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| Florida Estate Sells Below Its 2001 Price By: CHRISTINA S.N. LEWIS 06/27/08 British Internet entrepreneur Stuart Lawley has sold his Jupiter, Fla., riverfront mansion for $4.65 million, about 22% less than he paid for it in 2001. In the late 1990s, Mr. Lawley founded oneview.net, which helped businesses get on the Web, and eventually sold the company. (Recently, Mr. Lawley tried to create a separate area on the Web for pornography sites via a dot-xxx domain name.) He paid $5.925 million for the 9,700-square-foot house called "Villa Del Fiume." Built in 1998, the Mediterranean-style home is on 1.74 acres and includes a two-bedroom guest house and a dock. Jupiter, in southeast Florida, is also home to Tiger Woods. Mr. Lawley was required to sell the house due to a divorce from his wife, Amanda, who co-owns the property, according to Les Bryant, of Continental Realty Auctions, who handled the sale with Palm Beach County-based Illustrated Properties, an affiliate of Christie's Great Estates. Mr. Lawley's ex-wife couldn't be reached for comment. Mr. Lawley had put the house up for sale in an auction broadcast
on the Web in April, seeking $4.5 million, but the home failed
to find a buyer. Mr. Bryant says that a Boston-based marketing
executive who saw the auction advertised but wasn't able to see
the house before the event eventually bought the home. *** |