Palm Beach Daily News Article on Recent Sale
Headed east — Lois Pope is moving back to Manalapan. To be exact, she’s headed to an expansive house on an ocean-to-lake lot at 1720 S. Ocean Blvd..
A revocable trust in the philanthropist’s name just paid a recorded $16.2 million for the custom home completed in 2004 for AmWay co-founder Richard DeVos and his wife, Helen. They owned it through a Michigan corporation named RDV Properties.
On land measuring about 2 1/2 acres, the seven-bedroom house has 35,017 square feet of living space, inside and out, according to the MLS listing prepared by Pascal J. Liguori of Premier Estate Properties. The property also offers 200 feet of waterfront on both sides and has a 10-bay underground garage, a guesthouse, a 50-foot-long infinity-edge pool and a putting green.
Pope and her late husband, tabloid-newspaper mogul Generoso Pope, were longtime Manalapan residents, having built a house in 1970 at 1370 S. Ocean Blvd. In 1999, she sold it for a recorded $15 million to developer Frank McKinney and bought a house in the gated Addison Reserve development west of Delray Beach. She paid a recorded $2.4 million for the turnkey home.
That house, on a half-acre of land, is being marketed at $2.2 million, co-listed by agents Meryl and Spero Michos of Berkshire Hathaway Florida Realty. They also represented Pope in the purchase of her new home, for which the deed recorded Wednesday.
Pope says she enjoyed living in Addison Reserve but is looking forward to being closer to the charity events she frequently attends in Palm Beach.
“I’m going back to my old hunting ground,” she says. “I love the house — it’s a happy, light and airy home. And it has more land for my doggies to run around, and I like that, too.”- See more at: http://www.palmbeachdailynews.com/news/business/north-lake-way-house-fetches-68m/nf6sH/#sthash.9hJGxJv7.dpuf