Jimmy and Jane Purchase New Palm Beach Property

Jimmy Buffett and his wife Jane purchased a new Palm Beach property this week, according to the Palm Beach Daily News:

Talk about downsizing.

After selling their Palm Beach oceanfront estate last year for $18.5 million, singer Jimmy Buffett and his wife, Jane, have bought a three-bedroom, three-bath home on the North End.

The couple paid $4.95 million for the house at 309 Garden Road, according to a trustees’ deed dated Dec. 16 and recorded Wednesday by the Palm Beach County Clerk’s office.

As described in McCann’s sales listing, the custom house in the “island contemporary” style was built in 2003. The property has a “Zen-like retreat feeling,” according to Corcoran’s property description. “Mahogany-framed glass doors slide open and disappear to create an indoor/outdoor lifestyle befitting a tropical resort.”

The property includes a guest suite above a two-car garage and comes with deeded beach access at Eden Road with additional beach access at Via Marila.

In June 2010, the Buffetts sold their five-bedroom seaside home on 1.6 acres at 540 S. Ocean Blvd. They had paid $4.4 million for that house in 1994.