A waterfront Fruit Cove residence owned by prominent philanthropist Duane Ottenstroer sold for $8,132,000 in a no reserve auction last month, records show.
The former Chairman of the Florida Prepaid Program and successful venture capitalist put his 12,500-square- foot mansion up for sale with Platinum Luxury Auctions of Miami last month.
Company President Trayor Lesnock told The Citizen that ten bidders vied for the 7-bed, 8.5-bathroom jewel — and that the final number easily eclipsed the area’s prior sales record of $4.85 million.
Set on a massive 15-acre lot, broker Anita Vining of Berkshire Hathaway called the property at 2180 Eventide Ave. “one of Jacksonville’s most iconic riverfront estates.”
Her listing highlights its 600 feet of river frontage, deep-water dock and manicured grounds.
Built in 1994, the home was designed by the late architect Barry Fox of New Orleans, who was celebrated for numerous historic restoration projects in the Big Easy.
“The architecture reflects gracious charm and classical proportions reminiscent of bygone eras, offering a setting ideal for both intimate gatherings and grand-scale entertaining,” Vining wrote of the estate.
A noted donor to educational institutions and programs, Ottenstroer led Florida’s popular college funding program from 2009 to 2016.
A graduate of the University of Minnesota, he sponsors several scholarships and fellowships along with his wife, Sue, including a Bolles School initiative that allows standout teachers to conduct research projects abroad.
