ST. LOUIS BUSINESS JOURNAL -- A six-bedroom, 14-bath Ladue mansion has sold for $5.68 million, nearly half of the original asking price for the estate.
The Business Journal previously reported the home hit the market with a price tag of $10.75 million. The property is the former home of the late Dennis Jones, who died in 2016, and his wife, Judy Jones.
Dennis Jones sold his business, Jones Pharma, for $3.4 billion in 2000. Judy Jones bought a $4.5 million Clayton Penthouse in 2017, according to previous Business Journal reporting.
Summer Bay Inns L.C. purchased the estate from the Dennis M. Jones Sr. Trust. Joe Scott Sr., owner and CEO of Scott Properties, is the registered agent for Summer Bay Inns. The deal closed in March, according to St. Louis County real estate records, which show the home has an appraised value of $8.54 million.
