Front YardEngel & Volkers
Model Elle Macpherson must be great at negotiation. She recently purchased a 7-bedroom, 6.5-bathroom spacious contemporary in Coral Gables, Florida for much less than its asking price and a mere fraction of the $53 million she reportedly received in her divorce settlement from billionaire real estate developer Jeff Soffer.
The house had previously been listed for $11.4 million and came down in price several times only to land at $8.9 million. But Macpherson got an even better deal than that with country records showing a final purchase price of $8.1 million. At over 8,300 square feet and 1.71 acres the home sits inside the Journey’s End Homeowners Association gated community with access to tennis courts and a communal boat marina. But the home also comes with a private salt water pool in the backyard.
The house is on 1.71 acres.Engel & Volkers
The front entrance has a sweeping staircase in the double-height foyer.
A balcony looks over the foyer.Engel & Volkers
The kitchen is gleaming white, except for the stainless steel appliances. The painted brick wall softens the room slightly from all the hard edges of the granite countertops.
KitchenEngel & Volkers
The nearby pantry has a fancy climate controlled wine storage system.
PantryEngel & Volkers
One of the bathrooms is this sleek room with a stall shower and separate bath tub.
BathroomEngel & Volkers
With only 18 homes in the Journey’s End community, Macpherson had to apply to join and, luckily, the decision-makers didn’t turn her away. She’s moving in to a pedigreed city with Coral Gables having been home to celebrities such as Marc Anthony and Karent Sierra of Housewives of Miami.
Follow me on Twitter @amydobsonRE