Andrea Lenczner Acquires Palm Beach Property For $11.5 Million

A Palm Beach property on 225 Wells Road has been sold for $11.5 million. The transaction involved a single-family home situated on 0.32 acres of land. The property spans over 5,452 square feet, resulting in a price per square foot of $2,109. The sale took place on 05/22/2023.

Summary of transaction details

• Property Type: Single Family
• Transaction Amount: $11,500,000
• Address: 225 Wells Road, Palm Beach
• Market: Palm Beach
• Acres: 0.32

The buyer in this transaction is Andrea Lenczner, linked to fashion designer Andrea Lenczner. Representing the buyer is Christopher Leavitt of Douglas Elliman. On the selling side, the property was represented by Elizabeth DeWoody of Compass on behalf of seller Mary Frances Garrett. It is worth noting that the existing house on the property was demolished by developer Mary Frances Garrett, leaving the buyer with the decision to either build the proposed house or start anew.