Conrad Black sells another bauble from his once formidable empire

A cyclist rides along South Oceans Boulevard outside Conrad Black's home in Florida, Sunday, March 2, 2008. There is a report that fallen media mogul Conrad Black has sold his mansion in Palm Beach, Florida. The Palm Beach Daily News is reporting the mansion has been bought by a California family for US $23.1 million. THE CANADIAN PRESS/Adrian Wyld

The Canadian Press, On Thursday April 28, 2011, 11:08 pm EDT

By The Canadian Press

PALM BEACH, Fla. - There is a report that fallen media mogul Conrad Black has sold his mansion in Palm Beach, Florida.

The Palm Beach Daily News is reporting the mansion has been bought by a California family for US $23.1 million.

The newspaper attributes the information to a warranty deed from the Palm Beach County Clerk’s office.

Black was freed last summer while the courts deal with appeals of his fraud and obstruction of justice convictions that landed him a 6 1/2-year U.S prison sentence.

The mansion built in 1973 reportedly boasts five bedrooms, six bathrooms and a guesthouse.

Municipal records indicate the property has a “total” square footage of 21,672 that includes a tunnel beneath the street that allows the main property to be connected to the beach.

Real estate broker Lawrence Moens told the newspaper that he received two written offers from other potential buyers interested in the house.

“I had great sellers and buyers,” Moens said Thursday, describing Black and his wife, Barbara Amiel Black, as “gracious people.”

via ca.finance.yahoo.com