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1515 South Cypress Dr
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A custom waterfront estate owned by MLB pitcher Max Scherzer is once again making headlines, this time featured in The Real Deal following its highly anticipated $36 million listing inside the exclusive gates of Admirals Cove in Jupiter, Florida.
The property, represented by Holly Meyer Lucas alongside Meyer Lucas Team agents Kimberly Thomson and Courtney Payne, continues to capture industry attention as one of the most notable luxury offerings currently on the market in Palm Beach County’s waterfront sector.
According to The Real Deal, the Scherzers originally acquired the Admirals Cove property in 2023 as a teardown for $14.9 million, envisioning a fully customized dream home designed from the ground up. Positioned on a coveted Intracoastal corner lot with approximately 325 feet of wraparound waterfrontage, the residence reflects a growing demand among luxury buyers for privacy, new construction, and expansive waterfront access.
The nearly completed estate blends modern design with lifestyle-focused amenities, including a private dock capable of accommodating a large yacht, an infinity-edge pool overlooking the water, expansive outdoor entertaining areas, and interiors curated by renowned designer Krista Watterworth Alterman of Krista + Home. The thoughtful layout incorporates flexible spaces designed for both everyday living and elevated entertaining.
While originally planned as their personal residence, the Scherzers ultimately decided to list the property after exploring opportunities in nearby Hobe Sound, highlighting the evolving priorities of luxury buyers seeking unique lifestyle-driven communities throughout South Florida.
Industry coverage from outlets like The Real Deal reinforces the continued momentum surrounding high-end waterfront real estate in Jupiter, where limited inventory and design-forward new construction remain highly sought after among discerning buyers.
Looking to buy or sell in South Florida? Our renowned team of real estate experts are eager to help you get started with your next real estate move!
🏡 We serve buyers and sellers in: Jupiter • Palm Beach • Palm Beach Gardens • Tequesta • Stuart • Hobe Sound • Palm City • North Palm Beach • Juno Beach
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Mon - Fri, 9 am - 6 pm 1515 South Cypress Dr Jupiter FL 33469
Mon - Fri, 9 am - 6 pm 1515 South Cypress Dr Jupiter FL 33469