Sam Zell’s house is unique in real estate primarily because it is a Malibu retreat designed by the renowned architect John Lautner, an apprentice of Frank Lloyd Wright. The home features a low-key beige stucco and blond wood facade that belies its expansive size—about 12,000 square feet—with amenities including a gym, pool, four bedrooms, and a guest house. It is perched above Zuma Beach, offering a striking ocean view through an entire wall of glass windows, set on an outcropping of rock with jagged rocks below, which emphasizes both privacy and a connection to the natural landscape. The property has a distinctive address marker carved into a giant rock at the driveway’s edge. Zell’s home is a notable weekend retreat, focusing on relaxation and ocean views, which reflects a design that integrates architecture style with the natural coastal environment while maintaining privacy from public access.
Category | Information |
---|---|
Full Name | Samuel Zell |
Date of Birth | September 28, 1941 |
Place of Birth | Chicago, Illinois, U.S. |
Date of Death | May 18, 2023 |
Age at Death | 81 years |
Education | Bachelor of Arts/Science and J.D. from University of Michigan |
Profession | Commercial Real Estate Entrepreneur |
Notable Roles | Founder of Equity Group Investments, Equity Residential, Equity LifeStyle Properties, Equity Commonwealth |
Marital Status | Married 3 times, last wife Helen Herzog Fadim Zell |
Children | 3 |
Hobbies | Motorcycle riding, skiing, racquetball, paintball, sports fan |
Net Worth | Approximately $5.2 billion (as of early 2023) |
Residences | Had homes in Chicago, Sun Valley (Idaho), Malibu (California) |
Current Residence | Lived in Chicago at time of death |
Who is Sam Zell?
Sam Zell was an American billionaire businessman and philanthropist primarily engaged in real estate investment. In 1941, he was born and in 2023, he passed away. Known for creating the contemporary real estate investment trust (REIT), Zell had a pioneering role in the modern commercial real estate industry. He founded Equity Group Investments, a private investment firm with a diversified portfolio across real estate, energy, logistics, manufacturing, communications, and healthcare.
Zell was famous for his contrarian investment style and his ability to identify market anomalies and emerging trends, earning the nickname “the grave dancer” for his talent in reviving troubled properties.A number of major companies were founded or controlled by him, including Equity Residential, Equity LifeStyle Properties, Equity Commonwealth, Covanta, and Anixter. Zell was also active in philanthropy, especially in entrepreneurial education, sponsoring several university entrepreneurial programs through the Zell Family Foundation.
Despite his many successes, his attempted leveraged buyout of the Tribune Company for $13 billion in 2007 ended in bankruptcy, which somewhat tarnished his reputation. Nonetheless, he left a lasting legacy in the fields of real estate and entrepreneurship education. His net worth was estimated at around $5.2 billion as of 2023.
Where Does Sam Zell Live?
Sam Zell lived primarily in Chicago. He also maintained homes in Southern California and Sun Valley, Idaho. In May 2023, Zell died at his Chicago home. Throughout his life, his primary residence was in Chicago, reflecting his deep ties to the city where he was born and built his real estate empire.
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Attribute | Details |
---|---|
Bedrooms | 4 |
Bathrooms | 6 |
Square Footage | 8,787 sqft |
Lot Size | Approximately 1.58 acres |
Architectural Style | Noted for remarkable design with walls of glass windows providing breathtaking water views |
Amenities | Includes gym, pool, guest house |
Construction Year | 1982 |
Purchase Year | Purchased by Sam Zell in 1998 |
Address | Point Lechuza Dr, Malibu, CA 90265, USA |
Estimated Worth | House valued around $27.63 million |
Owner’s Net Worth | $5.2 billion (at time of death in 2023) |
History | Sam Zell was a billionaire businessman and philanthropist. Born in Chicago in 1941, passed away in 2023. |
Sam Zell’s House Interior and Exterior
The available information on Sam Zell’s house interior and exterior is limited in public sources. There is no detailed public description or visual tour specifically focused on the interior and exterior design of his personal residence. However, the following relevant insights are available:
- Sam Zell was a billionaire real estate investor known for his large business offices, which often included outdoor rooftop garden spaces, reflecting his preference for fresh air and outdoor settings.
- There are mentions of plans for a large, three-story “jewelry house” spanning 30,000 square feet, with a rooftop indoor-outdoor space, likely related to his personal residence or an estate project. Still, no detailed interior or exterior descriptions are provided.
- Specific images or detailed architectural descriptions of his home interior or exterior are not publicly accessible, and exact locations are often kept private due to privacy concerns.
If further specifics or the latest available reports on his residence can be identified, additional searches or specialized real estate sources could be consulted. Would a more general description of his lifestyle and real estate background be helpful?
Sam Zell’s House History Address and Wroth
A notable oceanfront residence in Malibu, California 90265, Sam Zell’s house is located on Point Lechuza Drive. The house, purchased by Zell in 1998 for around $13 million and later valued at approximately $27.63 million, is about 8,787 square feet with four bedrooms and six bathrooms. The architectural style is distinctive, featuring walls of glass windows offering breathtaking ocean views. The property spans about 1.58 acres and includes amenities like a gym, pool, and a guest house. It was designed by John Lautner, a renowned architect who was an apprentice to Frank Lloyd Wright. It is perched above Malibu beach with natural rocky surroundings and a “No Trespassing” sign for privacy.
Sam Zell was an influential billionaire real estate entrepreneur with a net worth estimated at $5.2 billion at the time of his death in 2023.
Sam Zell’s House
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