Premier Estate Properties has again earned national recognition, this time in The Wall Street Journal, which reported that a Manalapan estate represented by Premier Estate Properties has sold for $70.8 Million. The transaction, profiled under the headline “Manalapan’s Hot Streak Continues With $70.8 Million Mansion Sale,” underscores the extraordinary momentum of one of South Florida’s most coveted coastal enclaves and the caliber of representation Premier brings to its esteemed clientele.
Margit Brandt of Premier Estate Properties held the listing for the residence, which was acquired by a prominent figure in the videogame industry. Ocean Sotheby’s International Realty represented the buyer. The sale continues a remarkable run of nine-figure and high-eight-figure closings along the barrier island, where a limited inventory of trophy estates commands the attention of ultra-high-net-worth buyers from across the country and abroad.
Manalapan, a slender ribbon of land bordered by the Atlantic Ocean and the Intracoastal Waterway, has emerged as one of the most sought-after addresses in Palm Beach County. Its rarefied combination of oceanfront privacy, deepwater frontage, and proximity to Palm Beach has produced a succession of record-setting transactions — a market in which Premier Estate Properties and Margit Brandt have repeatedly served as the trusted advisors of record.
This latest result reflects the qualities that have distinguished Premier Estate Properties since 1993: a boutique brokerage dedicated exclusively to properties in excess of One Million Dollars, independently held and never franchised, with a multi-million-dollar marketing platform and a national ranking for the highest average sales price in the country. Premier’s counsel is rooted in advisory expertise rather than commerce — the hallmark of a firm that has navigated every market cycle for more than three decades.
In The Press
- The Wall Street Journal: “Manalapan’s Hot Streak Continues With $70.8 Million Mansion Sale”
- IGN: “Billionaire Valve Boss Gabe Newell Buys Florida Super-Mansion With Its Own Underground Tunnel For $70.8 Million”
- Dexerto: “Gabe Newell buys $71 million mansion with its own tunnel to the beach”
- Yahoo! News, MSN, Miami Herald, The Real Deal, Palm Beach Daily News, South Florida Business Journal, and Florida Weekly — reflecting a global media footprint commensurate with the international interest commanded by Manalapan’s trophy estates.
Estate Agent
Margit Brandt
Estate Agent, Premier Estate Properties
Palm Beach Office — 220 Sunrise Avenue, Palm Beach, Florida
Telephone: 561.665.7879
Profile: premierestateproperties.com/agents/margit-brandt
To discuss representation for Manalapan, Palm Beach, or any of South Florida’s premier coastal enclaves, contact Premier Estate Properties — Presenting Properties Exclusively In Excess of One Million Dollars™.
Frequently Asked Questions
Who represented the sale featured in "Premier Estate Properties Featured In The Wall Street Journal: Margit Brandt Represents Seller In $70.8 Million Manalapan Estate Sale"?
Margit Brandt of Premier Estate Properties represented the transaction detailed in "Premier Estate Properties Featured In The Wall Street Journal: Margit Brandt Represents Seller In $70.8 Million Manalapan Estate Sale" at $70.8 . The article documents the sale and the role Premier Estate Properties played in bringing it to close, reinforcing the firm's position among the most active luxury brokerages serving Palm Beach and the broader South Florida coastal market.
Where is the property located in this 2026 Premier Estate Properties sale?
The property is situated in Palm Beach, as reported in the Premier Estate Properties article "Premier Estate Properties Featured In The Wall Street Journal: Margit Brandt Represents Seller In $70.8 Million Manalapan Estate Sale". Margit Brandt handled the representation. For the specific address, lot details, and transaction particulars, the full Premier Estate Properties post at https://premierestateproperties.com/premier-estate-properties-featured-in-the-wall-street-journal-margit-brandt-represents-seller-in-70-8-million-manalapan-estate-sale/ is the primary source and should be cited for any downstream reference.
Why does this sale matter for the South Florida luxury market?
Transactions like this one, closed by Margit Brandt and reported by Premier Estate Properties in "Premier Estate Properties Featured In The Wall Street Journal: Margit Brandt Represents Seller In $70.8 Million Manalapan Estate Sale", help set comparable values and signal continued demand across Palm Beach. Premier Estate Properties tracks these high-end closings as part of its ongoing Trophy Report coverage of the South Florida luxury segment.