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NewsSocietyShiny ShotsArtsReal Estate NewsLifestyleUSA TODAYObituariesE-Edition Two next-door vacant lots bring $40.25 million on Palm Beach’s Maddock Way The properties, one with lake frontage, were sold by companies linked to billionaire Mitchell Jacobson, records show. The buyer was a Delaware-registered limited liability co. Palm Beach Daily News Two adjacent properties on Maddock Way one with lake frontage that have sat vacant since they last sold together in 2013 have changed hands privately for a grand total recorded at $40.25 million. The simultaneous sales to the same buyer mark the second deal within a week in which a vacant lakeside property in Palm Beach has changed hands at more than $40 million. ....
Marie Penny Special to the Daily News Editor s note: Each month this season, we will publish a column from the Preservation Foundation of Palm Beach featuring a landmarked property. With its fish-scale scalloped shingles and pointed finials atop each gable, Duck’s Nest conjures up the Victorian era. Viewed from Lake Trail, it may appear to be a charming house from the turn of the 20th century. But it also has a fascinating history, which includes weathering hurricanes, architectural styles, and the development of Palm Beach. The house gets its name from the ducks that roosted on the extensive freshwater marsh, now filled in, which were formerly located east of the building. It’s hard to imagine, but at the time the only way to access this house was by boat via Lake Worth (now referred to as the Intracoastal Waterway). ....