Florida-based Peebles will close next week on a $1.91 million, three-bedroom waterfront home in , just minutes away from his current property. He acquired the house in an estate trust auction. Peebles plans to keep both homes, using the Sag Harbor place as a cabana and guest house, says of , who represented Peebles in the purchase of both his Long Island homes. He also owns homes in Coral Gables, Fla., and Washington, D.C.
Of the new property, Barbaria says, “It’s very hard to get a house in that location … They rarely hit the market.” Barbaria says that the house is perched high, affording panoramic views across to Shelter Island and Connecticut. “It’s on the only Sag Harbor waterfront that has a real beach in front of it.”
Peebles is the chairman and chief executive of the, a Miami real estate development firm. He is currently developing a $2 billion, 13-acre property near the Las Vegas Strip.
Peebles recently raised more than $300,000 in Miami for . A source tells REAL LI that there has been talk of a possibility that Peebles will host another Obama fundraiser at his Bridgehampton home.
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