John Richard Knop And Leslee Helene Belluchie Sell Palm Beach Mansion To 110 Wells Trust For $17.85M

The property asset at 110 Wells Road is a renovated single-family home in the Palm Beach market, spanning 4,420 square feet and situated on 0.37 acres. The sale price for this property was $17,850,000, translating to a price per square foot of $4,038.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $17,850,000
• Address: 110 Wells Road
• Market: Palm Beach
• Acres: 0.37
• Square Footage: 4,420
• Price per Square Foot: $4,038
• Buyer: 110 Wells Trust
• Seller: John Richard Knop & Leslee Helene Belluchie
• Buyer's Representative: Christian Angle - Christian Angle Real Estate
• Seller's Representative: Dana Koch - The Corcoran Group

Notably, John Richard Knop and Leslee Helene Belluchie, both private equity executives, sold their property to a trust managed by attorney Guy Rabideau after completing a two-year, down-to-the-studs renovation. The home is located just one house from the ocean.