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Palm Beach couple bought waterfront home for $9m, later sold it for $25.4m

Cornelia and Richard Thornburgh have successfully sold their prestigious lakefront mansion on Everglades Island for an impressive $25.4 million. Initially priced at $24.9 million, the property saw multiple price adjustments before finding a buyer. Acquired by the couple in 2014 for $9 million, they invested significantly in renovations. Following this lucrative sale, they opted for a cozy…

Palm Beach couple bought waterfront home for $9m, later sold it for $25.4m

Cornelia "Cornie" Thornburgh and her husband, Richard, recently sold their renovated lakefront mansion on Everglades Island in the Intracoastal Waterway for $25.4 million. The property at 550 Island Drive was listed at $24.9 million, and the deed was recorded on January 10, 2025. The buyer, 260N Property Limited Partnership, already owns a four-bedroom house in the North End of Palm Beach. This is not the first transaction for the buyer, as they purchased a neighboring lot for $9.25 million in March 2022.

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