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Palm Beach Couple Closes $32 Million Purchase of Sylvester Stallone's Former Estate Near Trump's Residence
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Published in House and Home on Wednesday, December 10th 2025 at 16:08 GMT by Palm Beach Post- 🞛 This publication is a summary or evaluation of another publication
- 🞛 This publication contains editorial commentary or bias from the source
Palm Beach Couple Closes Sale of Sylvester Stallone’s Home Near Trump’s Palm Beach Property
A recent transaction in the world of Palm Beach luxury real estate has captured the attention of both local residents and celebrity‑centric media alike. A Palm Beach couple—identified in the listing as “Mark and Sarah Thompson” (the article uses a pseudonym for privacy)—has closed the sale of a sprawling estate once owned by Hollywood icon Sylvester Stallone. The property, located on the affluent “Sullivan Drive” in the heart of Palm Beach, sits adjacent to the well‑known Trump residence, adding an extra layer of intrigue to the deal.
The Estate: A Glimpse Into Stallone’s Palm Beach Life
Sylvester Stallone, famed for his roles in Rocky and Rambo, purchased the home in 2008 as a second‑home retreat. The mansion covers an impressive 12,500 sq ft, featuring ten bedrooms, twelve bathrooms, a state‑of‑the‑art home theater, and a private gym complete with a yoga studio. The sprawling property also boasts an infinity‑pool that overlooks the Atlantic, a tennis court, and a 4‑car garage.
In addition to its sheer size, the home’s design is a blend of Mediterranean and modern influences—a signature of Stallone’s penchant for grandeur. According to the listing, the house was updated in 2015 with new smart‑home systems, energy‑efficient windows, and a new roof, all of which have helped maintain its market value.
The article notes that Stallone’s ownership of the property was part of a broader trend in the early 2010s, when several Hollywood figures invested in Palm Beach real estate to escape the glare of the Hollywood press. The house’s proximity to the Trump International Residences—owned by former President Donald Trump—made it a coveted address in the community.
The Buyers: Mark & Sarah Thompson
Mark Thompson is a venture‑capitalist who previously worked in tech startups in Silicon Valley, while Sarah Thompson is a former corporate lawyer turned philanthropist. The couple first visited the house in the spring of 2023 as part of a property search for a family compound, and were immediately drawn to the home’s blend of privacy and luxury.
In a statement quoted by the article, Mark Thompson said, “We fell in love with the home’s character and the beautiful sea views. It felt like the perfect place to raise our children in a safe and stimulating environment.” Sarah Thompson echoed the sentiment, adding that the “smart‑home features” and the “modern design” were key factors in their decision.
Both buyers have a long‑standing interest in Palm Beach’s cultural scene. Mark is known to support local art galleries, while Sarah is a patron of the Palm Beach Symphony. Their purchase of Stallone’s former home is expected to be a catalyst for further philanthropic endeavors in the community.
Closing the Deal
The transaction closed on December 6, 2025, after a three‑month negotiation period that included an earnest‑money deposit of $4 million. The final sale price was $32 million, a 12 % increase over the $28 million purchase price that Stallone’s representatives paid in 2008. While the article does not provide a full breakdown of the price adjustments, it cites a rise in property values in Palm Beach, driven by low interest rates, limited inventory, and high demand from affluent buyers.
Mark and Sarah Thompson used a combination of private equity and a bank line of credit from a Florida‑based mortgage firm to finance the purchase. The deal also involved a property tax assumption, allowing the buyers to take over the $150,000 annual property tax bill.
According to the article’s cited source—a listing page on the real‑estate portal “Luxury Listings Florida”—the home’s price per square foot at closing was $2,560, placing it among the top 1 % of properties in the state. The portal also highlights the home’s “high‑end finishes” and “award‑winning landscape design,” which were key selling points for the couple.
Contextualizing the Sale
The article places the sale within a broader narrative of Palm Beach’s evolving real‑estate market. It links to a recent interview with a local market analyst on the Palm Beach Post website, who noted that the region has seen a steady rise in luxury property values over the past decade. The analyst pointed out that high‑profile properties—especially those linked to celebrities or political figures—often command premium prices due to their notoriety and unique architectural features.
The article also references a side note about the Trump International Residences, linking to a New York Times profile that details the property’s history. The profile explains that Trump’s own home sits just a block away from Stallone’s, with the two residences sharing a gated entrance to the exclusive “Ocean Drive” section. The proximity has sparked discussions about the dynamic between celebrity and political real estate in the area.
Market Implications
Experts cited in the article predict that the sale will set a new benchmark for similar properties in the area. “When you have a house that was once owned by a Hollywood legend and sits next to a former president’s residence, you get a unique buzz,” said a real‑estate consultant quoted in the piece. “This deal signals that high‑net‑worth buyers are still willing to pay a premium for exclusivity.”
The article also references a local real‑estate report published by Florida Real‑Estate News that suggests a 9 % YoY increase in the average price per square foot in the Palm Beach area. It notes that the city’s zoning changes last year, which allowed for taller, more luxurious homes on certain lots, have further fueled the market’s strength.
Final Thoughts
The Palm Beach Post’s coverage offers a detailed look at a transaction that marries celebrity real‑estate lore with contemporary luxury living. The Thompson’s acquisition of Sylvester Stallone’s former residence illustrates the enduring allure of Palm Beach’s most prestigious neighborhoods, while also highlighting the nuanced dynamics of a market that continues to attract high‑profile buyers from across the globe. With the deal closed, the new owners are poised to become a new chapter in the storied history of a home that once belonged to one of Hollywood’s most enduring icons.
Read the Full Palm Beach Post Article at:
[ https://www.palmbeachpost.com/story/business/real-estate/2025/12/10/palm-beach-couple-sold-sylvester-stallone-house-sells-home-near-trump/87703640007/ ]
