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Coldwell Banker's The Jills Zeder Group Lists Waterfront 'Tranquility' Estate at 382 S. Beach Road in Hobe Sound, Owned by Greg & Kirsten Norman, for $59.9 Million

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The Jills Zeder Group has listed the luxurious 'Tranquility' estate in Hobe Sound, owned by Greg Norman and Kirsten Norman, for $59.9 million. This expansive property encompasses over 31,800 square feet of living space on an 8.31-acre lot, featuring amenities like a Pool House, Beach House, and Intracoastal dockage for a 150-foot yacht. The estate offers both oceanfront and Intracoastal access, designed for privacy and entertainment. Jill Hertzberg and Michelle Thomson are the listing agents.

Positive
  • Listed estate valued at $59.9 million represents a significant asset in luxury real estate.
  • The property spans 31,800 square feet, featuring multiple luxury structures suitable for entertaining.
  • Strategic location providing both oceanfront and Intracoastal access enhances property value.
  • High-end design and renovations may attract wealthy buyers looking for luxury properties.
Negative
  • The high listing price of $59.9 million may limit the pool of potential buyers.
  • Market fluctuations in luxury real estate could affect the sale timeline and price.

MIAMI, Jan. 29, 2021 /PRNewswire/ -- The Jills Zeder Group has listed the breathtaking, more than 31,800-square-foot "Tranquility" estate/compound owned by Greg Norman, the former No. 1 golfer in the world and an Australian entrepreneur, and wife Kirsten (Kiki) Norman, a hospitality design expert and founder of Norman Design Group. Located at 382 S. Beach Road on the prestigious Jupiter Island in Hobe Sound, the estate is listed for $59.9 million. The Normans completely rebuilt the estate's Main House, Pool House and Beach House, and all other areas of the estate have been extensively renovated. See the property photos.

Jill Hertzberg, of Coldwell Banker Realty's The Jills Zeder Group, and Michelle Thomson of Coldwell Banker Realty's The Thomson Team, are representing the sellers.

One of the original ocean-to-Intracoastal estates on Jupiter Island, the full compound of buildings, situated on a sprawling 8.31-acre lot, was built for entertaining and welcoming visitors. It boasts more than 31,800 total square feet of living space, including the Main House, Coach House, Pool House, Tennis House, Boat House, Carriage House, Beach House, and Orchid House. With 10 bedrooms, 12 bathrooms, six half-bathrooms, 172 feet of oceanfront water frontage, and 370 feet of water frontage on the Intracoastal Waterway, the estate sports a modern tropical and yacht-inspired feel. The estate's Intracoastal dockage is suitable for a 150-foot yacht.

The entire estate spans from the ocean's edge to the Intracoastal. Featuring transitional Cape Cod/cottage style architecture, the property offers both Intracoastal and ocean access. The main property is located on the Intracoastal, while the Beach House is situated on the Atlantic Ocean. It beckons with the utmost in privacy, as there is a nature conservancy across the Intracoastal.

With 20 years of hospitality design, Kiki Norman found inspiration for the home's design from the couple's world travels to places; plus the style of Ralph Lauren. French architect Christian Liaigre was a major influence on the design elements, colors, and finishes. 

Quotes:
"Having grown up on the beach in the tropics of Australia, my search for the perfect property in America allowing me to incorporate all my needs from privacy, security, a dock for my boats, and direct access to the beach and ocean, was fulfilled when I was blessed enough to come across 'Tranquility' in 1991. It is a blend of everything I love in life and about life. The new build of our main house under the passionate and professional eye of my wife Kiki only elevated the entire property to another level."
-- Greg Norman

"I designed this estate to feel luxurious, but also warm and casual. It caters to our 'barefoot elegance' lifestyle. My vision was to create a sanctuary ― a place that felt like we are on a permanent holiday; and a gathering place for friends and family. The basis of my design was an open floor plan, maximizing light and coastal views from every aspect." 
-- Kiki Norman

About The Jills Zeder Group: The Jills Zeder Group, affiliated with Coldwell Banker Realty, is comprised of three families, all of whom are major players in the luxury residential real estate business. These families include Jill HertzbergJill Eber and Felise Eber; and Hertzberg's children Danny Hertzberg and Hillary Hertzberg; and Judy Zeder and her children, Nathan Zeder and Kara Zeder Rosen. Prior to The Jills Zeder Group's formation in 2019, the families closed a combined total of more than $6 billion in real estate sales, including collaborating on multiple luxury sales in the Coral Gables market. With offices in Miami Beach and Coral Gables, The Jills Zeder Group specializes in high-end, multimillion-dollar luxury properties in South Florida's most elite enclaves, representing celebrities, Fortune 500 executives, and a diverse international clientele. They offer incomparable knowledge and services to luxury real estate clients. For more information and to contact The Jills Zeder Group, visit JillsZeder.com.

About Coldwell Banker Realty: Coldwell Banker Realty in Florida is a leading residential real estate brokerage company with approximately 80 offices and 6,400 affiliated sales associates. Coldwell Banker Realty is owned by a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States. Visit ColdwellBankerHomes.com.

National Media Contact:

South Florida Media Contact:

Leah Wright

Durée Ross

Coldwell Banker

Durée & Company, Inc.

973.437.3084 

954.723.9350 

Leah.Wright@CBhomeoffice.com

duree@dureeandcompany.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/coldwell-bankers-the-jills-zeder-group-lists-waterfront-tranquility-estate-at-382-s-beach-road-in-hobe-sound-owned-by-greg--kirsten-norman-for-59-9-million-301218114.html

SOURCE Coldwell Banker Realty

FAQ

What is the selling price of the Tranquility estate listed by The Jills Zeder Group?

The Tranquility estate is listed for $59.9 million.

Who are the agents representing the Tranquility estate in Hobe Sound?

The estate is being represented by Jill Hertzberg of The Jills Zeder Group and Michelle Thomson of The Thomson Team.

What are the features of the Tranquility estate owned by Greg Norman?

The estate features over 31,800 square feet of living space, multiple luxury structures, and private docking suitable for a 150-foot yacht.

Where is the Tranquility estate located?

The Tranquility estate is located at 382 S. Beach Road in Hobe Sound, Florida.

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