Robert Stiller, best known as the former CEO and founder of Keurig Green Mountain coffee, has awoken luxury brokers and buyers in coveted Palm Beach by listing his sprawling waterfront mansion for $90 million.
The 13,375-square-foot home, which was built in 2013, comes with a deep water dock, seven bedrooms, and over 150 feet of frontage on the Intracoastal Waterway. Stiller — the former coffee king who left the Green Mountain board in 2013 — and his wife, Christine, have not owned the home for long, buying it in 2023 for $66 million, according to the Palm Beach Daily News. The potential $24 million windfall the couple could make on the home, not including fees, closing costs, and capital gains taxes, works out to about $2 million per month of ownership.
Don't Miss:
- Hasbro, MGM, and Skechers trust this AI marketing firm — Invest at $0.60/share before it's too late.
- Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.30/share!
- Massive Demand & Disruptive Potential – Boxabl has received interest for over 190,000 homes, positioning itself as a major disruptor in the housing market.
- Revolutionary Manufacturing Approach – Inspired by Henry Ford’s assembly line, Boxabl’s foldable tiny homes are designed for high-efficiency production, making homeownership more accessible.
- Affordable Investment Opportunity – With homes priced at $60,000, Boxabl is raising $1 billion to scale production, offering investors a chance to own a stake in its growth.
An Opportune Time To Sell
The Stillers have picked an opportune time to sell, as Palm Beach homes have sold for record-high prices since the election. According to Douglas Elliman data, single-family homes in the wealthy South Florida enclave have seen 31 sales, an increase of 63.2% compared to Q1 over the same period last year.
Higher-end home sales have been particularly robust, with median sales prices of $13.95 million enjoying an 11.6% jump year-over-year. The luxury sector, representing the top 10% of the market, was up 22.2% over the previous year. According to the report, median sales in the highest echelon also soared to $23.75 million, a 70.9% increase from a median of $13.9 million a year earlier.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.
$508 Million Net Worth
It’s unlikely Stiller, whose net worth is $508 million, will be counting on selling his home to pay his bills. The innovative coffee magnate made his fortune by selling coffee and K-Cups, the now-popular single-serve coffee pods. Despite a financial setback in 2012, when he was forced to sell 5 million shares to cover margin calls to cover loans taken against his position, Stiller has enjoyed success after success.
Keurig Sells For $13.9 Billion
Stiller initially sold coffee as a retailer in Vermont after discovering Green Mountain Coffee Roasters during a ski trip to the state in the 1980s, Inc. reported, but stopped that side of the business to focus on manufacturing. The company went public in 1993 and enjoyed a soaring stock price in the 2000s, during which time Green Mountain became one of the first coffee companies to join the Fair Trade movement.
In 2006, Stiller invested in a single-serving coffee machine company, Keurig. In 2016, the company was bought for $13.9 billion and taken private by JAB Holding, owner of Peet’s Coffee and other brands, according to multiple media sources. Keurig Green Mountain and Dr Pepper Snapple Group merged in 2018 in a deal worth $18.7 billion, to form Keurig Dr Pepper KDP, multiple outlets reported. Keurig owns or partners with multiple brands to produce different varieties of its single-serve coffee pods.
See Also: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.
A Holistic Overview
Although Keurig has received criticism about the environmental impact of its K-Cups, Stiller prefers to consider the company’s overall impact.
“I feel overall we made a positive impact with the company. It reminds me of when we were doing a lot of Fair Trade coffee,” he told Inc. “We got pushback from some Fair Trade companies: How could we sell regular coffee?
“I think you need to be successful as an organization, first and foremost,” Stiller said. “We needed to have a complete coffee offering. We got into [food services company] Sodexo with our regular coffee, and then a couple of years later, they switched to Fair Trade. You’ve got to do what’s right to build the strength of your company.”
Read Next:
- Arrived Home's Private Credit Fund’s has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum.
- ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum.
Image: Shutterstock
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
