The most expensive is a $95 million listing for a gated lakefront estate at 1460 N. Lake Way, next door to Hollywood icon Sylvester Stallone’s home on the far North End. Agent Margit Brandt of Premier Estate Properties holds is representing that property.
Billionaire Ford bought the award-winning house at 241 Jungle Road in late 2022 and then sold it to Brian and Andrea Kosoy, who just listed it for sale.
Darrell Hofheinz
Ford paid $51 million for the Estate Section house at 241 Jungle Road in December 2022 and sold it five months later in an unusual house-swap transaction to private-equity specialist and real-estate manager Brian Kosoy and his wife, Andrea. The Kosoys simultaneously transferred ownership of their nearby landmarked estate to Ford in the private deal. The transaction was said to be valued at more than $100 million, although terms of the deal were never disclosed.
The Palm Beach Daily News is the first media outlet to report the new listing on Jungle Road.
Built in 2016, the house on Jungle Road was Ford’s first purchase in Palm Beach and came shortly after he sold his eponymous fashion brand to Estée Lauder Cos., which valued it at $2.8 billion.
With a total of six bedrooms, the Kosoys’ estate comprises two single-story buildings affording a combined 12,914 square feet of living space, inside and out, according to property records. On the north side of Jungle Road, the lake-block property measures about an acre.
Featuring a crisp, clean-lined silhouette, the one-story main residence is separated from the similarly styled guesthouse by a swimming pool. The two buildings have gallery-white exteriors, flat roofs and custom-designed 13-foot-tall French doors. The floorplan of the main residence revolves around an open-air courtyard.
The property lies about a half-mile south of Worth Avenue and about a mile north of former President Donald Trump’s Mar-a-Lago Club.
The Kosoys have the property homesteaded as their primary residence in the latest Palm Beach County property tax rolls. They listed the house Oct. 30 with broker Christian Angle of Christian Angle Real Estate, according to the multiple listing service.
Brian Kosoy founded and is managing principal and CEO for West Palm Beach-based Sterling Organization. The company invests in retail properties and other real-estate assets, according to its website. Kosoy and his wife are longtime Palm Beach residents.
Angle’s sales listing describes the estate as “perfect for entertaining with expansive living spaces” that include a formal living room with a fireplace, a formal dining room, a billiards room, a library and a home gym. The living room has 15-foot ceilings, whereas other ceilings are 14 feet high.
There also are “excellent al fresco spaces” including a dining patio and loggia, the sales listing says.
The well-equipped kitchen, meanwhile, was designed around an oversize work island. The family room, which is open to the breakfast area and kitchen, looks out to a loggia and guesthouse.
The estate was completed as a custom home for longtime residents — home-shopping mogul James Held and Kenn Karakul, who serves on the town’s Architectural Commission.