A Connecticut estate once owned by former President Donald Trump and his late ex-wife Ivana has returned for sale — and for way less than its original 2014 asking price.
The approximately 6-acre waterfront estate in affluent Greenwich once asked a tidy $54 million for sale, The Wall Street Journal reports. Having bounced on and off the market for more than 10 years, it now asks $29.9 million.
The Georgian mansion currently encompasses some 20,000 square feet and offers panoramic views of the Long Island Sound. In a former life, the Trumps owned it in the 1980s. Ivana, who passed away in July at age 73 after falling down the stairs in her Manhattan home, kept it following their 1992 divorce.
The property’s current owners, financier Robert Steinberg and his wife Suzanne Steinberg, purchased it in 1998 for $15 million.
After their purchase, the couple spent some two years renovating the structure — removing gilded touches and tacking on an extra 5,000 square feet, which include an indoor pool for laps and two apartments for guests. Outside, the Steinbergs put in a tennis court and a putting green — and even rebuilt the sea wall and fixed the outdoor pool.
As for its other inclusions, there are eight bedrooms, staff quarters and even a movie theater. Property images also show a living and dining area under a beamed and vaulted ceiling, oversize windows, a number of fireplaces, a formal dining room with space for 18, a massive all-white kitchen with plenty of storage and a handsome twin, curved staircase.
The family first listed it in 2009 for $50 million, the Journal notes. It returned in 2014 for that $54 million sum; more recently, it asked $32 million. The couple now spends most of their time in Delray Beach, Florida, where they built a home.
“I had priced it at a very high price initially with the concept that if someone really wants it, I guess I’ll sell it,” Robert Steinberg told the outlet. “But I mispriced it.” He added that in the subsequent years, prospective buyers came in without making any real offer — and Steinberg even rejected offers to sell the property in pieces.
“I had one Chinese buyer [who] was seriously interested, but his feng shui adviser told him it wasn’t right,” he said.
Rob Johnson, of Brown Harris Stevens, has the listing. He told the Journal that a still-deep-pocketed buyer could keep the property as is — or, because it spreads across multiple lots, redevelop it into waterfront homes.
Ex-Brit turned Manhattan resident since 2008.