Businesswoman Lauri Cornell purchased a new mansion in Palm Beach for $14.2 million.
Michael Belisle , the former CFO of the Largo Group, and his wife, Linda Gary , a luxury real estate broker, sold their new home of 5,268 square feet at 341 Eden Road. Gary, the head of Palm Beach-based Linda A. Gary Real Estate, brokered the deal.
The couple completed the home on the 0.33-acre site earlier this year.
Gary said they started building it as their personal home, figuring all that space would be “perfect to host their nieces and nephews.” The couple doesn’t have children. However, when their oldest nieces started college, they realized they wouldn’t be visiting Palm Beach so often, and they didn’t need all that space in their home, she said.
Still, building a home with the current supply chain issues proved challenging, Gary said.
“What should have taken us two years took three years to build,” Gary said. “Getting materials delayed us. Getting the microchips for the full-house generator and the elevators took six to eight weeks.”
Ultimately, Gary was pleased with the finished product, working with Ed Cury of Palm Beach-based Cury Group as general contractor and Palm Beach-based SKA Architect+Planners. The home has five bedrooms, six bathrooms, a pool, and concrete slabs on the second floor so people on the first floor can’t hear people walking upstairs.
Gary said she’s in the market for a smaller home in Palm Beach.
Cornell, on the other hand, upsized after selling a 4,476-square-foot Palm Beach home for $18 million in April. She is the head of Lonroc Consulting and the widow of money manager Ronald LaBow , who died in 2020.
