Hold onto your designer shades: The founder of Oakley just unloaded his Malibu megamansion for a staggering $210 million, smashing all previous California real estate records.
This eye-popping sale leaves Jay-Z and Beyoncé’s then-record $200 million Malibu compound purchase last year in the dust.
However, this is not the priciest home ever to sell in US history. That honor belongs to Ken Griffin’s $238 million purchase in 2019 of a four-level condo at 220 Central Park South in New York City.
Eyewear mogul James Jannard, who started Oakley in 1975, is laughing all the way to the bank after buying the place for $75 million in 2012, according to real estate records reviewed by the Los Angeles Times, which was first to report on the sale.
Photos of this uber-luxe property are scarce, as it never hit the open market, with the deal being quietly sealed off-market. The deep-pocketed buyer remains a mystery, hidden behind a Delaware-based limited liability company.
This 15,000-square-foot stunner sprawls across 9.5 acres of prime clifftop land, boasting a private 300-foot stretch of ocean near El Pescador State Beach.
The palatial pad includes eight bedrooms, a staggering 14 bathrooms, a massive courtyard, a gym and two guesthouses.
Interiors designed by Michael S. Smith — the same guy who revamped the Oval Office at the White House — feature ornate columns, beamed ceilings, and floor-to-ceiling steel and glass windows.
The backyard includes a lush lawn and a pool with ocean views.
Kurt Rappaport of Westside Estate Agency held the listing.
Malibu, a celebrity and billionaire playground just 45 minutes from LA, now claims the three most expensive homes in California.
Alongside Jannard’s blockbuster sale and the Carters’ colossal buy, venture capitalist Marc Andreessen dropped a cool $177 million on a Malibu estate in 2021.
