Asplundh Tree Expert Family Purchases Palm Beach Home From Mary And Austin Willis For $15.925M

The property asset involved in this transaction is a single-family residence located at 218 List Road in Palm Beach. The sale price for the home was $15,925,000, which translates to a price per square foot of $3,168. The residence spans 5,027 square feet and sits on a 0.29-acre lot. It was built in 1959 and was previously purchased in 2014 for $2.95 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,925,000
• Address: 218 List Road
• Market: Palm Beach
• Square Footage: 5,027
• Price Per Square Foot: $3,168
• Acres: 0.29
• Buyer: Asplundh Tree Expert family
• Seller: Mary Willis; Austin Willis - Willis Lease Finance Corp
• Broker: Todd Peter - Sotheby's International Realty

Austin C. Willis, the CEO of Willis Lease Finance Corp., along with his wife, completed the sale of their Palm Beach home to a trust associated with the Asplundh Tree Expert family. The transaction highlights the ongoing demand for high-end properties in Palm Beach, as affluent buyers continue to elevate market prices.