Home Gossip Satellite King Selling Out-Of-This World Home In Bear’s Club For $12.5 Million

Satellite King Selling Out-Of-This World Home In Bear’s Club For $12.5 Million

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Satellite
Hard to believe this Venetian Palazzo is in Jupiter! (MLS photo)

If you’ve ever been in a war zone, or at the ends of the earth where cellphones don’t reach, and you used a sat phone to make contact with the rest of the world, then you can thank Jupiter business man Dan Colussy who saved the 66-satellite Iridium network back in 2000.

Now, the 85-year-old is selling his out-of-this-world, 17,279-square-foot Bear’s Club Venetian Palazzo at 161 Bear’s Club Drive for $12.5 million. The listing’s with Brian Coffey of Coastal Sotheby’s.

Looks like those old satellites were really worth saving! Colussy bought the land for $2 million in 2003 and finished construction on his Xanadu in 2009.

And he’s only a couple doors down from NBA legend, Michael Jordan.

But now Colussy wants to downsize.

The 5-bedroom, 8-full bath and 4-half-bath mansion he’s offering up for sale is more than unbelievable with a master suite that’s more than 2,300 square feet. That’s bigger than many houses!

By Jose Lambiet, GossipExtra.com, excerpt posted on SouthFloridaReporter.com, May 17, 2017

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Jose Lambiet, founder, writer, producer and occasional ad sales rep for GossipExtra. A veteran journalist. Jose has worked for the Sun-Sentinel and The Palm Beach Post. And now writes a column, coincidentally called Gossip Extra, in The Miami Herald. The information and facts are those gathered by Jose.