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Kennedy Palm Beach Winter White House Sells for $31 Million

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The famed Kennedy Winter White House, longtime Palm Beach family home of the Kennedy clan, has sold for $31 million reports the Palm Beach Post. Built in 1925 for Rodman Wanamaker, the department store magnate, by Palm Beach society architect Addison Mizner, the house was purchased by John F. Kennedy's father, Ambassador Joseph Kennedy for $120,000, who would commission Maurice Fatio to add a wing and also put in a tennis court and swimming pool over the years. As President, JFK held "press conferences and presidential meetings here" and the family held on to it until 1995, finally selling it for $4.9 million in 1995. By then in a ruinous state, the new owner gave it a top to bottom restoration, stocking it full of Kennedy family treasures from its golden era, and judging from the listing photos it never looked better. Originally listed for $38.5 million, the 15,000 square foot house with an expansive ocean frontage sold for a still-impressive $7.5 million under ask.

· Former Kennedy Compound in Palm Beach Fetches $31 million [Palm Beach Post]
· JFK's Winter White House in Palm Beach Wants $38.5 Million [Curbed National]