Johnson & Johnson heiress Alison Firestone Robitaille sold her equestrian estate in Wellington for $10.9 million.
Records show Firestone Robitaille sold the estate at 3221 Grand Prix Farms Drive to Somerset South Stables LLC, a Florida entity managed by Paul Broder.
Maria Mendelsohn of Douglas Elliman had the listing, and Paul Butterworth with Equestrian Sotheby’s International Realty brought the buyer.
Broder is vice president of New York-based hedge fund, Renaissance Technologies. His daughters, Olivia and Amber Broder, are both equestrians and ride in Wellington.
Firestone Robitaille is a competitive show jumper and the daughter of the late Bertram and Diana Firestone. The Firestones were giants in the horse world, breeding and training racehorses, including the 1980 winner of the Kentucky Derby, Genuine Risk.
Bertram Firestone was an office developer and briefly invested in horse racing facilities, according to published reports. In 1991, Firestone sold two South Florida racetracks to Japanese lenders because he couldn’t repay $168 million in debt on the properties, the Baltimore Sun reported. He died in 2021.
Diana Firestone was the granddaughter of Johnson & Johnson founder Robert Wood Johnson I. She died in February.
With horse breeding parents, Firestone Robitaille is a lifelong equestrian and has competed on the international level for decades.
She bought the Wellington farm for $1.3 million in 1999, records show. The estate spans nearly 8 acres and was built in 2000, according to property records. The 21-stall barn has two laundry rooms, two tack rooms, two bathrooms, an office, staff kitchen and a one-bedroom apartment, the listing shows. The estate also has a Grand Prix ring, sand ring, six-horse walker and five paddocks.
Firestone Robitaille listed the estate for $13 million in 2021. She relisted it for $12.5 million in June, Realtor.com shows.
She’s not the only heiress to sell a Wellington estate this year. In June, heirs of Thomson Reuters founder Roy Thomson sold an equestrian estate for $20.4 million.
In August, Katherine Kaneb, ex-wife of Wellington developer Mark Bellissimo, sold an estate for $21.9 million, marking the priciest Wellington deal of the year. In May, BET co-founder Sheila Johnson sold an equestrian estate for $21.7 million.