The widow of a former pharmaceutical executive has secured a buyer for her Palm Beach residence, which was listed at $21.5 million after being on the market for seven months.
This sale is part of an increase in luxury real estate activity in Palm Beach County. Between October 20 and October 26, buyers signed 19 contracts for high-end properties in the area, according to Douglas Elliman’s Eklund-Gomes team. The combined asking price of these pending homes reached $126.4 million, with properties averaging 134 days on the market before finding buyers.
In comparison, the previous week saw only 11 contracts signed, totaling $67.4 million in asking prices.
The report monitors signed contracts for single-family homes and condominiums listed at $3 million or more within the Beaches MLS. It also noted that there were 58 new listings during this period and a total of 1,110 active listings available.
Of last week’s pending sales, 15 were single-family homes and four were condos. The average condo asking price was $3.9 million ($1,119 per square foot), with these units spending an average of 170 days on the market. Single-family homes had an average asking price of $7.4 million ($1,612 per square foot) and spent about 99 days on the market.
The highest-priced home to go under contract last week was a 5,400-square-foot property at 231 Via Las Brisas in Palm Beach, listed at $21.5 million. Public records indicate that Nancy Goodes is selling the home; she is the widow of Mel Goodes, who led Warner-Lambert—the company behind Lipitor—before it was acquired by Pfizer for $90 billion in 2000. Mel Goodes passed away last year.
Nancy and Mel Goodes purchased their Via Las Brisas home for $2.9 million in 2014. Built in 1999 on half an acre, it features four bedrooms, four bathrooms, one half-bathroom, and a pool.
The property was put up for sale at its current listing price in March with Dana and Paulette Koch from Corcoran Group handling the listing.
Another notable transaction last week involved a mansion at 336 East Key Palm Road in Boca Raton’s Royal Palm Yacht & Country Club community—a neighborhood where football player Travis Kelce rented a house over the summer. This second most expensive home to find a buyer spans about 9,200 square feet and was listed at $17.5 million by sellers Bob and Kristine Edwards; they bought it for $8.8 million in 2014. Bob Edwards is CEO of e5 Pharma based in Boca Raton.
Built on a .6-acre lot in 2014, this mansion includes six bedrooms, seven bathrooms plus two half-baths, as well as amenities such as a wine room and club room along with waterfront access via dock spanning over two hundred feet.
David Roberts from Royal Palm Properties represents this listing.
