Olympic Figure Skater Michelle Kwan Finally Sells Her Stately Newport Mansion
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1/4Photography courtesy of Sotheby's International RealtyOlympic figure skater Michelle Kwan listed her majestic Newport, Rhode Island mansion last September for $4.4 million and has now finally parted ways with it. Proving that good things do indeed take time, the champion recently sold it for $3.999 million, walking away with a significant profit since she snagged it for $1.5 million in 2014.Mansion Global reports that Kwan and her then-husband Clay Pell purchased the 100-year-old home directly from JPMorgan after the bank foreclosed on the previous owners, which may explain why it was such a bargain. Records show that the skater glided away from their 2017 divorce with the property in tow, so this sale is all hers.Situated on the prestigious Ocean Drive, the two-acre property is impeccably landscaped and comes with a neoclassical-style pool and patio.Elegant interiors match the stately exterior. Delicate moldings, marble floors, and grand fireplaces harken to the Gilded Age, as many Newport mansions do. The 5,000-square-foot home holds four bedrooms and six bathrooms, which is plenty of space for hosting guests in classic Newport fashion.Michelle Drum and Kim Fleming of Gustave White Sotheby’s International Realty had the listing.Photography courtesy of Sotheby's International RealtyOlympic figure skater Michelle Kwan listed her majestic Newport, Rhode Island mansion last September for $4.4 million and has now finally parted ways with it. Proving that good things do indeed take time, the champion recently sold it for $3.999 million, walking away with a significant profit since she snagged it for $1.5 million in 2014.Mansion Global reports that Kwan and her then-husband Clay Pell purchased the 100-year-old home directly from JPMorgan after the bank foreclosed on the previous owners, which may explain why it was such a bargain. Records show that the skater glided away from their 2017 divorce with the property in tow, so this sale is all hers.Situated on the prestigious Ocean Drive, the two-acre property is impeccably landscaped and comes with a neoclassical-style pool and patio.Elegant interiors match the stately exterior. Delicate moldings, marble floors, and grand fireplaces harken to the Gilded Age, as many Newport mansions do. The 5,000-square-foot home holds four bedrooms and six bathrooms, which is plenty of space for hosting guests in classic Newport fashion.Michelle Drum and Kim Fleming of Gustave White Sotheby’s International Realty had the listing.
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2/4Photography courtesy of Sotheby's International Realty
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3/4Photography courtesy of Sotheby's International Realty
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4/4Photography courtesy of Sotheby's International Realty
