Sunday, June 17, 2018
Business

Clearwater mansion that sold at record price is back on the market for $19.75 million

CLEARWATER — Less than four months after it sold for a record $11.18 million, the waterfront Century Oaks estate is back on the market — for $19.75 million.

The huge price leap reflects the fact that "it's been completely redone," listing agent Terry Novitsky said Monday. Among the upgrades: new carpeting throughout the 17,000- square-foot home, new Versace wallpaper, a new master bathroom and a new movie theater. The three-bedroom, three- bath guesthouse also has been remodeled.

In April, Princess Yenenga Properties LLC bought the estate for the highest price ever paid for a bay area home and Mystery Key LLC took out a $14 million mortgage. The managing members of both companies are Blaise Carroz, whom Bloomberg News once described as a "French-born, Dubai-based real estate developer," and Marata Tapsoba Carroz,

PREVIOUS COVERAGE: Fabled Clearwater estate sells for a record $11.18 million

The two had rented the house for some time before buying it from champion powerboat racer Hugh Fuller. Other owners in the estate's colorful past include a doctor, a church, the inventor of the black paint used on Model T Fords and British Formula 1 driver Nigel Mansell.

Century Oaks — so called because of its magnificent old trees — was built in 1915 by New York City developer Dean Alvord on the site of Fort Harrison, a military post for settlers during the Second Seminole War. The area became known as Harbor Oaks, Clearwater's first planned residential subdivision, and was advertised to wealthy Northerners as "The Riviera of the Sunny South."

At $19.75 million, the estate is by far the priciest of any Tampa Bay home currently on the market. Amenities include two pools, basketball and tennis courts, Swarovski crystal chandeliers and a beauty salon.

Contact Susan Taylor Martin at [email protected] or (727) 893-8642. Follow @susanskate

 
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