John and Diane Sculley have sold their oceanfront Palm Beach estate — a roughly 1-acre property at 1214 North Ocean Boulevard — for $37 million, according to listing and real-estate reports.
The sale closed this week and, by several accounts, represents a steep markdown from the couple’s original asking price earlier this year. The Sculleys listed the property in January for $54.9 million and trimmed the price to $49.5 million in March before agreeing to the $37 million deal.
The Palm Beach estate was built up over several purchases: the Sculleys bought the oceanfront house at 1214 North Ocean Boulevard in 2018 for about $14.9 million and later acquired the adjacent property at 110 Mockingbird Trail in an off-market deal in 2023 for roughly $11.4 million, bringing their total outlay for the assembled acre to roughly $26.3 million. The couple had previously filed plans for additions and a guest house but those projects were not completed before the sale.
The buyer has not been publicly identified and, as of reporting, the transaction has not yet appeared in local public-record filings. Real-estate insiders who worked the listing included Christian Angle of Christian Angle Real Estate; another agent, James Kenny, was reported to have brought the buyer.
John Sculley, who led Apple from 1983 to 1993 and later became an investor in wireless and tech ventures, has owned multiple Palm Beach properties in recent years as part of a trend of affluent buyers assembling larger private compounds on the island’s north end. The sale comes amid a summer of high-profile — and mixed — luxury deals in Palm Beach, where record and headline purchases have coexisted with significant price reductions on other high-end listings.
Market watchers say the Sculley transaction underscores two clear currents in today’s ultra-luxury Florida market: buyers remain willing to pay premium prices for beachfront acreage, but sellers who listed at peak-season pricing are increasingly cutting expectations to secure deals.
