One of America’s Biggest Homes Hits the Market for $195 Million
The roughly 50,000-square-foot mansion in Los Angeles comes up for sale following the divorce of billionaire Tony Pritzker and philanthropist Jeanne Pritzker
3 min
The Pritzker estate in Los Angeles, one of the largest homes in the country, is hitting the market for $195 million. If it sells for that price, it would set a record for the city, where the priciest home sale on record was Jeff Bezos’ $165 million purchase of the Warner Estate in 2020.
The Pritzker listing comes in the wake of a bitter divorce battle between billionaire Tony Pritzker and philanthropist Jeanne Pritzker. The former couple built the house, completing it in 2011.
The roughly 6-acre parcel is in the Beverly Hills Post Office area, just over a mile from Bezos’ home. Situated on a promontory overlooking the city, the home has 180-degree views of downtown L.A. and the ocean, according to Stephen Shapiro of Westside Estate Agency, who has the listing with colleague Kurt Rappaport .
Clad in imported white Italian limestone, the gated estate is about 50,000 square feet with 16 bedrooms, 27 bathrooms and 18 fireplaces. The primary suite has his and hers bathrooms and closets, as well as an indoor and outdoor fireplaces, a hairdressing area, a custom pop-up TV and a balcony.
The lower level of the house has a flower-prep room and a soundproofed bowling alley with custom cabinetry for the bowling balls and shoes. A large theatre has velvet curtains, stage lighting, stadium seating and a projector room. The kitchen has three Gaggenau ovens, two stainless-steel sinks and a dumbwaiter.
On the grounds, a detached two-bedroom guesthouse has a balcony, elevator and its own patio. The estate also has a lighted tennis court with a viewing pavilion. The 75-foot green marble infinity pool overlooks the city, and there is a nearby outdoor kitchen with two barbecues, a large pizza oven, and a custom swimsuit spinner.
In Los Angeles, these types of features are unusual for properties in the hills, Rappaport said. “It’s very rare to have this type of acreage with a view,” he said.
The property also has a detached two-bedroom staff apartment, multiple staff lounges and a staff kitchen.
The Pritzkers are major philanthropists and the home was designed to host large fundraisers, with a large walk-in refrigerator and an extensive underground parking structure.
Because of new restrictions on building, the estate couldn’t be recreated, Shapiro said. “You couldn’t build it today,” he said, adding: “This is the finest house I’ve ever seen.”
Tony and Jeanne Pritzker, who were married for more than 30 years and have six children, declined to comment. The son of Hyatt hotel chain co-founder Donald Pritzker, Tony is a member of one of the country’s wealthiest and more powerful families. He and his brother, J.B. Pritzker , co-founded the investment firm the Pritzker Group, with J.B. ceasing his involvement around the time he became governor of Illinois in 2019.
In 2001, Tony and Jeanne paid $9.5 million for a circa-1938 house in the Beverly Hills Post Office area, according to property records. Then, through LLCs, they purchased several parcels on a ridge adjacent to their previous home. It is unclear how much they paid for the land, but one batch of parcels was purchased in 2005 for $14.7 million, records show.
Once the land was assembled, the Pritzkers started building a new home designed by the late Ed Tuttle of Paris-based architecture firm Designrealization. The Pritzkers moved into the estate in 2011, selling their previous home to celebrity chef Wolfgang Puck for $14 million, property records show.
Jeanne and Tony separated in 2022. The Pritzkers reached a preliminary settlement in April 2024, and Jeanne moved out of the estate that month. The divorce was finalised in May 2024, according to court records. Tony has since paid $19.5 million for a penthouse at Westwood’s Beverly West condominium.
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A five-bedroom Palo Alto home designed by Steven Ehrlich is listed for $44 million, making it the city’s most expensive listing. Built around a dramatic concrete spine, the home features four courtyards and a pool.
3 min
For years, tech entrepreneur Asher Waldfogel and his wife, Helyn MacLean, dreamed of building a modern house in Palo Alto, Calif.
The couple, however, worried about clashing with the Mediterranean-style architecture typically associated with their neighborhood of Old Palo Alto.
So they tapped architect Steven Ehrlich to create a design that paid homage to its surroundings with stucco, mahogany and titanium zinc cladding. They spent $20 million over several years building the house, completed in 2005.
Now looking to be closer to their adult daughter on the East Coast, they are putting the five-bedroom home on the market for $44 million—the most expensive listing in Palo Alto.
Waldfogel is an angel investor who co-founded Redback Networks, a telecommunications-equipment company. MacLean previously had a career in fundraising.
The couple purchased the roughly 0.4-acre site for $7.1 million in 2000 and demolished a circa-1930s Spanish Colonial home. The house they built pinwheels around a central staircase. It has 7,900 square feet of livable space, with four distinct courtyards and a pool.
A key feature of the home is a cast-in-place concrete wall, or spine, that is two stories high and about 80 feet long. “There’s a little bit of controlled chaos in what comes out of the form,” unlike a perfectly uniform surface, Waldfogel said. “If you want that, you do it in plastic.”
Waldfogel said he and his wife are thinking about the next phase of life now that their daughter is grown, although they have not decided where they will move. They also have a home in Sun Valley, Idaho.
“Right now we’re just trying to emotionally let go and decide what to do next,” he said.
Palo Alto, an epicenter of venture capital and tech startups in Silicon Valley, is home to some of the country’s biggest tech titans. Sales volume and prices are rising, with a median sale price of $3.5 million for the three months ending in August, up 5.8% year-over-year, according to real-estate brokerage Redfin.
Arthur Sharif of Sotheby’s International Realty—San Francisco Brokerage has the listing.
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