--- title: President Trump's Caribbean Estate Just Got $11 Million Cheaper description: The asking price for President Trump's luxury Caribbean estate recently decreased by more than $11 million. The price is now $16.9 million authors: - name: Katie Reilly url: https://money.com/author/katie-reilly/ at_money_since: 2017 articles: 13 covers: - Housing - Business - Education - Identity Theft - Lifestyle - Loans - Retirement - Taxes social: - https://x.com/katiemacreilly former_staff: true published: '2017-08-01T20:27:52.000Z' modified: '2017-08-01T20:27:52.000Z' section: Housing tags: - celebrity homes - Donald Trump - onetime - real estate - White House word_count: 195 canonical: https://money.com/donald-trump-caribbean-estate-asking-price/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![trump-carribbean-estate](https://img.money.com/2017/08/trump-carribbean-estate.jpg) *President Donald Trump's Caribbean estate, Le Château des Palmiers, is now listed for $16.9 million.* The asking price for President Donald Trump's luxury Caribbean estate [recently dropped](https://www.washingtonpost.com/news/post-politics/wp/2017/08/01/the-asking-price-for-president-trumps-caribbean-estate-has-been-cut-dramatically/?utm_term=.172f83840631) by more than $11 million. The beachfront estate on St. Martin was previously listed for $28 million, the [Washington *Post* reported](https://www.washingtonpost.com/news/post-politics/wp/2017/08/01/the-asking-price-for-president-trumps-caribbean-estate-has-been-cut-dramatically/?utm_term=.172f83840631). But about a month ago, the trust overseeing Trump's assets slashed the price to $16.9 million, Lesley Reed, an agent for Sotheby's International Realty, told the *Post.* The asking price now appears to be closer to what Trump paid for the property in 2013, when it was listed for $19.7 million, the *Post* reported. The final sales price was not disclosed. The gated estate has 11 bedrooms, 12 full bathrooms, a tennis court and a pool, according to the [Sotheby's listing](http://www.stmartinsir.com/eng/sales/detail/474-l-3989-qz6f4w/chateau-des-palmiers-terres-basses-mi-97150). When Trump became president, he placed his [financial assets in a trust](http://fortune.com/2017/06/17/trump-washington-hotel-revenue/) controlled by a Trump Organization executive and his son Donald Trump Jr. He did not fully divest from his businesses, but he is supposed to be separated from the day-to-day decisions, which would include decisions about the asking price of the St. Martin property. But Trump is still allowed to [withdraw money from the trust](https://www.propublica.org/article/trump-pull-money-his-businesses-whenever-he-wants-without-telling-us?utm_campaign=sprout&utm_medium=social&utm_source=sprout&utm_content=1491221180) at any time — which has led to questions about potential conflicts of interest. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/donald-trump-caribbean-estate-asking-price/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Real Estate", "item": "https://money.com/real-estate/" }, { "@type": "ListItem", "position": 4, "name": "President Trump's Caribbean Estate Just Got $11 Million Cheaper" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/donald-trump-caribbean-estate-asking-price/#webpage", "url": "https://money.com/donald-trump-caribbean-estate-asking-price/", "name": "President Trump's Caribbean Estate Just Got $11 Million Cheaper", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-08-01T20:27:52.000Z", "mainEntity": { "@id": "https://money.com/donald-trump-caribbean-estate-asking-price/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/donald-trump-caribbean-estate-asking-price/#breadcrumb" }, "dateModified": "2017-08-01T20:27:52.000Z" }, { "@type": "Article", "headline": "President Trump's Caribbean Estate Just Got $11 Million Cheaper", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/08/trump-carribbean-estate.jpg", "width": 1484, "height": 966, "caption": "trump-carribbean-estate" } ], "author": [ { "@type": "Person", "name": "Katie Reilly", "url": "https://money.com/author/katie-reilly/", "@id": "https://money.com/author/katie-reilly/#author", "email": "Katie.Reilly@timeinc.com", "sameAs": [ "https://x.com/katiemacreilly" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-08-01T20:27:52.000Z", "description": "The asking price for President Trump's luxury Caribbean estate recently decreased by more than $11 million. 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