Rockstar Energy founder Russ Weiner, who has legally changed his name to Russ Savage, is set to become a neighbor to celebrities and CEOs in Delray Beach’s ultra-exclusive Stone Creek Ranch. He is in contract to purchase two of the last available estates in the prestigious Palm Beach County community, signaling a significant real estate move for the beverage magnate.
Key Takeaways
- Russ Weiner (now Russ Savage), founder of Rockstar Energy, is purchasing two mansions in Delray Beach’s Stone Creek Ranch.
- The combined value of the two properties is nearly $43 million.
- The enclave is known for its privacy, security, and high-profile residents, including Mark Wahlberg and Steve Cohen.
- Weiner plans to use one home for himself and the other for his extended family.
A New Neighbor in Stone Creek Ranch
Weiner, 55, is reportedly acquiring two homes in Stone Creek Ranch, a community he likened to Beverly Park in Beverly Hills for its privacy, security, and spaciousness. This exclusive enclave has become a magnet for CEOs, athletes, and celebrities seeking a secluded lifestyle in South Florida.
Significant Real Estate Investments
The beverage mogul is in contract for a $20.9 million lakefront mansion and a second property across the lake for $21.99 million. The latter is a 17,000-square-foot estate situated on 2.5 acres, boasting 660 feet of waterfront and a garage capable of housing 18 vehicles. Senada Adzem of Douglas Elliman represented the $21.99 million sale and indicated that Weiner intends to use one residence for personal use and the other for his extended family.
An Exclusive Community
Stone Creek Ranch is characterized by its limited number of estates, with only 37 homes on 187 acres, offering a high degree of privacy and space. This exclusivity has driven up property values significantly in recent years. Weiner’s new properties offer lakeside views of the homes owned by actor Mark Wahlberg and hedge fund manager Steve Cohen, further underscoring the caliber of residents in the area.
Florida’s Appeal to the Wealthy
Weiner, whose net worth is estimated at $5.4 billion, has been actively investing in Florida real estate. He recently purchased Rosie O’Donnell’s former Miami Beach home for $35.3 million and sold his North Bay Road residence for $32.5 million. He cited a desire to move away from what he described as a "Northeast socialist takeover" as a reason for his relocation, stating, "Florida is the new Golden State."
Sources
- Russ Weiner to buy 2 mansions in Delray Beach, New York Post.