Former John Lennon and Yoko Ono Palm Beach House Sold at $23 million

John Lennon and Yoko Ono's seaside mansion that the couple purchased in 1980 has sold for $23 million in an off-market deal to a former Bear Stearns executive, Top Ten Real Estate Deals reported.

The former 1919 home was designed by famed Palm Beach architect Addison Mizner who also lived in the house for some time. The seller of the house is long time Palm Beachers Alan and Christine Curtis who purchased the house in 1990.

Lennon and Ono bought the house at 720 South Ocean Boulevard for $750,000 for Florida vacations through Pentacles Realty, which is the couple’s New York City-based real estate company. The couple also spent for the plans of the home's renovation but Lennon died a few months after they purchased the home.

Multiple sources indicate that the property was most likely bought by equity investor John C. Sites and his wife, Cindy after they sold their Wells Road home for nearly $8 million in December.

The house is named El Solano which has an unusual architectural feature. The structure shares a wall with a two-story guest apartment which is part of a 1920s-era estate owned by novelist James A. Patterson. The two houses appear linked because of the second-floor bridge that connects the property's guesthouse to the Patterson house.

The mansion sits on a 1½ acres land with more than 170 feet of beachfront. It has five bedrooms and a 13,730 square feet of living space. On its grounds, it has a cabana building and a tennis court.

Prior to Lennon and Ono, the house was also occupied by Harold K. Vanderbilt in 1929, John “Jock” McLean and his socialite wife, Brownie in the 1970s and was bought by the couple in 1980 for $725,000. They only resided in it for short period of time and worked on plans for renovation, Palm Beach Daily News reported.

The renovation was completed by Ono after her husband's murder in December 1980 and sold it in 1986 for $3.15 million to Howard A. Farfard which was then bought by the Curtises in January 1990.