Illustrated Properties Closes $18 Million Luxury Jupiter Residential Sale to Baseball Star Max Scherzer

Lori Schacter

 Jupiter, FL – Illustrated Properties continues to be a luxury market leader in the Palm Beaches and beyond. In the latest example, the firm’s Lori Schacter closed the nearly $18 million sale of a waterfront estate in Jupiter’s exclusive Admirals Cove community.

Max Scherzer

Major League Baseball superstar Max Scherzer is the buyer.

Schacter successfully listed the corner lot at 217 Commodore Drive and was able to secure a sale that was close to the property’s asking price. The transaction closed on March 30.

Scherzer, a three-time Cy Young Award winner and World Series champion who currently pitches for the New York Mets, and his wife, Erica, own another high-end home on Commodore Drive.

Erica May Scherzer

Admirals Cove, along with other private club communities in northern Palm Beach County, is extremely popular with professional athletes and other high-profile individuals due to the combination of water, privacy, golf, tennis and other amenities.

Schacter is based in Illustrated’s Jupiter office at 300 W. Indiantown Road and has closed over $1 billion in sales in her time with the firm. She emphasized the potential to renovate the existing home or build a brand-new dream compound when marketing 217 Commodore Drive.

Holly Meyer Lucas

“It is exciting to complete the sale of Commodore Island’s premier corner point lot,” Schacter said. “I was able to leverage my relationships, market knowledge and Illustrated’s unparalleled marketing platform and global network to achieve an optimal result for the seller.”

With direct Intracoastal Waterway views, the more than half-acre 217 Commodore Road property is one of the community’s largest water frontage lots.

Daniel Dennis

 The property’s 7,220-square-foot home has five bedrooms, seven-and-a-half bathrooms, an elevator, full-house generator and guest house. It also features a resort-style pool facing the Intracoastal and large entertaining loggias.

“We are extremely proud of Lori’s success and how she navigated this transaction for her sellers,” Illustrated Properties President Daniel Dennis said. “Her experience and knowledge of the ever-changing luxury market is a tremendous asset to both our company as well as our clients.”

Holly Meyer Lucas of Compass represented the buyers.

One of the few country club communities with its own marina, Admirals Cove provides residents with access to 45 holes of golf, a tennis center, yacht club, kids program and five restaurants.

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