The president of a supplement company sold a West Palm Beach home overlooking the Intracoastal Waterway for $6 million, marking one of the city’s most expensive single-family home sales of the past year.
Brian Ray, president of West Palm Beach-based Garden of Life, and his wife, Kristen, sold the 5,668-square-foot house at 101 Palmetto Lane for $1,058 per square foot, records show. The trust of Alaina Alexander Ewing bought the home.
Sabra Kirkpatrick of Brown Harris Stevens represented the seller, and John Stewart of Brown Harris Stevens represented the buyer.
The home was designed by Roy & Posey Architects and built by Island Construction. It features five bedrooms and five bathrooms. It also features a guest house, pool, spa, dock and boat lift.
The house was built in 2013, records show. The property last sold in 2010 for $1.2 million.
West Palm’s luxury home prices fall far below those just across the bridge in Palm Beach . The city has seen more high-end development in recent years, however. Flagler Investors, led by Al Adelson and Gene Golub, developed The Bristol, a 25-story, 69-unit luxury tower at 1100 South Flagler Drive in West Palm, where buyers include beauty mogul Sydell Miller, who closed on a full-floor penthouse for $42.6 million
In June, interior designer and developer Hilary Musser paid $5 million for a waterfront property in West Palm Beach at 3208 Washington Road.