Netscape Co-Founder Jim Clark Buys Palm Beach Waterfront Compound for Nearly $100 Million

The Wall Street Journal: Netscape co-founder buys Palm Beach compound for nearly $100 million

One of the most significant Palm Beach sales of the year closed quietly. As first reported by The Wall Street Journal, a waterfront compound on the Intracoastal Waterway has sold off market for close to $100 million, and Christian Angle of Christian Angle Real Estate represented the sellers.

The buyers are Netscape co-founder Jim Clark and his wife, Kristy Hinze Clark. The sellers are car-dealership executive David Fischer, who led The Suburban Collection and served as U.S. ambassador to Morocco, and his wife, Jennifer.

A Rare Intracoastal Assemblage

The Fischers built the compound over two decades, buying the half-acre main parcel in 2000 and an adjacent lot in 2021 for a combined total of about $12.1 million, according to The Real Deal. The property includes:

  • A five-bedroom, seven-bath main residence of about 8,500 square feet, built in 1998
  • A four-bedroom guest house of about 4,000 square feet, completed in 2025
  • A private dock on the Intracoastal Waterway

The price works out to roughly $8,000 per square foot across both houses. Margit Brandt of Premier Estate Properties represented the buyers.

Off-Market Results in Palm Beach

Waterfront compounds on Palm Beach rarely come to market, and many of the island’s most important trades happen privately. Transactions like this one depend on relationships, discretion and an exact read of value, which is why sellers continue to trust Christian Angle Real Estate, ranked #1 in Palm Beach and #3 in the nation for 2026 by Real Trends and The Wall Street Journal.

Read the full story in The Wall Street Journal.

Considering a sale on Palm Beach? Contact Christian Angle Real Estate at 561.659.6551 for a confidential conversation about your property.

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