The most valuable Malibu property affected by the fire, however, was unquestionably the under-construction compound of Laurene Powell, the philanthropic widow of Steve Jobs. Though the buyer’s identity is screened behind a strangely-named LLC with a Palo Alto (CA) address, Yolanda happens to know it is none other than our very own Ms. Powell — a well-known Malibu aficionado.
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Click the AdBlock Plus button on your browser and select Enabled on this site. Well, lookie here. Ms. Powell is, of course, the widow of the late and great Steve Jobs. Yet the grounds are mostly gone. In late 2014, Ms. Powell paid $16,300,000 for a 10-acre equestrian estate in tony Los Altos Hills (CA). There’s a firepit, an outdoor dining area, a garden and everything.
Her latest splurge — which we shall get to in just a moment — went down just last week in San Francisco. Last time Yolanda drove by on PCH, the place was still under major construction.
Per the listing shared by Compass brokers Neal Ward and Malin Giddings, the master suite also has access to a private terrace. She also appears to have a keen eye when it comes to gorgeous homes. A few days back, a mansion-sized house in San Francisco’s pricey Russian Hill neighborhood sold (after just one month on the market!) She just snapped up a stunning Russian Hill mansion for $16.5 … All Rights reserved. But anywho, Mr. Burton keeps a popular YouTube vlog that we follow. Last time Yolanda drove by on PCH, the place was still under major construction. A Washington D.C. mansion could very well be next on her agenda. According to The Observer, the home was originally built in 1902, but has been extensively remodeled over time. In 2016, the 54-year-old businesswoman snapped up a $15million ranch in Florida, where her daughter, Eve Jobs, frequently competes and trains. The high-end kitchen contains an extra-long marble island, and a built-in banquette. The seller was leading venture capitalist Danny Rimer, who paid $12,375,000 for the house back in 2013. And last July, Powell Jobs, who founded the nonprofit group Emerson Collective, bought a major stake in The Atlantic magazine. The most valuable Malibu property affected by the fire, however, was unquestionably the under-construction compound of Laurene Powell, the philanthropic widow of Steve Jobs.
In April 2015, Ms. Powell dropped a dumbfounding $44,000,000 in cash on an unfinished bluff top compound that looms over Malibu’s sublime Paradise Cove neighborhood.
The dining area features French doors opening to a balcony with views of the bay. Then, as best Yolanda can tell, there will be at least 8 smaller buildings on the site: two guest houses, a yoga studio, a sauna building, a wine press building, an olive press building, a garden shed, and a relatively small “garden” barn. Copyright © 2020 Penske Business Media, LLC. Her latest splurge — which we shall get to in just a moment — went down just last week in San Francisco.
Steve Jobs and Laurene Powell Jobs.
After all, in October 2017, she was reportedly acquiring a 20 percent stake in the Washington D.C.-based company, Monument Sports and Entertainment, which owns the Washington Wizards and Washington Capitals, as well as Capital One Arena.
In addition to her $130+ million worth of residential real estate, Ms. Powell also lays claim to several other big gurl toys. And here are some floorplans for all you fun folks. There’s a freestanding tub perched atop even more marble, adjacent to a glass-enclosed shower. (Ouch. We can’t imagine that and do have sympathy for everyone who lost homes and possessions. Capiche? Two years later, as Yolanda first told y’all, she forked over another $16,500,000 to buy the little house next door, which she is combining with the larger parcel to create one mega-estate. Naturally, the nosy Yolanda was all too curious about who from Malibu would be cuttin’ such a fat check up north. Where will Powell Jobs search for her next pricey home? We are no longer accepting comments on this article. Rimer paid $12.4million for the home back in 2013. Coincidence? Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home', Selling Your Home? The $16.5million purchase is the second-highest price paid in the city so far this year.
In late 2014, Ms. Powell paid $16,300,000 for a 10-acre equestrian estate in tony Los Altos Hills (CA). To summarize: after evacuating with his wife and sons, Mr. Burton returned to Malibu (via boat), swam ashore, arrived to a blaze on his property, and proceeded to spend the entire day defending his home with a garden hose.
Ms. Powell, however, was not so fortunate.
Joined by friends and family aboard the 260-foot luxury yacht, Powell basked in the blazing hot Mediterranean sun off … Get the latest scoop directly in your inbox. Get our latest stories in the feed of your favorite networks. Last week, he posted a video account of his own experience with the fire, which is quite dramatic and shows y’all just how close it came to swallowing his home whole. Powell Jobs’ new home is in the Russian Hill neighborhood, reports Yolanda’s Little Black Book, and was on the market for just over a month. And the local In-N-Out is only three blocks away, if she finds herself craving a late-night snack!
The FLOATING pyramid city: Community 'will live in... Heidi Klum buys luxury New York apartment: Supermodel spends... Terraced house in one of London's most luxurious areas with... King of Thailand 'loves' pro-democracy protesters demonstrating, Shots fired outside Vienna synagogue as man seen holding weapon, Joe Biden has series of awkward gaffes at rally with Barack Obama, Shoppers appear to stockpile in Birmingham despite govt warnings, Loyal Golden Retriever reunites with her owners after losing them, Special forces rescue students from Kabul University shooting, Captain Tom Moore gives encouragement ahead of latest lockdown, Michael Gove admits national lockdown could be extended, London: Men wield knives at confrontation on Edgware Road, 'Hoping for second miracle': Kate Garraway on Derek's ICU battle, Moment gunshots are fired near synagogue in Vienna, Experts capture 'murder hornet' queens after returning to clear nest, Steve Jobs¿ Widow Laurene Powell Jobs Buys San Francisco Home | Observer. The $16 million La Vie en Rose manor, recently purchased by auto dealership mogul Todd Blue, is intact. Elsewhere on the main level, a formal dining room has French doors that open out onto a terrace. Additional balconies and exterior spaces are found throughout the home, as well as a rather spacious backyard, complete with an oval fire pit and some rather modern seats that appear to be made out of stone. Nope! Mr. Jobs envisioned the $20 million spread before his death but did not live long enough to see the parcel become anything more than vacant land. A private bathroom is slathered in marble and contains a glassy shower plus a soaking tub. Some of the house’s coolest features are a two-car garage — a very rare thing in SF — and a real, usable backyard. Laurene Powell Jobs' House (Google Maps). The home neighbors her larger oceanfront home, also mapped on this site, for which she paid $44M in April 2015. But with a net worth that is widely reported to hover around $20 billion, Laurene Powell can afford to be wildly extravagant. Her latest splurge — which we shall get to in just a moment — went down just last week in San Francisco. Powell apparently has a variety of options in deciding where to lay her head. This San Francisco acquisition caps off — or maybe it doesn’t — Ms. Powell’s $100+ million real estate shopping spree that she began only a few years back. Steve Jennings/Getty Images for TechCrunch. Our Mr. Burton originally hails from jolly ol’ England, but he’s lived in Malibu since 2012, ever since he and the missus paid a frightening $36.5 million — in cash — for a rather spectacular compound on Paradise Cove. Our Mr. Jobs met his untimely death back in 2011, but it is only within the past three or four years that Ms. Powell’s spending has really shifted into high gear. And that does not include the many millions she is spending to create a customized multi-acre spread up there.
for $16,500,000 in cash, the second-highest price paid in the city so far this year. The fire impacted Thousand Oaks and Calabasas, among other neighboring cities.
Powell Jobs, the founder of Emerson Collective (a company that focuses on education, immigration reform, environment and social justice reforms) just paid a hefty $16.5 million for a four-floor mansion in San Francisco, in an all-cash transaction.
Click the AdBlock Plus button on your browser and select Disable on Observer.com. Obviously Ms. Powell, Mr. Burton, and Mr. Bass don’t have to worry about pesky little people problems like money or lodging. We aren’t certain if Ms. Powell’s main mansion survived — based on vague intel, we think it may only have partially burnt — but much of the construction site was utterly destroyed. Russian Hill may not be quite as prestigious as SF’s Pacific Heights ‘hood, but there’s a pretty park only a block from Ms. Powell’s new house. Rather, the future estate will be centered around a main residence of a very modest 3,706 square feet. Mr. Bass bought the home for $15 million from actor Patrick Dempsey and proceeded to spend another $4 million on the more modest ranch next door, which was also lost to the flames.
The interesting thing about this transaction, y’all, is that the buyer’s real estate agent was not a San Francisco local but rather a Malibu-based SoCal man. The open layout offers six bedrooms, seven bathrooms, and 6,180 square feet, including multiple decks with views of the San Francisco Bay, a garden off the family room, and a back patio. A private bathroom is slathered in marble and contains a glassy shower plus a soaking tub. Speaking of views, you’ve got them galore. Our Ms. Powell paid more than $60 million for the Paradise Cove property in two separate transactions — the first in 2014 — and has since spent millions more to upgrade and renovate every inch of the multi-acre estate. Powell Jobs’ home purchases have picked up since 2014 when she paid $16.3 million for an equestrian property in Los Altos Hills. Get quick and easy access to your home value, neighborhood activity and financial possibilites. Back in California, Ms. Powell is at long last building her late husband’s dream compound in the low-key but high-priced community of Woodside. The master bedroom includes a private balcony and a spalike bath, with a separate tub placed on a marble slab. Then, as best Yolanda can tell, there will be at least 8 smaller buildings on the site: two guest houses, a yoga studio, a sauna building, a wine press building, an olive press building, a garden shed, and a relatively small “garden” barn.
Laurene Powell Jobs has continued her real estate shopping spree with her latest $16.5million purchase of a stunning San Francisco mansion. Jenna Elfman Zooms Out of Longtime Los Feliz Villa, Dirt’s First Podcast Takes on YouTuber Mansions, Ben Shapiro Lists 1930s Spanish Revival-Style Compound, ranked as the world’s fifth-richest woman, forked over another $16,500,000 to buy the little house next door, show a compound measuring a total of nearly 16,000 square feet, one of the world’s leading philanthropists, It's Back to the Future for These '70s Retro Homes, Recently Retired Rapper Logic Lists Calabasas Entertainer's Estate, LoanDepot’s Anthony Hsieh Pays Record $61 Million for Orange County Mansion, Elon Musk Sells the Gene Wilder House to Wilder’s Nephew, Designer Eva Chow’s Art-Filled Megamansion Seeks $65 Million. Indoors is a very cool, contemporary yet comfy situation.
Another wealthy person impacted by the blaze was video gamer Jon Burton, who lives two doors away from Ms. Powell. Whether she will begin anew or abandon the project entirely remains to be seen.
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