William Wrigley Jr., an heir to the Wrigley chewing gum fortune, sold a waterfront compound in North Palm Beach for $97.5 million.
Wrigley sold the 2.5-acre assemblage at 11465 and 11472 Old Harbour Road to an undisclosed buyer, the Wall Street Journal reported. The off-market deal was the most-expensive ever recorded in Lost Tree Village, a private golf community, and may be the priciest in North Palm Beach.
It marks one of the most-expensive residential deals recorded in South Florida this year, and the second-priciest in Palm Beach County in 2025.
Serhant’s Gary Pohrer represented Wrigley, while Douglas Elliman’s Donna Hutchins represented the buyer. The deal closed on Friday, according to Elliman.
The property includes two mansions, built in 2013 and 2014, and multiple docks. Wrigley paid $11 million for the larger property in 2009 and $6.1 million for the smaller piece in 2010, records show.
Wrigley is worth $3.6 billion, according to Forbes. He took over the family business in 1999 and sold the company to Mars Inc. in 2008 for $23 billion.
The previous record for Lost Tree Village was set in May with the $55 million sale of Canadian baby products mogul Maurice Pinsonnault’s mansion at 12032 East End. A hidden buyer purchased that home as well.
Oracle billionaire Larry Ellison’s $80 million purchase of a 7.4-acre oceanfront property in the gated Seminole Landing community was previously the most-expensive sale in North Palm Beach.
The most-expensive home sale in South Florida this year was in Palm Beach.
Billionaire cosmetics mogul William Lauder sold 2.3 acres at 1063 and 1071 North Ocean Boulevard for more than $160 million earlier this year. The deal was not recorded, but sources said that billionaire Microsoft Excel creator Charles Simonyi purchased the properties, as part of a $350 million assemblage on the island.
— Katherine Kallergis
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