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953 Thayer Lane
About This Property
The property features approx. 150' of direct frontage on the Loxahatchee River, plus over 600' of frontage along a private canal and basin, creating exceptional water views, privacy, and design flexibility. The parcel includes a private cove with a one-of-a-kind boat/guesthouse constructed directly over the water, equipped with a 12,000-lb boat lift, lifting boat into the first level of the 3-level 2BR/2BA guesthouse.
Extending from Center Street to the Loxahatchee River and including a privately owned road, the setting is remarkably secluded, nearly a quarter mile from the nearest public road, yet centrally located. Enjoy a two-mile boat ride to the Jupiter Inlet with quick access to the Gulf Stream for offshore fishing, and a short cruise to restaurants at Love Street and Harborside. Some of Palm Beach County's best beaches, I-95, and the Florida Turnpike are all within three miles.
Surrounded by natural beauty, the property is a true wildlife sanctuary, home to osprey, pelicans, herons, and occasional manatees and sea turtles. Formerly home for 60+ years to Jupiter pioneer Dodie Thayer (famed Lettuce Ware artisan), this fisherman's paradise represents a rare opportunity to create a legacy waterfront estate on one of Jupiter's most significant, iconic parcels.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Jan 28, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Water Pointe Realty Group | $7,950,000 | |
| Listed by Water Pointe Realty Group | |||
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About Cove Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017