William Wrigley Jr. Sells North Palm Beach Compound For $97.5 Million With Buyer’s Broker Donna Hutchins
11465 Old Harbour Road
$97,500,000
$5,457/SF
Building Size
17,865 SF
Asset Type
Single Family
Closing
Dec 12, 2025
AI
The property involved in the transaction is a single-family estate located at 11465 Old Harbour Road in North Palm Beach. This expansive compound spans two parcels and features separate mansions constructed in 2013 and 2014. The total square footage is 17,865, and it was sold for $97,500,000, which translates to a price per square foot of $5,458.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $97,500,000
- Address: 11465 Old Harbour Road
- Market: North Palm Beach
- Square Footage: 17,865
- Price Per Square Foot: $5,458
- Seller: William Wrigley Jr.
- Buyer's Representative: Donna Hutchins - Douglas Elliman
- Seller's Representative: Gary Pohrer - Serhant
William Wrigley Jr. sold the estate in Lost Tree Village, which includes multiple docks. He acquired the parcels in 2009 and 2010 for a combined $17.1 million. The identity of the buyer remains undisclosed, and the representation for the buyer was provided by Donna Hutchins from Douglas Elliman, while the seller was represented by Gary Pohrer from Serhant.
Players
North Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.16%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93