Billionaire Home Builder Lists Oceanfront Palm Beach, Florida, Mansion for $48.85 Million [MarketWatch]
NVR, Inc. (NVR)
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Source: MarketWatch
owner of the NFL's Washington Commanders, has launched his oceanfront mansion in Palm Beach, Florida, onto the market for $48.85 million. The five-bedroom home stands opposite the Atlantic Ocean and is one of the priciest offerings for sale currently in the exclusive South Florida enclave, which counts actor Sylvester Stallone , fashion designer Tommy Hilfiger and billionaire hedge-fund manager Ken Griffin among its well-to-do residents. More: Taylor Swift's Former NYC Home to Rent for $45,000 a Month No telling details regarding the 8,146-square-foot home are revealed in its latest listing with Lawrence Moens of Lawrence A. Moens Associates, Inc., who didn't immediately respond to a request for comment. However, a prior listing outlines that the three-story mansion was designed and built by prominent architect Maurice Fatio, who was inspired by centuries-old Mediterranean architecture. Mr. Schar, 80, who is worth an estimated $1.9 billion, according to Forbes, snapped up th
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