughout,” according to the listing with Christian Angle of Christian Angle Real Estate. Mr. Angle did not immediately respond to a request for comment.

The seven-bedroom home had been on the market since January asking $44.9 million, listing records show.

Along with its decadent finishes, the property has high-end amenities, including an exercise room, a temperature-controlled wine cellar, two elevators, two oceanfront loggias, a courtyard pool and cabana, and a sprawling primary bedroom suite with a sitting room, walk-in closets and a private balcony.

The property the star sold—less than three miles away from his new buy—has recently completed construction and has oak and limestone flooring, an elevator, a library and ocean views from almost every room.

The “Livin’ On A Prayer,” singer, who could not be reached for comment, is also looking to part with a riverfront estate in his native New Jersey. The $20 million mansion, inspired by a French chateau, has its own private pub, a loft-style music studio, a movie theater and a heated pool with cabanas.

The Real Deal first reported the sale.