London Daily

Focus on the big picture.
Monday, Jul 21, 2025

Jeffrey Epstein's $22 million Palm Beach mansion will be demolished

Jeffrey Epstein's $22 million Palm Beach mansion will be demolished

The $22 million Palm Beach mansion owned by financier and convicted sex offender Jeffrey Epstein will be demolished to make way for an even more expensive home, according to the developer who is buying it.
The six-bedroom, 14,000-square-foot waterfront home with a staff house and pool house was previously owned by Epstein, who died while in prison in 2019 after being arrested on federal charges for allegedly running a sex-trafficking enterprise between his Manhattan home and his Palm Beach estate.

The home was put on the market in July and Corcoran agent Kerry Warwick confirmed it is currently in contract for purchase.

The buyer is Todd Michael Glaser, a Florida-based developer who specializes in multimillion-dollar tear downs. Glaser said the demolition isn't in particular response to Epstein's ownership.

"We would have knocked it down either way," he said.

Glaser declined to name the sale price for the home that was listed at nearly $22 million.

The razing of the palatial home might come as welcome news to residents of the exclusive Estate Section of Palm Beach, said Glaser. Ultra-wealthy seasonal residents have homes in the neighborhood, which includes clubs like President Donald Trump's Mar-a-Lago.

Glaser said he intends to build an Art Moderne residence that he expects to be completed in the spring of 2022. He said he plans to put it on the market for around $40 million.

The neighborhood has seen some sales at that price level recently. A nearby home once owned by John Lennon and Yoko Ono was recently listed for nearly $50 million. The property sold in October for $36 million, according to property records.

There is pent up demand for this kind of super high-end property, Glaser said, with billionaires and multimillionaires looking to snap up newly constructed homes in desirable locations where there is no more land on which to build.

"There are $50 million buyers and no houses for them to buy," he said. "I've never seen a pent up demand like this. There is no inventory."

The location of the Epstein property -- which sits along the Intracoastal Waterway -- is premium, Glaser said, and a newly built home will be an additional draw.

Glaser said he recently worked on a home that sold for $50 million on Star Island in Miami Beach. The island property had a 1931 mansion on it that was relocated after calls by preservationists to protect it, according to the Real Deal.

Glaser does not anticipate that kind of reaction with the Epstein property, which was designed by architect John Volk and was built in 1950, according to the listing information from Corcoran.

"There are some unbelievable properties, many are Grand Dames," he said, referring to historically or architecturally notable homes. "This one isn't that."

Glaser, who works exclusively in Palm Beach, Miami Beach and Nantucket, said he is not interested in chasing Epstein's other properties.

Epstein's historic townhouse on the Upper East Side of Manhattan is still on the market for $88 million, according to a listing with the Modlin Group.
Newsletter

Related Articles

0:00
0:00
Close
Man Dies After Being Pulled Into MRI Machine Due to Metal Chain in New York Clinic
NVIDIA Achieves $4 Trillion Valuation Amid AI Demand
US Revokes Visas of Brazilian Corrupted Judges Amid Fake Bolsonaro Investigation
U.S. Congress Approves Rescissions Act Cutting Federal Funding for NPR and PBS
North Korea Restricts Foreign Tourist Access to New Seaside Resort
Brazil's Supreme Court Imposes Radical Restrictions on Former President Bolsonaro
Centrist Criticism of von der Leyen Resurfaces as she Survives EU Confidence Vote
Judge Criticizes DOJ Over Secrecy in Dropping Charges Against Gang Leader
Apple Closes $16.5 Billion Tax Dispute With Ireland
Von der Leyen Faces Setback Over €2 Trillion EU Budget Proposal
UK and Germany Collaborate on Global Military Equipment Sales
Trump Plans Over 10% Tariffs on African and Caribbean Nations
Flying Taxi CEO Reclaims Billionaire Status After Stock Surge
Epstein Files Deepen Republican Party Divide
Zuckerberg Faces $8 Billion Privacy Lawsuit From Meta Shareholders
FIFA Pressured to Rethink World Cup Calendar Due to Climate Change
SpaceX Nears $400 Billion Valuation With New Share Sale
Microsoft, US Lab to Use AI for Faster Nuclear Plant Licensing
Trump Walks Back Talk of Firing Fed Chair Jerome Powell
Zelensky Reshuffles Cabinet to Win Support at Home and in Washington
"Can You Hit Moscow?" Trump Asked Zelensky To Make Putin "Feel The Pain"
Irish Tech Worker Detained 100 days by US Authorities for Overstaying Visa
Dimon Warns on Fed Independence as Trump Administration Eyes Powell’s Succession
Church of England Removes 1991 Sexuality Guidelines from Clergy Selection
Superman Franchise Achieves Success with Latest Release
Hungary's Viktor Orban Rejects Agreements on Illegal Migration
Jeff Bezos Considers Purchasing Condé Nast as a Wedding Gift
Ghislaine Maxwell Says She’s Ready to Testify Before Congress on Epstein’s Criminal Empire
Bal des Pompiers: A Celebration of Community and Firefighter Culture in France
FBI Chief Kash Patel Denies Resignation Speculations Amid Epstein List Controversy
Air India Pilot’s Mental Health Records Under Scrutiny
Google Secures Windsurf AI Coding Team in $2.4 Billion Licence Deal
Jamie Dimon Warns Europe Is Losing Global Competitiveness and Flags Market Complacency
South African Police Minister Suspended Amid Organised Crime Allegations
Nvidia CEO Claims Chinese Military Reluctance to Use US AI Technology
Hong Kong Advances Digital Asset Strategy to Address Economic Challenges
Australia Rules Out Pre‑commitment of Troops, Reinforces Defence Posture Amid US‑China Tensions
Martha Wells Says Humanity Still Far from True Artificial Intelligence
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
U.S. Resumes Deportations to Third Countries After Supreme Court Ruling
Excavation Begins at Site of Mass Grave for Children at Former Irish Institution
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
EU Delays Retaliatory Tariffs Amid New U.S. Threats on Imports
Trump Defends Attorney General Pam Bondi Amid Epstein Memo Backlash
Renault Shares Drop as CEO Luca de Meo Announces Departure Amid Reports of Move to Kering
Senior Aides for King Charles and Prince Harry Hold Secret Peace Summit
Anti‑Semitism ‘Normalised’ in Middle‑Class Britain, Says Commission Co‑Chair
King Charles Meets David Beckham at Chelsea Flower Show
If the Department is Really About Justice: Ghislaine Maxwell Should Be Freed Now
NYC Candidate Zohran Mamdani’s ‘Antifada’ Remarks Spark National Debate on Political Language and Economic Policy
×