Stuart Hankin Sells Single Family Home At 228 Bears Club Drive For $39 Million
228 Bears Club Drive
$39,000,000
$3,578/SF
Building Size
10,900 SF
Asset Type
Single Family
Closing
Apr 8, 2026
AI
A 10,900-square-foot single-family property located at 228 Bears Club Drive in Jupiter is currently under contract for $39 million. The estate, developed by Stuart Hankin, encompasses one acre and features six bedrooms, eight bathrooms, two half-bathrooms, a theater, a 1,600-bottle wine cellar, and a pool. It has a price per square foot of $3,578 and was completed in 2024.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $39,000,000
- Address: 228 Bears Club Drive
- Market: Jupiter
- Seller: Stuart Hankin
- Broker: Margit Brandt - Premier Estate Properties
- Acquired Site Price: $3,400,000
- Year of Completion: 2024
The transaction highlights key individuals involved, with Margit Brandt representing the seller, Stuart Hankin, in this high-value deal. The sale marks a significant event as it stands as the priciest home in Palm Beach County to secure a buyer last week.
Jupiter 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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93