Coffee Mogul Bob Stiller Finds Buyer For Palm Beach Mansion

Coffee magnate Bob Stiller’s pending deal to sell his lakefront Palm Beach mansion, asking $84 million, topped a strong week of luxury contracts in Palm Beach County.

Buyers signed 24 contracts between Dec. 8 and Dec. 14 for luxury properties across the county, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $234.3 million in asking dollar volume and averaged 111 days on the market.

The previous week, buyers signed 16 contracts totaling $130.6 million in asking dollar volume.

The report tracks signed contracts for single-family homes and condos asking $3 million or more in the Beaches MLS. It identified 45 new listings, for a total of 1,213 active listings on the market.

Of the properties that went pending last week, 21 were single-family homes, and three were condos. The average asking price for the condos is $13.8 million and $1,735 per square foot. They spent an average of 91 days on the market.

The average asking price for the single-family homes is $10.5 million, and the homes spent an average of 130 days on the market. The combined dollar volume of the single-family homes was $220.5 million.

Stiller and his wife Christine paid $66 million for the 13,400-square-foot, eight-bedroom estate at 1350 North Lake Way in 2023, and it’s asking $84 million with listing agent Christian Angle of Christian Angle Real Estate.

The Stillers bought the 0.8-acre property from billionaire casino mogul Steve Wynn. The estate includes nine bathrooms, two half-baths, a pool and deck. The house hit the market in May for $90 million. Stiller founded Green Mountain Coffee Roasters, later known as Keurig Green Mountain.

The second priciest deal in the report is the pending sale of 143 Clarendon Avenue, also in Palm Beach. Real estate investor William Rickman and his wife Marcia own the 7,600-square-foot, five-bedroom and eight-bathroom house, which was built in 1924 on a 0.6-acre lot. It’s on the market with Carole and Brett Koeppel, of Sotheby’s International Realty, for $25 million.