New Bear's Club Estate Sells for Nearly $34 Million in One of Jupiter's Biggest Luxury Home Deals

JUPITER, Fla. — Jupiter's luxury real estate market continues to make headlines as a newly built estate inside the prestigious Bear's Club has sold for nearly $34 million, making it one of the area's most significant residential transactions this year.

The property, located within the exclusive Jack Nicklaus-founded golf community, changed hands for approximately $33.8 million. The buyer is technology entrepreneur and investor Derek Kreunen, according to public real estate reports.

Completed in 2025, the custom-built residence spans approximately 10,900 square feet and sits on about one acre.

The home features six bedrooms, multiple entertainment spaces, a wine cellar, private theater, elevator, resort-style pool, and expansive outdoor living areas designed for South Florida living.

The Bear's Club has long been recognized as one of Jupiter's most exclusive residential communities, attracting professional athletes, executives, entrepreneurs, and business leaders seeking privacy, championship golf, and luxury amenities.

The latest transaction reflects the continued strength of Jupiter's high-end real estate market, where demand for luxury homes has remained strong despite broader shifts in the housing market. Multi-million-dollar sales have become increasingly common in recent years, with several properties setting record-breaking prices across northern Palm Beach County.

While homes in this price range represent only a small portion of Jupiter's housing market, these transactions often draw national attention and highlight the community's growing reputation as one of Florida's premier destinations for luxury living.

As Jupiter continues to attract new residents and investment, high-profile real estate sales like this one underscore the area's appeal to business leaders and entrepreneurs from across the country.

Source: Public real estate records and reporting by The Real Deal and Hoodline.