Sunday, 15 May 2016

Prior owner repurchases lakefront Palm Beach home

124 Parc Monceau in Palm Beach

124 Parc Monceau in Palm Beach


Interior decorator Donna Ward just paid $5.6 million to repurchase a lakefront house in Palm Beach that she sold in 2008 for $4.5 million.


“I love that house,” Ward told the Palm Beach Daily News. “It has the best view of the lake.”


Her six-bedroom house at 124 Parc Monceau is one of three lakefront residences along a cul-de-sac on the lake side of the lake-to-ocean street in the South End neighborhood of Palm Beach.


Ward, a seasonal resident of Palm Beach, bought the house from a limited liability company bearing the name of the property's address and associated with the late A. Paul Prosperi, who died in March.


In May 2008, Ward sold the house for $4.5 million to a firm named Greenway Financial Group LLC, which subsequently sold it for slightly less than $5 million in 2014 to an entity linked to Prosperi. [Palm Beach Daily News] Mike Seemuth


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