The Pritzker Estate hit the market in October 2024.
Anthony Barcelo
A Los Angeles mansion that is one of the country's biggest homes is on the market for $195 million.
The 50,000-square-foot home has 16 bedrooms, 27 bathrooms, and a cliffside pool.
It was built by Hyatt heir Tony Pritzker and his then-wife, Jeanne, in 2011, but they split in 2022.
In the hills of Beverly Crest, a neighborhood in Los Angeles' Westside, looms the Pritzker estate, one of the largest homes in the US.
The 50,000-square-foot megamansion took six years to build and includes 16 bedrooms, 27 bathrooms, a tennis court, a basketball court, a cliffside pool, a detached guest house, a bowling alley, and a private movie theater.
It hit the market in October 2024 after owners Tony and Jeanne Pritzker, who initially separated in 2022, finalized their divorce with an undisclosed settlement earlier this year.
The Wall Street Journal reported that if the Pritzker estate sells for its asking price of $195 million, it would break the previous record for the priciest home sold in Los Angeles, held by Jeff Bezos. Bezos bought his Beverly Hills mansion, which is just over a mile from the Pritzker estate, for $165 million in 2020.
Take a look inside the one-of-a-kind property.
The estate was built by Tony Pritzker, an heir to the Hyatt fortune, and his wife, Jeanne. They separated in 2022 after 33 years of marriage.Jeanne Pritzker and Tony Pritzker finished the home in 2011.
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Tony and Jeanne Pritzker wed in 1989 and have six children. Tony Pritzker is one of the heirs to the Hyatt Hotels fortune and is chairman and CEO of Pritzker Private Capital. According to a recent Forbes estimate, he's worth $4.1 billion.
The couple cited irreconcilable differences in their divorce filing.
Upon their split in 2022, Jeanne Pritzker wanted to remain in the home while her husband wanted to sell.
The Wall Street Journal reported Tony Pritzker's lawyers informed her she didn't have any rights to the Pritzker estate; instead, it was owned by a series of trusts and LLCs.
The lawyers said that since she wasn't a beneficiary of any of these trusts, she didn't actually own the home.
The Journal reported that this is a growing trend among billionaires who want to hide their actual wealth for various reasons, including tax purposes, estate planning, and privacy.
The Pritzkers did not immediately respond to a request for comment from Business Insider.
Now, their former home is on the market for $195 million.The exterior is imported Italian white limestone.
Anthony Barcelo
The home, at 1261 Angelo Drive, is in Beverly Crest — a neighborhood with some huge mansions.
Among the Pritzkers' neighbors was Jeff Bezos, who owns a property 1.4 miles away known as the Warner Estate.
He purchased the home for a record-breaking $165 million in 2020.
Zillow shows nearby homes range from $1.3 million to $150 million.
The 6-acre property has 180-degree views of the Los Angeles skyline.There are large hedges that line the driveway leading up to the property.
Anthony Barcelo
"You feel like you're floating in the view," local real-estate agent Rayni Williams told the Journal. Williams isn't involved with the sale but has attended events at the home.
She added that the view is unique because properties of this size tend to be in flatter areas of LA, rather than up in the hills.
The home was designed by architect Ed Tuttle.A view of the interior courtyard.
Anthony Barcelo
Tuttle, who died in 2020, was known for designing the Thai luxury resort Amanpuri.
An atrium is the focal point of the main house.This looks like it could be a museum.
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The Zillow listing noted that the patterned roof resembles the pyramid outside the Louvre, designed by I.M. Pei.
This sitting area is surrounded by glass.You're never far from a window inside.
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The home was made for entertaining, specifically, according to Jeanne Pritzker, for charity events.