Maintain onto your designer shades: The founding father of Oakley simply unloaded his Malibu megamansion for a staggering $210 million, smashing all earlier California actual property information.
This eye-popping sale leaves Jay-Z and Beyoncé’s then-record $200 million Malibu compound buy final yr within the mud.
Nonetheless, this isn’t the priciest dwelling ever to promote in US historical past. That honor belongs to Ken Griffin’s $238 million buy in 2019 of a four-level condominium at 220 Central Park South in New York Metropolis.
Eyewear mogul James Jannard, who began Oakley in 1975, is laughing all the way in which to the financial institution after shopping for the place for $75 million in 2012, based on actual property information reviewed by the Los Angeles Occasions, which was first to report on the sale.
Images of this uber-luxe property are scarce, because it by no means hit the open market, with the deal being quietly sealed off-market. The deep-pocketed purchaser stays a thriller, hidden behind a Delaware-based restricted legal responsibility firm.
This 15,000-square-foot stunner sprawls throughout 9.5 acres of prime clifftop land, boasting a personal 300-foot stretch of ocean close to El Pescador State Seashore.
The palatial pad consists of eight bedrooms, a staggering 14 bogs, a large courtyard, a fitness center and two guesthouses.
Interiors designed by Michael S. Smith — the identical man who revamped the Oval Workplace on the White Home — function ornate columns, beamed ceilings, and floor-to-ceiling metal and glass home windows.
The yard features a lush garden and a pool with ocean views.
Kurt Rappaport of Westside Property Company held the itemizing.
Malibu, a star and billionaire playground simply 45 minutes from LA, now claims the three most costly houses in California.
Alongside Jannard’s blockbuster sale and the Carters’ colossal purchase, enterprise capitalist Marc Andreessen dropped a cool $177 million on a Malibu property in 2021.