UPDATE: Tommy Hilfiger sells one of his two Palm Beach homes for $28 million

Fashion designer Tommy Hilfiger and his wife have sold, for a recorded $28 million, a lakefront house they renovated on Dunbar Road in Palm Beach. The couple still own a larger ocean-to-lake estate across town where they reside when they are in Palm Beach.

The Palm Beach Daily News is the first media outlet to report the sale of the house at 313 Dunbar Road, which has 100 feet of Intracoastal Waterway frontage on the near North End.

Businessman, real estate investor and private-equity specialist Steven Mark Esrick of North Palm Beach bought the house with his wife, Anna Kiki Esrick, the deed recorded April 9 shows.

The property has three bedrooms and 6,175 square feet of living space, inside and out, the sales listing says. The lot measures about a third of an acre with a dock and nearby access to the Lake Trail walking-and-bicycling path. 

Hilfiger and Dee Ocleppo Hilfiger, his fashion-designer wife, sold the house through Villa Deniz LLC, the limited liability company they used to buy the Mediterranean-style residence for a recorded $21 million in May 2021. The couple then updated the 2006 house with brighter, more modern-style interiors featuring light woods and fine finishes, Tommy Hilfiger told the Palm Beach Daily News in December.

HILFIGERS BUY HOUSE ON DUNBAR ROAD:Fashion designer Tommy Hilfiger, wife buy second multi-million dollar home on Palm Beach

"We felt that it was dark and dated, so we wanted to brighten it and modernize it," he told the Daily News. "It was in need of an update, so we did that and simplified the design and the décor."

He added: "We did a complete redecoration and updated some of the mechanicals."

Steven Esrick’s professional resume includes co-founding and serving as president of National Business Solutions of St. Petersburg. He also founded and has served as chairman of Esrick Enterprises, a private investment firm with offices in West Palm Beach and Aspen, Colorado, according to an online biographical sketch.

Esrick and his wife also are involved in the charitable Esrick Dream Foundation and Hope Through Education, a nonprofit organization founded by daughter Devon Esrick.

The Hilfigers lived in the Dunbar Road house while they completed a major renovation of their sea-to-lake estate across town on South Ocean Boulevard.

“Our home on 313 Dunbar Road is an absolute gem,” Tommy Hilfiger previously told the Daily News. “We truly enjoyed being on the lake so close to town. However, after a three-year renovation on our South Ocean Boulevard home, we are now enjoying a different experience living lake-to-ocean.” 

The Dunbar Road was priced at $35.9 million when it sold, down from the original price it carried of $39.7 million when it entered the market in September 2022.

The sale closed April 4, according to the multiple listing service. Broker Christian Angle of Christian Angle Real Estate held the listing.

Agent Gary Pohrer of Douglas Elliman Real Estate represented the buyers, the MLS shows. Agent Allison Nicklaus of NV Realty Group was also involved on the buyers’ side.

Pohrer declined to discuss the sale, and the Esricks could not be immediately reached for comment. Angle and Tommy Hilfiger also could not be reached.

Angle also handled both sides of the transaction when the Hilfigers bought the Dunbar Road property.

The Hilfigers worked with interior designer Martyn Lawrence Bullard on their update of the residence. The house has a formal living room with a pecky-cypress ceiling and a coral-stone fireplace. The primary bedroom suite has two bathrooms, a sitting room and a pair of lakeview balconies. 

An interior open-air courtyard has a fireplace, while an arcaded loggia offers views of the lap pool and the Intracoastal Waterway beyond.

"We loved its Mediterranean vibe and its coral-stone columns, the pecky-cypress ceilings, the courtyard with the fountain — and of course, it was perched upon the lake with a beautiful dock," he says. "It was a great house. We miss it," Tommy Hilfiger previously told the Palm Beach Daily News.

Hilfigers have an ocean-to-lake estate on Palm Beach's Billionaires Row

A Hilfiger-controlled company owns the couple’s ocean-to-lake property on the stretch of South Ocean Boulevard known to locals as Billionaires Row. The Hilfigers embarked on their renovation of that property at 1930 S. Ocean Blvd. after buying it for $46.25 million in July 2021. The estate once was the home of media mogul Conrad Black.

The Hilfigers have been active players in buying and selling Palm Beach real estate over the past couple of years. 

Last May, a Hilfiger-controlled company flipped, for $41.38 million, a landmarked house it had bought a few months before for just under $37 million at 930 S. Ocean Blvd. in the Estate section. On the buyer’s side was West Palm Beach real estate attorney Maura Ziska, who acted as trustee of the 930 S. Ocean Trust. Broker Lawrence Moens of Lawrence A. Moens handled both sides of the May sale of the Mediterranean-style house, which has an ocean view.

BIG FLIP IN PALM BEACH:Tommy Hilfiger flips Palm Beach house for $41.38M. How much did he make on the deal?

In March 2022, a Hilfiger-controlled company sold Fox News host Bret Baier and his wife, Amy, a three-bedroom house at 244 Fairview Road for a recorded $12 million. The Hilfiger company had bought the Bermuda-style house new for a recorded $9 million in March 2021. The Baiers have since sold the Fairview Road house.

Tommy Hilfiger founded his eponymous company in 1985 and built it into a fashion and lifestyle empire with a focus on casual, American style. He sold the company in 2006 and it changed hands again four years later, when it became part of Phillips-Van Heusen. Hilfiger remains the company’s principal designer.

His wife has designed handbags and other accessories for her eponymous label.

The Esricks own a waterfront house in North Palm Beach they bought for $4.5 million in 2008, property records show. Nicklaus has that six-bedroom house at 756 Harbour Isles Court listed at $16.995 million, according to the multiple listing service.

dhofheinz@pbdailynews.com

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This story was updated April 9, 2024 — the day the deed recorded for the sale of 313 Dunbar Road in Palm Beach —to add information about the buyers. Portions of this story appeared previously in the Palm Beach Daily News. This is a developing story. Check back for updates.

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Darrell Hofheinz is a USA TODAY Network of Florida journalist who writes about Palm Beach real estate in his weekly “Beyond the Hedges” column. He welcomes tips about real estate news on the island. Email dhofheinz@pbdailynews.com, call 561-820-3831 or tweet @PBDN_Hofheinz. Help support our journalism. Subscribe today.