It came out in the 1980's, and featured an overweight man (with dark hair and a beard) jumping off a window ledge (perhaps he was aiming for the "Honeymoon" clubhouse?) and unintentionally landing in a gutter filled with water.
LDW...No, "Andre the Giant" was not in the commercial. My wife requested me to post this question. We looked on You-Tube, and saw the one with "Andre". My wife said this was NOT the one she was thinking of.
I looked on youtube when you first posted this and found several (way more than I remembered) Honeycomb Hidout commericals, but could not find any involving a gutter filled with water. This acually sounds more like a Cookie Crisp Cookie Crook commerical to me.