Lothar Mayer, the former president of Liberty Hardware Manufacturing, a supplier of decorative cabinet hardware and bath accessories, sold one of his two Ocean Ridge properties, a home at 6017 Old Ocean Blvd.
The house was listed for $11.5 million and the recorded selling price is $9 million.
The six-bedroom and 8.5-bath house, with 13,687 total square feet, and 9,266 square feet under air conditioning, was bought by Yves Moquin.
Says Realtor Paul Fishman of Estates and Fine Homes in Boca Raton, who was the listing agent: “This is the highest-selling-price house ever sold in Ocean Ridge. This will definitely help property values in Ocean Ridge.”
The next highest sale price goes back to 2004, when 4555 Coquina Road in Pelican Beach changed hands for $6.4 million.
The house, built in 2003, was on the market for less than a year, Fishman says. “The buyers and sellers were quality people. Both experienced businessmen, the seller and his wife invited the buyer and his wife to their house and had a discussion to make the deal.”
The house, which has ocean access, has nice features, according to Fishman, who lists “the size of the house, its layout, its finish quality, space and views.”
— Christine Davis