The Real Deal Miami

CEO lists Jupiter Island house he bought from country singer

The $16.75 million asking price excludes the house's contents, including an autographed guitar from recording artist Alan Jackson
January 14, 2018 01:35PM

617 Soth Beach Road in Jupiter Island (Credit: Wall Street Journal | Robert Stevens)

The chief executive officer of German software company SAP has listed the Jupiter Island house he bought from country singer Alan Jackson.

SAP CEO Bill McDermott listed the five-bedroom house for sale with an asking price of $16.75 million, 38 percent more than he paid Jackson for the waterfront property in 2012.

McDermott, 56, bought the house at 617 South Beach Road from Jackson for $10.45 million, plus an additional sum for its contents, including furniture, two cars and a guitar that Jackson signed for him.

The CEO said he would consider selling the furniture, the cars and other contents, perhaps even the autographed guitar, but they aren’t included in his $16.75 million asking price.

His house occupies a 1.2-acre site on Jupiter Island that spans the barrier island from the Atlantic Ocean to the Intracoastal Waterway.

There is a swimming pool, a putting green and a boardwalk to the beach on the ocean side of the property, and a beach, private dock and sunset-watching deck on the Intracoastal side.

The 9,600-square-foot house has an elevator, a library, a home theater and walnut flooring.

Joanne Wagner Hughes of Fenton & Lang has the listing for the property, which comes with a one-bedroom guesthouse.

If McDermott sells his Jupiter Island property, which he considers his primary residence, he may not depart South Florida. He just paid $14.11 million for a vacant parcel along the Intracoastal Waterway in Palm Beach, where may build a house. [Wall Street Journal] — Mike Seemuth