Interior decorator Caroline Rafferty and her husband, investments advisor Nicholas K. Rafferty, have sold their renovated Palm Beach house for $11.35 million, the price recorded Friday with the deed.
A trust named after the North End property’s address, 272 Via Marila, was on the buyer’s side of the sale. Palm Beach real estate attorney Guy Rabideau served as trustee, the deed shows. Rabideau declined to comment, and because of rules governing trusts, no other information about anyone associated with the trust was immediately available in public records.
Douglas Elliman Real Estate agents Christopher Leavitt and Ashley McIntosh negotiated for the buyer, according to the local multiple listing service.
The Raffertys paid $4.26 million for the property in March 2018 and carried out an extensive renovation, building records show.
Built in 1959, the house has five bedrooms and 6,333 square feet of living space, inside and out, according to the sales description prepared by listing broker Christian Angle of Christian Angle Real Estate. The home stands on a lot of about four-tenth of an acre, several streets north of the Palm Beach Country Club and a few houses west of North Lake Way.
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Angle’s listing described the house as Mid-Century Modern in style and mentioned its well-equipped kitchen with an oversize work island and top-of-the-line appliances. The kitchen overlooks an outdoor dining space, and the pool and patio area are “perfect for entertaining,” the sales listing said.
Interior features include a library, a wet bar and a second-floor playroom that can double as a guest suite. The ground-floor “owner’s wing” includes a master bedroom with its own sitting room.
Angle listed the house for $13.7 million in mid-March, MLS records show.
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Caroline Rafferty is an entrepreneur whose company, Caroline Rafferty Interiors, is on Peruvian Avenue in Palm Beach. A couple of years ago, she and her mother, Julie Fisher Cummings, opened The Grand Tour, a home-furnishings and gift boutique in Palm Beach’s Royal Poinciana Plaza. The store has since closed.
Nicholas Rafferty is a vice president and client advisor at Chilton Investment Co. in Palm Beach.
The couple had the house homesteaded in the latest Palm Beach tax rolls.
This is a developing story. Check back for any updates.