Kid Rock's Oceanfront Home Hangs In The Balance As Erosion Threatens Coastal Properties

Oceanfront homes on both coasts are in jeopardy of tumbling into the sea as erosion sucks the land out from under them.

Kid Rock and Conair heiress Babe Rizzuto are among those whose homes in Jupiter Inlet Colony, Florida, lost land to the Atlantic Ocean.

Rizzuto listed her home at 14 Ocean Drive for $22.5 million in November.

The daughter of the late billionaire founder of Conair purchased the house for $6.3 million in 2015.

Rizzuto's 5,900-square-foot house and pool were not damaged, but part of the backyard, some fencing and palm trees were washed away.

Kid Rock, whose legal name is Robert Ritchie, bought his home at 11 Ocean Drive for $3.2 million in 2012. He lost his stairway to the beach and part of his back deck to erosion.

Across the country in Orange County, California, the cliff beneath three multimillion estates on Scenic Drive in Dana Point is washed out from under them during back-to-back rainstorms.

None of the homes have been evacuated or found to be too dangerous to live in.

More than $1 trillion worth of property is within 700 feet of a coastline, according to the Environmental Protection Agency.

Coastal erosion accounts for about $500 million per year in property loss in the United States, according to the U.S. Climate Resilience Toolkit.

Ref: Kid Rock's Oceanfront Home Hangs In The Balance As Erosion Threatens Coastal Properties (finance)

 Photo Credit:  palmbeachpost