Kenneth M. Grunley Of Grunley Construction Co. Purchases Jupiter Mansion For $15.25M

A single-family mansion located at 112 Quayside Drive in Jupiter features a canal front and covers 6,448 square feet. The property sits on an acreage of 0.43 and was sold for $15,250,000, resulting in a price per square foot of $2,365. The residence includes five bedrooms, a pool, an elevator, and a boat dock, and marks its first sale since being built in 2021.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,250,000
• Address: 112 Quayside Drive
• Market: Jupiter
• Square Footage: 6,448
• Sale Price per Square Foot: $2,365
• Buyer: Kenneth M. Grunley
• Buyer’s Company: Grunley Construction Co.
• Seller: Patricia C. Stern & Russell R. Stern
• Buyer’s Representative: Janis Lax - Waterfront Properties and Club Communities
• Seller’s Representatives: Fred Locke & Michele Locke - Fine Living Realty

This transaction highlights the involvement of Kenneth M. Grunley, the CEO of Grunley Construction, who acquired the property amid a trend of executive migration to Palm Beach County. The deal was facilitated by Janis Lax for the buyer and Fred Locke & Michele Locke representing the sellers.