Cortright Wetherill Jr Sells Landmark Palm Beach Home For $12.5 Million With Illustrated Properties

A landmarked single-family home located at 250 Algoma Road in Palm Beach, FL, has been sold for $12,500,000. This residence spans 5,213 square feet and sits on 0.42 acres, reflecting a price per square foot of $2,398. The property was extensively renovated by the seller, Cortright Wetherill Jr., and his late wife, Janice, since their acquisition of the home in 2020 for $5.1 million.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,500,000
• Address: 250 Algoma Road
• Market: Palm Beach, FL
• Square Footage: 5,213
• Acres: 0.42
• Seller: Cortright Wetherill Jr
• Brokers: James Clarke, Stephanie Meeker & Jeanne Burns - Illustrated Properties
• Price per Square Foot: $2,398

The buyer representation of the transaction was handled by Stephanie Meeker and Jeanne Burns, both from Illustrated Properties, who facilitated the acquisition after the property's significant renovations. The home is notably situated near Mar-a-Lago, adding to its appeal in the prestigious Palm Beach market.