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Trophy Florida estate for sale at US$59 million

He acquired an exceptional collection of oceanfront properties over the course of 30 years in an exclusive beach enclave including a 1921 Addison Mizner designed house.
The compound in the heart of Palm Beach’s estate section, originally comprised of five residences on lushly landscaped grounds, and the sale proceeds will be used for student scholarships at Columbia University.

Kluge combined the five parcels of land to create the huge estate in 1995 and named Casa Sin Nombre. It has exotically landscaped grounds with more than 21,000 square feet of living areas including the renovated and expanded 12,000square foot garden house built in 1935 which Kluge used as his residence.

It also has a 6,000 square foot ocean front house designed in 1921 by society architect Addison Mizner in the Mediterranean Revival style and three separate buildings to accommodate staff and/or guests.

The property was used frequently by Kluge for charity events, and is considered to be one of Palm Beach’s most iconic estates, according to sales agents. It also includes a private beach and exceptional ocean views and is ideally situated within easy distance of Worth Avenue stretching between Ocean Boulevard and South County Road.

Kluge donated the estate to his alma mater, Columbia University. The donation is part of a $400 million pledge made by him to Columbia in 2007, earmarked exclusively for student scholarships.
Kluge’s pledge to Columbia is the largest ever devoted exclusively to student aid at a single institution of higher education in United States.

The Corcoran Group agents, Paulette Koch and Dana Koch, and Brown Harris Stevens agents, Carole Digges and Carole Hogan are representing the property on behalf of Columbia University. Christie’s International Real Estate will provide global marketing services.