An 8,474-square-foot oceanfront estate on Ponte Vedra Boulevard sold for $11.8 million, topping Northeast Florida's weekly home sales list for the period recorded Oct. 12-18.

The sellers were Ian and Anna McLeod. Ian McLeod is a former president and CEO of Southeastern Grocers, the parent company of Winn-Dixie. The buyers were Isabelle and Martin Schnider Jr., according to a deed recorded Oct. 12 with the St. Johns County Clerk of Court, as first reported by the Jax Daily Record.

The property at 1117 Ponte Vedra Blvd. sits on 1.37 acres with 150 feet of Atlantic Ocean frontage, according to the listing. McLeod purchased the home for $6.4 million in 2015. The sale price nearly doubled in 11 years.

The estate first hit the market in July 2025 at $13.75 million, the St. Johns Citizen reported. The asking price dropped to $13.45 million in February before the property was relisted at $11.9 million in September. It went under contract Sept. 30. The sale closed Oct. 9 at near the asking price.

On the deed, the McLeods listed a Greenwich, Connecticut, address, according to the Jax Daily Record. McLeod, a native of Scotland, joined Southeastern Grocers in 2015 and left in 2017 to join Dairy Farm International Holdings Ltd. as group chief executive. His career has spanned leadership roles at Coles Retail Group in Australia, Walmart in Europe and Carrefour in the Middle East. He also served as CEO of Scotland's Celtic Football Club.

The $11.8 million sale was the highest-priced transaction recorded during the Oct. 12-18 period across Baker, Clay, Duval, Nassau and St. Johns counties, according to the Jax Daily Record's weekly top-10 list. It was not the priciest local sale in 2026. A Ponte Vedra Beach estate tied to television personality Marcus Lemonis sold for $22.2 million in July, setting a new St. Johns County record, the St. Johns Citizen reported.

Two other Ponte Vedra-area properties appeared on the weekly top-10 list. A 4,939-square-foot home at 99 Estuary Cove in Ponte Vedra sold to James and Caroline Costello. A 3,570-square-foot home at 132 North Cove Drive in Ponte Vedra Beach sold to Steven and Ann Horton. That North Cove Drive property last changed hands for $1,525,000 in 2024.