Widow of Colgate-Palmolive scion sells Palm Beach estate

An entity tied to the CEO of Marcum, who was executive producer of The Bourne Supremacy, bought the house for nearly $13M

Miami /
Apr.April 01, 2019 03:30 PM

655 Island Drive (Credit: Redfin)

The widow of an heir to the Colgate-Palmolive fortune sold her Palm Beach estate for $12.68 million.

Janne H. Rumbough sold the 6,344-square-foot-home at 655 Island Drive for $1,998 per square foot, records show.

An entity tied to Jeffrey Weiner, CEO of the accounting firm Marcum, bought the home. Weiner also produced the fifth installment of the Jason Bourne series and was the executive producer for The Bourne Supremacy and The Bourne Ultimatum, starring Matt Damon, according to Marcum’s website.

Rumbough’s late husband Stanley Rumbough Jr. is a descendant of the family that founded Colgate-Palmolive, the international consumer products company whose brands include Colgate, Palmolive, Hill’s, Irish Spring and Murphy’s Oil Soap and Ajax. Stanley Rumbough Jr. died in 2017 at 97.

The Everglades Island home was built in 1989. The couple bought the estate in 1995 for $3.7 million, records show.

The home has five bedrooms and seven-and-a-half bathrooms. It was listed by Chris Condon and Suzanne Ainslie of Sotheby’s International Realty for $13.5 million in December.

The town of Palm Beach has some of the wealthiest homes in South Florida, especially in the wealthy enclave of Everglades Island. In February, Malasky Homes sold a 5,769-square-foot spec home at 608 Island Drive on Everglades Island for about $2,695 per square foot. Last year, the founders of Buy Buy Baby paid $21 million for a 7,670-square-foot new house at 488 Island Drive on Everglades Island in Palm Beach.


Related Articles

arrow_forward_ios
Jim Clark and 120 Jungle Road in Palm Beach (Getty, Douglas Elliman)
Netscape billionaire Jim Clark sells Palm Beach estate for $30M
Netscape billionaire Jim Clark sells Palm Beach estate for $30M
Clockwise from top left: 375 South County Road, 225 Worth Avenue, 220 Peruvian Avenue and 219 Worth Avenue (Google Maps) 
Burton Handelsman sells Palm Beach retail, offices for $58M
Burton Handelsman sells Palm Beach retail, offices for $58M
341 Peruvian Avenue, Palm Beach (Google Maps)
A trust spent $18M on a Palm Beach home
A trust spent $18M on a Palm Beach home
Steve Wynn and 1040 North Lake Way (Getty, Google Maps)
He did it again: Casino magnate Steve Wynn drops $24M on lakefront Palm Beach home
He did it again: Casino magnate Steve Wynn drops $24M on lakefront Palm Beach home
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Red Carnation Founder Beatrice Tollman. (Compass, Red Carnation)
Hotelier Beatrice Tollman sells Palm Beach estate for $57M
Hotelier Beatrice Tollman sells Palm Beach estate for $57M
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steve Wynn and 235 Via Vizcaya (Photos via Getty, Realtor)
Steve Wynn flips waterfront home in Palm Beach for $24M
Steve Wynn flips waterfront home in Palm Beach for $24M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...