Calvin Klein shaved $1 million off the price of his Miami Beach house, which is back on the market for $15 million.
The celebrity fashion designer originally put his beloved five-bedroom beachfront retreat up for sale in 2015 for $16 million. The listing was taken down in August and reposted on Friday at the reduced price, according to the property’s price history on Zillow.
Mr. Klein bought the home on North Bay Road in 2005 for an undisclosed amount, according to Miami-Dade County property records. Before that, the home sold in November 1999 for $1.63 million.
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The ground floor of the 5,800-square-foot house includes a long infinity pool framed by rows of landscaping that lead out onto 113 feet of open bay. Built in 1929, the home has an open floorplan with "European craftsmanship" and outdoor living and dining areas that add another 2,000 square feet to the living space, according to the listing. The home has five en suite bathrooms and two half baths.
Mr. Klein, 73, is selling the home with furnishings from star antiques dealer Axel Vervoordt, said listing agent Pablo Alfaro of Douglas Elliman.
"He shopped all over the world for the furnishings in the house," said Mr. Alfaro. Mr. Klein also brought in Belgian craftsmen to do wall and floor finishes, he said, calling the home one of the most "sophisticated properties on the market."
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In 2013, Mr. Klein added a brick, tile and flagstone patio with an estimated value of $2,160, according to county property records.
Mr. Klein reduced the price in response to changes in the market, Mr. Alfaro said. "The price reflects today’s market," he said.
Mr. Klein has said in the past that he won't sell his piece of Florida paradise to just anyone. "It would break my heart. I hate to use the word ‘unique,’ but I have never seen another house like it . . . I want to sell it to someone who appreciates the aesthetic," he told the New York Post’s Page Six in May 2015.
Mr. Klein also told Page Six that he decided to put the Miami home up for sale so that he could buy another mansion in Hollywood Hills.
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