Supermodel Elle Macpherson sold her mansion in Coral Gables for $18.5 million.
Bumda Trust, a hidden trust managed by an attorney, acquired the 8,935-square-foot, six-bedroom and six-and-a-half-bathroom home at 9550 Journeys End Road, property records show.
Macpherson paid $8.1 million for the 1.7-acre property in 2018. She listed it for sale two years ago for $29 million. It was most recently asking $22 million, according to the listing. Douglas Elliman’s Pablo Alfaro and Lourdes Alatriste were the listing agents. Judy Zeder of the Jills Zeder Group at Coldwell Banker represented the buyer.
Macpherson, an actress and businesswoman, was previously married to developer Jeffrey Soffer. They lived together in Indian Creek Village. She purchased the Journey’s End estate one year after their divorce was finalized.
The Coral Gables home is not waterfront but it includes a boat slip at the Journey’s End Marina. The property has a pool, home office, gym, a chef’s kitchen, and primary suite. It was renovated in 2017, according to the listing.
Journey’s End is a gated, waterfront community near other gated neighborhoods in Coral Gables such as Gables Estates and Cocoplum.
In August, Francisco Unanue, a scion of the family that founded and runs Goya Foods, sold a waterfront lot in Gables Estates for $18.5 million to a company managed by developer Alex Pirez.
Despite price reductions, many homes are selling for more than their previous sale prices.
In July, the CEO of a San Francisco-based lending firm and his wife, a vegan cosmetics company founder, sold their Gables Estates mansion for $27.5 million. They acquired the property in 2020 for $13.6 million.
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