US Embassy puts Herzliya ambassador residence on market for NIS 300 mln
The residence's sale is a finalizing part of the embassy move to Jerusalem, and according to the report its price makes it the most expensive house listed on the Israeli market.
By ZACHARY KEYSER, OMRI RONUpdated: JUNE 30, 2020 19:10US Ambassador to Israel David M. Friedman(photo credit: MARC ISRAEL SELLEM)
The US Embassy in Israel listed its ambassador residence in Herzliya for sale at NIS 300 million ($87m.), Globes reported.Built in the 1960s, the 1,000-square-meter residence at 40 Galei Tachelet Street is built upon a 5,000-sq.-m. plot of land in Herzliya Pituah, an upscale beachfront neighborhood. It is on one of Israel’s most expensive streets and has a 2,000-sq.-m. garden overlooking the Mediterranean. The land was purchased by the US government in 1962.The sale of the residence is a finalizing part of the embassy move to Jerusalem, and the listing price makes it the most expensive house on the Israeli market, the report said.Roman Abramovich, the Israeli-Russian owner of the Chelsea soccer team, bought a nearby home for NIS 226m. ($64.5m.) earlier this year, which is the record price for an Israeli home.“Following discussions about the transfer of the embassy to Jerusalem, it was decided to sell the property in Herzliya,” the US Embassy in Israel told Globes.“Many of the activities of the embassy have been transferred to Jerusalem, and the ambassador has based himself in official residences in Jerusalem. We expect that the sale of the property will take place in the coming months.”
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