Terry Pegula is a multi-billionaire who made a fortune on the back of East Resources, a natural gas company founded in 1983. He also owns the Buffalo Bills and Buffalo Sabres. With a net worth of $6.8 billion, he resides in a lavish home in Boca Raton, Fla., nestled in the exclusive St Andrews Country Club. Let’s explore the exquisite house of the 73-year-old businessman and his wife.
Details on Terry and Kim Pegula’s $5.15 Million Home
Though the billionaire couple owns multiple properties across the country, it’s safe to assume he lives in Boca Raton, as he has been rumored to cast his votes from there. This property was purchased in March 2007 for $5.15 million after initially being listed at $5.45 million.
This recently developed home in the St Andrews Country Club is a genuine oasis. Built on a half-acre lot, this 8,000-square-foot house features six bedrooms and eight bathrooms on two floors.
The first floor includes a master suite with his and her marble bathrooms. The floor also has an executive office, a wood-paneled club room, a fully equipped theater, an expansive family room with a bar area, a gourmet kitchen, a morning room, and a guest suite.
The second floor is accessible via a marble staircase or a private elevator and features four large bedrooms. There’s also an entertainment loft, a computer area, and an additional laundry room. The home’s lavishness extends to the exterior with breathtaking lake and golf course views, among the best in the country.
St Andrews Country Club in Boca Raton is one of the most exclusive clubs in South Florida, with memberships costing around $200,000. It’s home to people of various age groups, including young professionals, growing families, and active adults. It’s known for its 70 acres of glittering lakes and waterways, lush greenery, and landscaping.
Terry and Kim’s Other Properties in the Country
As expected, this isn’t the Pelugas’ only property — they own a farm at the popular Camelot Farms. Built on a 194-acre farm community, this 14,000-square-foot home has eight bedrooms, nine bathrooms, a 10-car air-conditioned garage, and a 35-foot-high ceiling stable. However, this $6.5 million house was in the news for the wrong reasons, as the Pelugas were accused of taking advantage of tax loopholes.
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The couple owns a condo in East Aurora, N.Y., which they bought in 2018 for $2.5 million. The house contains five bedrooms and six bathrooms across 11,159 square feet. Built in 1997, it was sold for half a million dollars in 1995.
It’s reported that the couple also sold their waterfront townhome for $1.15 million. It was a three-bedroom apartment in a 2,622-square-foot area on the ninth floor of the Pasquale condo tower in Waterfront Village.