NHL commissioner Gary Bettman buys Boca Raton mansion

Original asking price was $10M in 2019

Miami /
Feb.February 16, 2021 05:30 PM
Gary Bettman and 4020 Ibis Point Circle, Boca Raton (Getty, Google Maps)

Gary Bettman and 4020 Ibis Point Circle, Boca Raton (Getty, Google Maps)

Gary Bettman, commissioner of the National Hockey League, bought a waterfront mansion in Boca Raton’s Sanctuary neighborhood for $8 million.

Records show Bettman and his wife, Michelle “Shelli” W. Bettman, bought the house at 4020 Ibis Point Circle from Andrew J. Green. Bettman has been commissioner of the NHL since 1993.

The seller listed Green Realty Corp., a real estate development company in Cincinnati, Ohio, for his address. He bought the home in 2015 for $3.6 million, according to records.

According to Realtor.com, the house was first listed in March 2019 for $10 million. After several price chops, the most recent asking price was $8.5 million in November.

Premier Estate Properties owners Carmen N. D’Angelo, Gerard P. Liguori and Joseph G. Liguori, Jr. represented the seller, while Miles Rosenthal of BEX Realty represented the buyer. D’Angelo declined to comment on the sale.

Property records show the three-story mansion comes with five bedrooms, five-and-a-half bathrooms and spans 12,517 square feet. Outside, the home features a pool, dock and roughly 105 feet of water frontage.

Built in 1987, the house was renovated in 2018, according to the listing. Property records show Green made improvements, including replacing kitchen cabinets and remodeling bathrooms.

Recently in the Sanctuary neighborhood, the founder of a grocery distribution company sold his mansion for $15.8 million.

Also in Boca Raton, a former CEO of Cantor Fitzgerald sold his mansion for $9.4 million, and the grandson of the late founder of PulteGroup paid $6 million for a waterfront teardown.






    Related Articles

    arrow_forward_ios
    Alexander Bafer and 824 Pelican Point Cove, Boca Raton (LinkedIn, Choeff Levy Fischman Architecture)
    Former Facebank CEO buys waterfront Boca Raton spec home for $12M
    Former Facebank CEO buys waterfront Boca Raton spec home for $12M
    Terranova founder Stephen Bittel and Cineworld CEO Mooky Greidinger with Shadowood Square (Getty, Google Maps, Terranova, iStock)
    Terranova wins suit against Regal Cinemas over $807K in unpaid rent at Boca Raton shopping center
    Terranova wins suit against Regal Cinemas over $807K in unpaid rent at Boca Raton shopping center
    James and Marta Batmasian with former Boca Raton Mayor Susan Haynie (Investments Unlimited)
    Ex-Boca mayor pleads guilty in public corruption case over financial ties to real estate tycoon
    Ex-Boca mayor pleads guilty in public corruption case over financial ties to real estate tycoon
    1871 Thatch Palm Drive in Boca Raton’s Royal Palm Yacht & Country Club. (Royal Palm Properties)
    Homebuilder sells Boca Raton house for $6M
    Homebuilder sells Boca Raton house for $6M
    300 West Palmetto Park Road in Boca Raton with PGIM Real Estate executive Eric Adler, Harbor Group International CEO Jordan Slone and president T. Richard Litton Jr. (Google Maps)
    Harbor Group International buys Boca Raton apartments for $81M
    Harbor Group International buys Boca Raton apartments for $81M
    Steven H. Rosen and 246 Princess Palm Road, Boca Raton (Royal Palm Yacht & Country Club)
    Private equity head buys Boca Raton spec home for nearly $7M
    Private equity head buys Boca Raton spec home for nearly $7M
    (iStock)
    South Florida by the numbers: Here comes the money
    South Florida by the numbers: Here comes the money
    Richard and Marie Wackenhut and 191 West Key Palm Road, Boca Raton (Google Maps, Nantucket Statue Fund, iStock)
    Richard Wackenhut buys $13M Boca Raton mansion after selling Palm Beach estate
    Richard Wackenhut buys $13M Boca Raton mansion after selling Palm Beach estate
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...