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Media personality Oprah Winfrey enjoyed visiting a waterfront mansion in Boca Raton, Florida, that recently hit the market for $27.5 million — $20 million more than its owners paid for it in 2020.

Aviation entrepreneur Sal Calvino, founder of Equivu Capital, and wife Karen Calvino are selling the 12,000-square-foot estate, which has 200 feet of Intracoastal Waterway frontage with a private dock and a 24,000-pound boat lift, according to the New York Post.

The property, behind a security gate, is designed as a family compound with a six-bedroom main house connected to a two-bedroom guest house via a clubhouse. The secondary residence has its own chef’s kitchen, private entrance and garage.

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The main house has nine bathrooms, a bidet and an elevator, according to its listing with Serhant.

The Calvinos listed the property at 2989 Spanish River Road for $24.9 million in 2023, then slashed it to $19.5 million in 2024 as the market cooled, The Post reported.

The median value for homes in the 33432 ZIP code where the property is located is $1.8 million, down 6.78% from a year ago and 31.9% from three years ago, according to Realtor.com data from October. Homes are on the market for an average of 122 days, up 31.15% from October of the previous year.

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The 33432 ZIP code is characterized by pricing strength, steady demand and properties selling within a reasonable timeframe, making the market favorable for sellers, Realtor.com reported.

The estate was commissioned by Diana King, whose father, the late Charles King, founded  media powerhouse King World Productions. The company syndicated iconic shows such as “The Oprah Winfrey Show,” “Jeopardy!” and “Wheel of Fortune.”

Diana King bought the property in 2003, four years after CBS acquired King World Productions.

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This article Florida Mansion Oprah Liked Visiting Hits Market for $20M More Than Owners Paid For It In 2020 originally appeared on Benzinga.com

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