Wayne Gretzky Sells His North Palm Beach Waterfront Mansion for $6.42 Million
Hockey legend Wayne Gretzky has officially closed the chapter on his North Palm Beach chapter, selling his sprawling waterfront mansion for $6.42 million. The sale marks the end of a relatively brief but eventful stint in the Florida property market for the 65-year-old NHL icon — and it comes with a fascinating backstory that weaves together family ties, professional sports royalty, and the ever-volatile world of luxury real estate.
The transaction stands out not just for its impressive price tag, but for the uniquely personal chain of ownership behind it. The property passed from golf superstar Dustin Johnson to his father-in-law Wayne Gretzky, and has now moved on to a new owner — each transaction reflecting the rising tide of Palm Beach real estate values over the past decade.
The Family Connection: From Dustin Johnson to Wayne Gretzky
The story of this elegant North Palm Beach estate really begins in 2016, when PGA Tour star Dustin Johnson first purchased the property for $2.9 million. Johnson, who is married to Paulina Gretzky — Wayne's supermodel daughter — held onto the home for several years before selling it within the family in 2022.
Wayne and his wife Janet Gretzky acquired the North Palm Beach mansion from Johnson for $4.5 million, a transaction that reflected both the property's increasing value and the family's desire to consolidate their lives in Florida. At the time, the Gretzkys had recently completed a major cross-country relocation, having left behind their long-time base in California to be closer to their children and grandchildren in the Sunshine State.
Before making the move to Florida, Wayne and Janet had sold their impressive Westlake Village mansion in California for a remarkable $17.6 million in 2021 — a sale that signaled both a lifestyle shift and a savvy real estate move. The proceeds from that transaction gave the couple considerable flexibility as they settled into their new Florida life.
A Palatial Waterfront Property in North Palm Beach
The North Palm Beach estate is everything you would expect from a home that has housed two of sport's most recognizable names. Described as palatial, the property sits along the waterfront and combines elegance with the kind of scale that reflects the status of its former owners.
North Palm Beach itself has become an increasingly desirable enclave within the broader Palm Beach County real estate market. Located just north of the famed island of Palm Beach, the area offers waterfront living, proximity to world-class golf courses, and a quieter, more residential atmosphere compared to its glamorous neighbor. For a family like the Gretzkys — with deep ties to both hockey and professional golf through Dustin Johnson — the location was a natural fit.
The home's waterfront positioning is one of its defining features, offering direct access to the intracoastal waterway and the kind of sweeping water views that command premium prices in South Florida's competitive luxury market.
Listing, Price Reductions, and the Final Sale
Despite the home's undeniable appeal, the Gretzkys found that selling a high-end property in the current market required patience and strategic pricing. In November 2025, after spending less than four years in the home, the couple listed the property at an ambitious $8.99 million — nearly double what they had paid for it just three years earlier.
The initial asking price, while reflective of the property's quality and the broader appreciation of Palm Beach real estate, proved difficult to achieve in the current climate. Buyers at the ultra-luxury end of the market have increasingly shown caution, and competition from new construction and other prestigious listings in the area made it challenging to command a price close to the original ask.
By March 2026, the Gretzkys adjusted their strategy, reducing the asking price to $7.8 million. The move proved effective, with the property quickly going under contract and ultimately closing at $6.42 million. While that figure falls short of the loftier asking prices, it still represents a healthy profit of nearly $2 million over what Gretzky paid in 2022 — and a staggering increase from the $2.9 million Dustin Johnson originally spent on the property a decade ago.
Wayne Gretzky's Real Estate Journey: A Winning Track Record
This sale adds another successful chapter to Wayne Gretzky's impressive record as a real estate investor. Across multiple properties and decades, Gretzky has demonstrated an ability to buy well and sell better, leveraging his financial acumen alongside his legendary status in the sports world.
- Dustin Johnson purchased the North Palm Beach estate for $2.9 million in 2016.
- Wayne Gretzky bought the home from Johnson for $4.5 million in 2022.
- The Gretzkys listed the property for $8.99 million in November 2025.
- The price was reduced to $7.8 million in March 2026.
- The home ultimately sold for $6.42 million, netting Gretzky a profit of roughly $1.92 million.
The California sale further underscores his financial instincts — offloading the Westlake Village property for $17.6 million in 2021 at what proved to be close to the peak of California's luxury market was well-timed by any measure.
Palm Beach Real Estate: Still a Market for the Stars
The Gretzky-Johnson property saga also highlights the enduring allure of Palm Beach County as a magnet for wealthy buyers, particularly those from the worlds of professional sports and entertainment. The region has seen extraordinary demand over the past several years, driven by an influx of high-net-worth individuals relocating from higher-tax states like California and New York.
North Palm Beach, in particular, has benefited from this migration, with waterfront homes consistently attracting attention from buyers seeking privacy, lifestyle amenities, and proximity to the private clubs and golf courses that dot the area. The presence of high-profile residents like Wayne Gretzky and Dustin Johnson further elevates the area's desirability and media profile.
While the final sale price of $6.42 million represented a discount from the original listing, it still places the transaction firmly in the top tier of the local market — and serves as yet another data point in the ongoing story of South Florida's rise as America's premier destination for luxury real estate.
What's Next for the Gretzkys?
With the North Palm Beach mansion now sold, it remains to be seen where Wayne and Janet Gretzky will plant their next roots. Their pattern of strategic buying, living well, and selling profitably suggests that wherever they land next, it will be worth watching. For now, the Great One has once again proven that his skills extend well beyond the ice rink — and that when it comes to real estate, his record is just as impressive as his hockey statistics.