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Billionaire John Malone just dropped $38 million on this Florida mansion

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John Malone just added a new trophy to his massive property collection.

As reported by The Wall Street Journal, the chairman of Liberty Media Corp. paid $38 million for a mansion on Jupiter Island.

The former home of Horst Brandstätter — the founder of Playmobil — this beachfront estate has it all.

Originally listed at $45 million, the sale was brokered by Ken and Kandyce Meierling of Engel & Völkers.

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Built in 1997, this 22,057-square-foot home sits on over nine acres of land with Atlantic and Intracoastal views.

 



The property stretches 506 feet along the ocean and 510 feet along the Intracoastal. That kind of location affords some pretty fantastic seascapes.



The estate shelters an 8,400-square-foot main house with three bedrooms, a guest house, and a 3,000-square-foot beach house with two bedrooms, an office, and a kitchen.



See the rest of the story at Business Insider

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