EAST MANATEE -- The ex-wife of an Indiana steel magnate has sold her 6,900-square-foot home in the tony golf community The Concession to a professional football player with the Green Bay Packers.
It just goes to show that the appeal of a pool-side outdoor kitchen is universal.
On March 2, Bryan Bulaga and his wife, Abigail, purchased a home on Ganton Avenue from Carol Busse for $2.4 million, according to Manatee County records. Bulaga, 25, plays offensive tackle for the Packers.
The 2010 Super Bowl champions drafted the 314-pound Illinois native and University of Iowa graduate in the first-round the same year.
Busse, who was previously married to Steel Dynamics chairman and co-founder Keith Busse, sells a home that comes with a four-car garage, an elevator, French and Venetian decor, a swimming pool and outdoor kitchen on nearly an acre. Busse purchased the lot for the home in 2004 for $550,000. According to county records, she and her ex-husband previously owned a home at 6919 Chancery Place in University Park.
Steel Dynamics is a Fort Wayne, Ind.-based steel products manufacturer. The publicly traded company recorded $8.8 billion in revenue in 2014, according to NASDAQ.
Bulaga was the 23rd pick in the first round of the 2010 NFL draft. Having recently finished free-agent negotiations to return to the Packers for another five years, he may have gotten nearly as good a deal on his new home as he did with his reported $8 million signing bonus. Listed in January 2014 for $3.43 million, the property was re-priced several times before the sale was settled.
According to county permits issued to build the home, the construction value of the structure and its swimming pool alone is more than $2.14 million.
Deborah Angelo O'Mara, a Realtor with Michael Saunders & Co. who listed the property, said the sale is one of the largest in The Concession in terms of price and total square feet of home. The buyers were particularly taken with the home's view, which includes both a lake and the Jack Nicklaus-designed golf course built into the high-end development.
"It's huge," she said. "What
makes this house different is it's one of the best lots in The Concession."
The buyer was represented in the transaction by a real estate company in Odessa.
Carol Busse was heavily involved in the design of her former home. During a gala open house at the property in December, O'Mara credited her with coming up with a compelling look for the property.
Bulaga won't be the only professional athlete living in The Concession. Other property owners in the development who get paid to play include Pittsburg Pirates pitcher Charlie Morton and PGA golfer J.B. Holmes.
At least one buyer did pay more for an existing home in The Concession during the past year. In May 2014, an 8,900-square-foot home and 1,600-square-foot guest house at 18808 Ganton Ave. sold for $2.85 million.
Matt M. Johnson, Herald business reporter, can be reached at 941-745-7027, or on Twitter @MattAtBradenton.