An heir to the Campbell’s Soup Company fortune paid $5.4 million for a home in Palm Beach.
Property records show Robert Kurzon sold the five-bedroom, 4,603-square-foot house at 280 List Road to John Strawbridge Crompton for $1,173 per square foot. Crompton is a great-grandson of John T. Dorrance, the chemist who invented condensed soup and worked at Campbell’s for more than 30 years.
Kurzon and his wife paid $4.2 million for the Palm Beach house in 2007, according to property records. The home was rebuilt in 2002 and features a two-car garage, gardens, a loggia and pool, a master suite with two baths and impact windows and doors.
The non-waterfront property hit the market earlier this year with Dana Koch and Paulette Koch of the Corcoran Group for $5.6 million. Chris Leavitt of Douglas Elliman represented the buyer.
Crompton financed his purchase with a $3 million loan from BNY Mellon.
Two years ago, a company tied to Campbell’s Soup heiress Mary Alice Malone paid $17.1 million for nearly 30 acres of land in Wellington, where Malone has amassed an equestrian property assemblage of more than 95 acres between South Shore Boulevard and 128th Terrace, and between 40th Street South and Indian Mound Road. Malone, a billionaire, is a granddaughter of Dorrance.