A newly built waterfront home on Palm Beach’s ultra‑tucked‑away Ibis Isle just sold for a hair under $10 million, landing among the island’s largest single‑family closings this month. Finished in 2025, the two‑story residence spans roughly 4,546 square feet and packs in five bedrooms, five‑and‑a‑half bathrooms, a rooftop terrace, summer kitchen and a heated pool. The sale price came in noticeably under the home’s most recent public asking figure, a small but telling sign that even this rarefied slice of the market is seeing sellers adjust their expectations.
According to Spot On Florida, the seller moved the property through an LLC tied to Lamara and Christina Watson, while the buyer acquired it via an entity linked to the Eyckeler family. Public listing and sales records show the deal closed in mid‑February at $9,990,250, a price point that still puts the home squarely in trophy territory, even if it did not quite hit the top of its marketing range.
Listing, specs and price history
MLS feeds and listing aggregators show the house was brought to market with an $11.5 million asking price. Marketing materials highlighted high‑end finishes and a 0.28‑acre lot. The public record and listing data line up on the finished interior size at about 4,546 square feet and reflect a few price adjustments before the property went under contract. Those details remain viewable on consumer sites that mirror the MLS. Zillow carries the public listing information.
Who bought and who sold
The use of LLCs on both sides of the deal fits the standard Palm Beach playbook, where privacy and tax planning often drive how contracts get papered. Local sales logs show the $9,990,250 closing recorded in mid‑February, with the address now appearing among the latest high‑end trades on Ibis Isle.
The listing broker’s public sales log and agent pages place the transaction among her recent closings tied to the property. Samantha Curry includes the sale on her roster of significant deals.
What it means for the Palm Beach market
Turnkey new construction on the island is still drawing eager buyers, but the gap between original asking prices and final closing numbers suggests a bit of recalibration at the top of the market. County‑wide coverage has tracked sustained appetite for luxury homes alongside rising fees and other hallmarks of concentrated high‑net‑worth activity, which helps explain why finished, well‑located properties like this one continue to move, even as pricing gets tweaked on the way to the closing table. For broader local context, see recent reporting in the Palm Beach Post…