Howard Marks' Estate (Malibu, California)

USA / California / Westlake Village / Malibu, California / Pacific Coast Highway (SR 1)*, 33064
 house, estate (manor / mansion land), mansion / manor house / villa
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Howard Marks, The Chairman of Oaktree Capital www.oaktreecapital.com/ bought this estate from Herbalife co-founder Mark Hughes for $31 million in 2002. Marks sold this estate for a then record $75 Million in 2013 to Oakley founder James Jannard. In 2024, Jannard sold this property to a Delaware-based limited liability company for a new record for California real estate price of $210M.

Built by Ferguson & Shamamian Architects, the Palladio-style main house spans more than 15,000 square feet with eight bedrooms and 14 bathrooms. The estate also includes two guesthouses, a standalone gym, tennis courts and a swimming pool facing out toward the ocean. Completed in 2008, the estate underwent a seven-year renovation overseen by Michael Smith, the high-profile decorator who renovated the White House Oval Office
Nearby cities:
Coordinates:   34°2'26"N   118°53'45"W

Comments

  • Howard Marks sold this property in 2013.
This article was last modified 1 year ago