Donald Trump finally owns the former home of John and Pat Kluge.
Rebuffed by a federal judge in his effort to force the sale of “Albemarle House” for the $3.6-million foreclosure auction price, Trump has agreed to pay a reported $6.5 million for the property, according to The Daily Progress.
Trump had already secured title to most of the land surrounding the Kluge mansion, and he insisted he had a right of first refusal to buy the house itself from Bank of America. U.S. District Judge Norman Moon last month ruled the right of first refusal vanished when the applicable property was split up and sold to different buyers over the years.
Even without the leverage, Trump bought the house at an “incredible price,” Donald Trump’s son, Eric, told the paper. Eric Trump said the former Kluge property might make a fine golf course. In the meantime, the winery continues in operation, he said.