Hedge fund titan Larry Robbins adds another jewel to his real estate portfolio, acquiring a stunning mansion nestled within Palm Beach Gardens’ prestigious Old Palm Golf Club for a cool $13.9 million. The property, located at 11759 Elina Court, exchanged hands from John and Margaret Hague to Robbins’ Elina PBG Holdings LLC, marking a significant transaction in the luxury real estate market.
Represented by Vince Marotta of Illustrated Properties, both parties remained tight-lipped about the deal, leaving the property to speak for itself. Boasting an impressive 12,400 square feet on 0.8 acres, this meticulously designed mansion features eight bedrooms, seven bathrooms, and one half-bathroom, complemented by lavish amenities including a pool, gym, theater, club room, and even a two-bedroom guest house with a kitchenette.
Robbins, the mastermind behind Glenview Capital Management, boasts a personal net worth of $1.9 billion, according to Forbes. This acquisition comes amidst his listing of a $55 million Upper East Side penthouse in New York earlier this year, as reported by the Wall Street Journal.
The Old Palm Golf Club, known for its exclusivity and allure, continues to attract high-profile buyers like Robbins. From financiers to CEOs, the allure of Palm Beach Gardens’ luxury gated communities remains unparalleled. With notable residents like Robert Johnson and Ben Carson, it’s no wonder this enclave is synonymous with opulent living.
As Palm Beach Gardens maintains its status as a haven for the elite, Robbins’ latest acquisition underscores the enduring appeal of luxury real estate in this coveted locale.
