Jamie McCourt, the former co-owner and CEO of the Los Angeles Dodgers and U.S. ambassador to France under Donald Trump, has sold her contemporary waterfront home in Jupiter, Florida, for $15.45 million.
That’s a healthy return for Ms. McCourt, 69, who paid $7.95 million for the five-bedroom pad in the summer of 2019. She owned the home through a trust for which she’s the trustee, records show.
The profit is right on brand for South Florida’s luxury real estate market, which has seen a white-hot run since the pandemic, and in Jupiter, in particular, typical high-end home prices have doubled.
In the second quarter of 2019—when Ms. McCourt bought the home—the median price for a luxury single-family home in Jupiter was $2.35 million, according to data from Douglas Elliman. Meanwhile, in the first quarter of 2023 the metric was up 100% to $4.7 million.
The modern estate is in Jupiter’s Admirals Cove, a gated community that is “undoubtedly one of the most coveted neighborhoods in Jupiter, and this home raises the bar for high-end waterfront living,” said Matthew Dugow of The Carroll Group with Compass, who had the listing.
The Carroll Group
The buyer, who was represented by Donna Hutchins of Douglas Elliman, is listed in property records as a family trust.
Mr. Dugow declined to comment on either parties involved in the transaction.
Encased in double-height walls of windows, the transparency property “really sets the home apart,” he said. “You see straight through to the backyard from the glass-front entrance and at night the property glows.”
Inside, warm natural woods and stone details are used against white walls and towering ceilings to provide contrast to the otherwise sleek look of the home.
The Carroll Group
Amenities include an eat-in chef’s kitchen with backlit onyx countertops; a spacious roof deck with water views and seating areas; a temperature-controlled custom wine vault; an infinity pool and hot tub; and a covered terrace with a summer kitchen and plenty of space for entertaining, according to the listing.
Another standout feature, according to Mr. Dugow, is the private dock with space for a 70-foot yacht.
Ms. McCourt and her ex-husband, Frank, purchased the Dodgers in 2004. In 2011, she reportedly renounced her claim to the MLB team as part of the couple’s divorce proceedings. From 2017 to 2021, Ms. McCourt—who could not be reached for comment—served as the U.S. ambassador to France and Monaco.