Publisher buys oceanfront estate in Jupiter Inlet Colony for $15M
Double lot includes main house, guest house, garage and pool
Newspaper publisher and one-time GOP congressional candidate Diane Gooch bought a double lot oceanfront estate in Jupiter Inlet Colony for $15 million.
Records show Gooch bought the house at 3 Ocean Drive from the Elana J. Bolling Trust, with Armand Bolling, Vincent Bolling, and Anthony Rizzo signing as trustees. Gooch financed the purchase with a $4 million mortgage from First Republic Bank.
John Tracy of the Real Estate Consulting Group had the listing.
Gooch is the owner and publisher of Two River Times, a local newspaper in Red Bank, New Jersey. In 2010, she campaigned as a Republican candidate for U.S. Congress in New Jersey, and bowed out after losing the primary, Politico reported.
She is the ex-wife of Mickey Gooch Sr., the British-born founder of GFI, a New York City-based brokerage for credit derivatives. Rival firm BGC Partners bought GFI for $778 million in 2015, netting Mickey Gooch Sr. $285 million and Diane Gooch more than $90 million, the Independent reported.
Elana Bolling is the widow of Vincent Bolling Jr., who headed his family’s Ohio-based coal business, Airco Coal, for many years. Under his leadership, Airco grew to become a major coal distributor and included Ford, General Motors and Florida Power & Light among its clients, according to his obituary.
Armand Bolling is an art dealer in Jupiter.
Elana Bolling and her late husband bought the oceanfront estate for $735,000 in 1986, records show. The property includes a main house built in 1960, a guest house, a separate garage and a pool, the listing shows. The main house spans 3,300 square feet, with four bedrooms, four bathrooms, and one half-bathroom, records show.
Tracy confirmed that the family combined 3 Ocean Drive and 4 Ocean Drive to form a 1-acre double lot with 175 feet of oceanfront. Records do not reflect when the lots were joined.
The Bolling family initially listed the compound for $22 million in June, Redfin shows.
“The property does need some updating,” the listing said. Tracy confirmed the buyer is looking to either renovate the existing home or tear it down and rebuild.
Jupiter Inlet Colony is a tony coastal enclave adjacent to Jupiter. High profile residents have purchased homes over the years, including the late Olivia Newton-John, who owned a mansion there.
A CEO and part-owner of the Seattle Kraken National Hockey League team sold his oceanfront mansion in Jupiter Inlet Colony for $5.2 million in 2020.
In nearby Jupiter, Mets’ star pitcher Max Scherzer bought a waterfront teardown for $14.9 million earlier this month.