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Céline Dion's Jupiter Island Estate in Frorida Cuts Price to $38.5 Million

The French Canadian performer initially listed the extravagant Florida property, having its very own water park, for $72 million in 2013.

Singer Céline Dion is one more time cutting the price of her Florida property with features a water park, now to $38.5 million.

The singer continues to be working to unload the oceanfront, Bahamas-inspired home on Jupiter Island since 2013, when she first listed it for $72 million. After her hubby René Angélil passed away recently, she dropped the price to $45.5 million.

Joseph Montanaro of Sotheby’s International Realty Quebec, who claimed he has long worked with Ms. Dion, said she invested a lot more than the present asking price to build the home, which she and Mr. Angélil constructed in 2010. On approximately 5½ oceanfront acres with 415 feet of sandy beach, the roughly 10,000-square-foot main house has 5 bedrooms ; Ms. Dion’s walk-in cabinet has fully automated clothing and also shoe racks.

There are 3 pools. Mr. Montanaro stated the water park, constructed for the couple’s kids, features 2 slides, a bridge over a lazy river, a tree house as well as 8 water cannons. Beside the tennis court, which twice as a basketball court, a tennis pavilion includes a gym and a golf simulator. The grounds have 2 four-bedroom guest houses, a pool house along with a beach house with a massage room.

Ms. Dion as well as Mr. Angélil acquired part of the land in 2005 for $12.5 million followed by bought the nearby property in 2008 for $7 million, based on public records. The couple demolished the house on the first property to create their present stretch.

The singer is selling simply because she currently lives mostly in Las Vegas, in which her Caesars Palace show contract has been stretched out until 2019, and the house is “not being used,” said Mr. Montanaro. Mr. Montanaro had the listing for the singer’s Montreal-area property, which he said she sold a year ago. He refused to stipulate the sale price but said the asking price was $25.5 million. Ms. Dion couldn’t be reached for comment.

In 2015 a waterfront property on Jupiter Island sold for $38 million, however the high end real estate market in the area has since sputtered. “Last year was very slow,” according to Susan Turner of Waterfront Properties and Club Communities, who has an 8½-acre Jupiter Island estate available for $65 million. Yet, she said she’s seen activity pick up since the presidential election.

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Jaja Moscoso

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