The 5.7-acre property has a Bahamian-style home that is
nearly 10,000 square feet with five bedrooms and five en suite bathrooms, a
formal living room with vaulted ceilings, a screened-in porch, a media room, an
elevator and guest wing. The master suite has a walk-in closet with an
automated rack for clothing and an automated carousel for shoes. It also has a
wraparound terrace and two decks, one with an fireplace and another with a hot
tub.
The property includes an eight-bedroom guesthouse, a tennis
house with a simulated golf range, a pool house and a beach house with a
sleeping loft and massage room. There are three pools, one at the rear of the
property by the Atlantic Ocean, and two connecting pools at the front that have
their own water park, with two slides, a bridge over a lazy river and watergun
"stations." The property has more than 400 linear feet on the ocean
and has a four-car tandem garage and an additional three-car garage.
Ms. Dion and her manager husband, René Angélil, bought part
of the land under her Canadian firm, Renlec Management, in 2005 for $12.5
million and then bought the adjacent property in 2008 for $7 million also under
Renlec, according to public records. The couple razed the home on the first
property to build their current spread, which was completed in 2010, according
to listing broker Joseph Montanaro, of Sotheby's International Realty Quebec.
Mr. Montanaro says Ms. Dion is selling the property because
she's going to be spending more time in Las Vegas, where her Caesars Palace
show contract has been extended until 2019. Ms. Dion didn't respond to requests
for comment.
Mr. Montanaro shares the listing with Cristina Condon of
Sotheby's International Realty in Palm Beach.
Timbaland Puts Miami Condo On the
Market For $5.5 Million
Music producer Timbaland has put his
4,000-square-foot Miami Beach condominium on the market for $5.5 million.
Celine Dion is putting her Jupiter Island, Fla., compound on
the market for $72.5 million. Alyssa Abkowitz has a peek into this week's
Private Properties. Photo: Alexandre Parent .
The condo has three bedrooms and five
bathrooms and is located in the Murano Grande, a luxury complex consisting of
three interconnected towers that form one structure, which was built in 2003.
The monthly maintenance costs are $2,914.
The unit has Portuguese bush-hammered
limestone columns and French limestone floors. It also has floor-to-ceiling
windows with views of the city.
Timbaland, who has produced music for
Justin Timberlake, Madonn Jay Z, and Nelly Furtado and whose real name is
Timothy Zachery Mosley, bought the condo in 2006 for $2.7 million. He recently
completed $2 million worth of renovations on it with Shlomy Alexander, the
developer of 3 Indian Creek, a single family home in Miami that broke records
when it sold for $47 million last year.
Although Timbaland renovated the unit,
he never actually lived in it, says his broker, Oren Alexander of Douglas
Elliman. The producer is now selling because he "realized the demand for
this size apartment fully renovated, and he would like to seize the opportunity"
to sell, says Mr. Alexander. Timbaland declined to comment.
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