Move over Jay-Z and Beyoncé, there’s a new real estate mogul in town. James Jannard, the founder of Oakley, has just shattered the California real estate record with a jaw-dropping $210 million sale of his Malibu estate.
Jannard, the billionaire behind the iconic sunglasses and apparel brand, has owned the cliffside mansion for 22 years. According to the L.A. Times, he sold the 9.5-acre oceanfront compound to a Delaware LLC in a discreet transaction. The property never officially hit the market, making the sale even more intriguing.
Back in 2002, Jannard purchased the estate for a mere $31 million. Fast forward to today, and he has made a staggering $179 million profit. Publicly available documents reveal that the new owner took out a $203 million loan, confirming the $210 million selling price.
The title documents indicate that the transaction was finalized in May, making Jannard the new record-holder for the highest home sale in California history. This title was previously held by Jay-Z and Beyoncé, who bought a Malibu property last year for $200 million.
Jannard’s Malibu estate is nothing short of spectacular. The main house boasts eight bedrooms and 14 bathrooms. The property also includes two guesthouses, a courtyard with a garden, and a pool overlooking the ocean.
The sale of this estate has set a new benchmark in the California real estate market. Jay-Z and Beyoncé’s record-breaking purchase last year was impressive, but Jannard’s sale has taken it to a whole new level.
The estate’s sweeping views and luxurious amenities undoubtedly contributed to its record-breaking price. The main house, with its eight bedrooms and 14 bathrooms, offers ample space for any homeowner. The two guesthouses provide additional accommodations, making it an ideal property for hosting guests.
The courtyard with a garden and the pool overlooking the ocean add to the estate’s allure. It’s no wonder someone was willing to drop such a significant amount of money for this property.
This sale is a testament to the ever-evolving real estate market in California. High-profile transactions like this one continue to push the boundaries of what’s possible in the luxury real estate sector.
James Jannard’s record-breaking sale has undoubtedly made waves in the real estate world. His ability to turn a $31 million investment into a $210 million sale is nothing short of remarkable.
As the new king of California real estate, Jannard has set a new standard for luxury home sales. His Malibu estate will be remembered as a landmark transaction in the history of California real estate.
The discreet nature of the sale adds an element of mystery to the transaction. The fact that the property never officially hit the market makes it even more impressive. It shows that high-profile buyers are willing to go to great lengths to secure their dream homes.
The $210 million sale price is a testament to the value of the estate. The new owner clearly saw the potential in the property and was willing to invest a significant amount of money to acquire it.
This sale has undoubtedly raised the bar for future real estate transactions in California. It will be interesting to see if any other properties can surpass this record in the coming years.
James Jannard’s success in the real estate market is a reflection of his business acumen. As the founder of Oakley, he has built a brand that is synonymous with quality and innovation. His ability to translate that success into the real estate market is a testament to his entrepreneurial spirit.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a reflection of his business acumen and ability to make smart investments.
The sale of his Malibu estate is a significant milestone in his career. It showcases his ability to make smart investments and capitalize on opportunities in the market.
As the new record-holder for the highest home sale in California history, Jannard has solidified his status as a real estate mogul. His success in the real estate market is a
