Rosie O'Donnell's Star Island Mansion Hits the Market for $54 Million: A Celebrity Property with a Rich History
The real estate market is buzzing with excitement as Rosie O'Donnell's former mansion on Miami's prestigious Star Island has been listed for an astounding $54 million. This stunning waterfront estate, which once belonged to the beloved comedian, is now up for grabs nearly two decades after she sold it for a mere fraction of that price.
A Glimpse into Star Island
Star Island is an exclusive celebrity enclave in Miami, known for its lavish homes and high-profile residents. Currently, it is home to stars like Sean "Diddy" Combs, who owns two residences in the area. The community is renowned not just for its luxurious homes but also for its serene ambiance and breathtaking views of Miami's skyline and the bay.
The Property: A Waterfront Paradise
The 11,000-square-foot estate sits on an acre of lush land and has undergone significant renovations under its most recent owners. The current listing, represented by Liz Hogan of Compass, highlights a Mediterranean-style main house that boasts eight bedrooms, complemented by two guesthouses and a private boathouse.
Key Features of the Estate
- Private Dock and Boat Lift: The property includes a private dock with a 40,000-pound boat lift, perfect for aquatic enthusiasts.
- Luxurious Amenities: Families can enjoy a spacious swimming pool complete with a water slide, while the home offers multiple entertaining spaces, including a grand double-height foyer.
- Stunning Views: With over 200 feet of prime waterfront, the estate provides breathtaking views that make it a true oasis.
A Journey Through Time
Originally built in 1923, O'Donnell purchased the home for $6.75 million in 1999, shortly after her breakthrough role in the film "A League of Their Own." Just four years later, she sold it to real estate investor Dr. David Frankel and his wife Linda Frankel for $16.5 million, making a profit of around $10 million.
During their ownership, the Frankels made extensive renovations, transforming the estate into a modern masterpiece. After David's passing in March 2024 and Linda's death later that year, their son Greg Frankel, an attorney and former music executive, took charge of the property. Despite living there for 18 months with his family while their own home underwent renovations, he ultimately decided to list the estate due to its location further from his children's school.
Unique Features and Rich History
The mansion is not just notable for its celebrity owners but also for its intriguing past. Before O'Donnell's ownership, the property was linked to the Ethiopian Zion Coptic Church, a religious group that generated controversy among Star Island residents due to their public use of marijuana.
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A Legacy in the Making
The listing describes the property as "a generational opportunity to purchase on Miami Beach’s most coveted guard-gated Star Island." It captures the essence of luxury living, combining both modern elegance and a rich history. Potential buyers are encouraged to act quickly, as this estate represents a rare chance to own a piece of Miami's elite real estate.
Recent Events on Star Island
Adding to the drama surrounding Star Island, Diddy was recently involved in a high-profile legal case that drew significant media attention. In March 2024, Homeland Security agents executed a search warrant on his property as part of a sex trafficking investigation. Following this, Diddy faced serious charges, including racketeering and sex trafficking, which he vehemently denies. His legal troubles have put a spotlight on the exclusive island, making it a focal point of both celebrity culture and scandal.
Rosie O'Donnell's former mansion on Star Island is more than just a property; it's a symbol of celebrity life, showcasing the blend of luxury, history, and modern living that Miami is known for. With its impressive features and prime location, this listing is expected to attract serious buyers looking to invest in one of the most desirable neighborhoods in the United States.
