Billionaire Jeff Bezos has shattered Washington state’s real estate record with the $63 million sale of his Hunts Point lakefront estate near Seattle. The Amazon founder, whose fortune is estimated at $198.2 billion, orchestrated the off-market transaction for the concrete, glass, and steel residence just months before his anticipated “wedding of the century” with bride-to-be Lauren Sánchez.
Inside the Mansion
The sale eclipses the state’s previous residential record by $3 million set in 2020, according to the Robb Report.
The timing of the sale is notable as it comes just months before Bezos’ anticipated wedding to Lauren Sánchez.
The couple announced in November 2023 that they had relocated their primary residence from the Seattle area to Miami, citing a desire to be closer to Bezos’ parents, according to Realtor, who had moved back to Florida, where Bezos spent part of his childhood.
Bezos, whose net worth is estimated at $198.2 billion, made a substantial profit on the transaction.
He purchased the property in spring 2019 for $37.5 million, representing a gain of approximately $25.5 million in less than five years – an impressive return even by the standards of someone accustomed to astronomical financial growth.
The buyer of the Hunts Point property was an LLC connected to Delaware-based Cayan Investments, according to the Puget Sound Business Journal. The confidential nature of the transaction has kept many details private, but the value speaks to the exceptional caliber of the estate.
Designed by renowned local architect Jim Olson of Olson Kundig, the modern concrete, glass, and steel structure was built in 2003 for the late art collector and cruise line magnate Barney A. Ebsworth.
The three-bedroom, four-bathroom residence spans approximately 9,420 square feet and sits on over three acres of prime real estate featuring old-growth trees, rose gardens, and a bamboo grove.
The property boasts 300 feet of water frontage on Lake Washington’s eastern shore, complete with a nearly 2,200-square-foot dock capable of accommodating both boats and seaplanes. Interior features include limestone, poured concrete, and hardwood floors, Venetian plaster walls, and expansive glass throughout. The home’s distinctive design includes formal living and dining rooms flanking a voluminous entry foyer, two kitchens, and bedroom wings positioned on opposite sides of the residence.
Luxury amenities abound, including a primary suite with a fireside seating area, dual walk-in closets, a spa room, and a Japanese soaking tub. An elevator provides access to a rooftop terrace with fireplace, while a glass-enclosed walkway connects to a detached two-story guesthouse.
Despite this significant divestiture, Bezos maintains a substantial real estate portfolio in Washington, including three other properties in nearby Medina. His $10 million acquisition in 1998, which later underwent $28 million in renovations, remains in his possession, as does the adjacent 30,000-square-foot Tudor-style La Haye estate purchased in 2010 for $45 million.
Bezos has been concentrating his recent real estate investments in Florida, where he has amassed three waterfront estates on Miami’s Indian Creek Island – known as “Billionaire Bunker” – for a combined total of approximately $234 million. His most recent acquisition there, a $90 million mansion, will reportedly serve as his residence while work is completed on two adjacent properties he previously purchased, Robb Reports also reported.
The tech titan’s global real estate holdings extend well beyond Washington and Florida, including properties in Washington, D.C., New York City, Los Angeles, Hawaii, and a 400,000-acre ranch in West Texas.
His decision to sell the Hunts Point estate appears aligned with his strategic repositioning as he prepares for the next chapter of his personal and professional life.
The substantial tax advantages of Florida residency — there is no state income tax in the Sunshine State — likely played a role in Bezos’ relocation decision, with CNBC reporting potential tax savings of at least $610 million that would have been owed had he remained a full-time Washington resident.
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