Location: 4101 Ibis Point Circle, Boca Raton, Florida

Square Footage: 17,000+

Bedrooms & Bathrooms: 6 bedrooms & 11 bathrooms (main house)

Price: $14,900,000

This Mediterranean style waterfront estate is located at 4101 Ibis Point Circle in The Sanctuary, a gated community in Boca Raton, Florida and is situated on 5 deepwater lots with 604 feet of water frontage. It was designed/built by Dan Swanson of Addison Development in 1998. It is currently owned by Dennis Koslowski, the former CEO of Tyco.

It features over 17,000 square feet of living space throughout the main house and guest house. The main house features approximately 14,985 square feet of living space with 6 bedrooms, 8 full and 3 half bathrooms, foyer with cypress coffered ceiling and sweeping staircase, elevator, 38 foot long formal living room with cast stone fireplace and French doors leading to a patio, formal dining room, butler’s pantry and wine cellar, gourmet kitchen, informal dining room, 40 foot long family/billiards room with fireplace and paneled pub bar, two laundry rooms, his-and-hers home offices and a gym in the master suite, 3-car garage and more. Outdoor features include a loggia with dining pergola and summer kitchen near the main house, expansive patio with swimming pool and spa, dining pavilion and a clay tennis court. The guest house features a cabana bath, gym/bedroom, full catering kitchen, storage room and another loggia with fireplace and summer kitchen/bar.

*Thanks to HOTR reader Daniel for the tip!

CLICK HERE FOR THE LISTING

  • Jason

    I like this very much! very tasteful, good scale. All but the unremarkable furnishings make for a very nice waterfront estate.




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  • Daniel

    Even though it’s on five waterfront parcels, it doesn’t have much of a front or back yard to speak of. That’s my biggest problem with The Sanctuary. Almost all the houses in the community absolutely devour the lot they are on. The house itself ain’t bad, though if you look throughout the community, you’ll find 4 or 5 other Dan Swanson homes with almost the same layout. Interior has some nice details. Overall though, if it were my money, I’d go for this instead:

    http://www.premierestateproperties.com/luxury_real_estate/florida/palm_beach/boca_raton/RX-8508500.aspx




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  • opinionfree

    According to the blurb, it’s currently owned by Dennis Koslowski. Not to be unkind, but this is one of the biggest business thieves of the century. This was the guy that had multi-thousand dollar shower curtains and umbrella stands, paid for as ‘business’ expenses. I remember his wife, a tart like woman, stayed with him until financially, everything was supposedly gone. She divorced him when he was in prison. He, was unimaginably charismatic. Not sure why this property wasn’t confiscated by the feds, but it should have been.




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    • Daniel

      Fun fact: The former CFO of Tyco (Mark Swartz) also put his home on the market the same day this came on the market:

      http://www.premierestateproperties.com/luxury_real_estate/florida/palm_beach/boca_raton/RX-9982935.aspx

      Both Swartz and Kozlowski have the same lawyer listed as trustee on the properties (Richard Murdoch).




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      • opinionfree

        Perhaps this is just a coincidence and not indicative of anything untoward. I doubt it. Nonetheless, this is what the citizens should be versed on and not twinkieing/tweettering or whatever the hell the masses are obsessed with these days. People are ready to cut one another, with sharp things, if they feel disrespected (real or most often, imaginary) yet are oblivious to what is truly affecting their lives.
        Sad, but good to know info. Thanks to my homeboy Daniel.




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