Ivana Trump’s Gold-Drenched Palace Price Slashed In Half. NYC Opulent Townhome Finally Sells at Massive Discount

Ivana Trump’s longtime Upper East Side townhouse has finally sold, but at a steep discount from its original price tag and nearly four years after the death of Donald Trump’s late first wife and ex-wife.

NEW YORK, NY – JUNE 13: Ivana Trump attends a press conference announcing her new campaign to fight obesity at The Plaza Hotel on June 13, 2018 in New York City. (Photo by Noam Galai/Getty Images)

The five-story limestone residence closed for $14 million, nearly 50% below the $26.5 million asking price when it first hit the market in November 2022, months after her death in July 2022. By the end of its listing run, the price had been reduced to $17.9 million, reflecting the challenges of selling highly personalized luxury homes in a cooling Manhattan luxury market, The Wall Street Journal reported.

Located between Fifth and Madison avenues, the 8,725-square-foot property was a gilded reflection of Ivana’s maximalist aesthetic. She purchased the home in 1992 for $2.5 million, the same year her divorce from Donald Trump was finalized. Over the next three decades, she transformed it into an unapologetically opulent showcase of pink marble, crystal chandeliers, heavy gilt detailing, and glaring animal prints.

The home features five bedrooms and multiple formal entertaining rooms. The primary suite includes a gold-embossed fireplace and elaborate wall murals, while one living room was styled with Versailles-inspired touches. Surprisingly, it does not have an expansive chef’s kitchen. Instead, the townhouse features two compact galley kitchens.

Ivana’s children (Donald Jr., Eric, and Ivanka) spent their teenage years in the residence. What had once been Donald Jr.’s bedroom was later converted into a private fitness room. The home’s grand staircase ultimately became the site of tragedy. After an accidental fall on the staircase, Ivana died at age 73. The New York City medical examiner ruled her death an accident caused by blunt force injuries.

Probate documents later revealed Ivana left behind $34 million in assets, Forbes reported.

The townhouse lingered on the market for more than three years, undergoing multiple price reductions. The identity of the buyer has not been publicly disclosed.

Ivana Trump was laid to rest in July 2022 at Trump National Golf Club in Bedminster, New Jersey. Her grave is located in a private grassy area near the first hole of the course, within a 10-plot family-designated section. The burial site has drawn attention for potential tax implications under New Jersey laws governing cemetery land, People reported.

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