Scott M. Stern has listed for sale a four-bedroom, 4.5-bath home at 801 Newcastle Drive in Olivette for $749,000.

Stern paid $528,094 for the property in Aug. 2002. The 3,246-square-foot house in the Olivette South neighborhood was built in 2001. Sally Coleman of Coldwell Banker Gundaker is the listing agent for the home.

Stern is the founder, president and chief executive officer at Lenders One Mortgage Cooperative, an independent mortgage banker. He previously served as vice president at Gershman Investment Corp. in St. Louis.

He attended the University of Pennsylvania Wharton School of Business.

According to BlockShopper.com, there were 112 home sales in Olivette in 2008, with a median price of $230,000.

Address: 801 Newcastle Drive