Billionaire Anthony Pritzker Lists Los Angeles’ Third-Largest Mansion for $195 Million
Anthony Pritzker, heir to the Hyatt Hotels fortune, has put his massive Los Angeles estate on the market for $195 million. This 50,000-square-foot mansion, completed in 2012 by the late architect Ed Tuttle, is perched on a 6-acre hilltop, offering stunning views from downtown LA all the way to the Pacific Ocean. The property, known as “The Angelo Estate,” is the third-largest residential estate in Los Angeles, following The One and The Manor.
The Estate’s History and Development
The mansion’s story began in the early 2000s when Tony and Jeanne Pritzker, using multiple LLCs, purchased several adjoining parcels of land near their Beverly Hills home, a historic house built in 1938. The first purchase was made in 2001 for $9.5 million, followed by additional parcels, including one major acquisition in 2005 for $14.7 million. With the land in place, the Pritzkers worked with architect Ed Tuttle to create a residence that would blend luxury with architectural elegance.
Construction was managed by McCoy Construction, known for its meticulous craftsmanship. The team used imported Italian limestone for the exterior and custom rift-cut white oak for the interior finishes. Pritzker described the project as a “labor of love,” combining both luxury and sustainability, featuring eco-friendly solutions like geothermal technology and solar panels.
A Personal and Legal Shift
In 2022, after 30 years of marriage, the Pritzkers separated, prompting a reassessment of their assets, including the estate. Jeanne moved out in April 2024 as part of a preliminary settlement, and the divorce was finalized in May 2024. Tony has since purchased a penthouse in Beverly West for $19.5 million. Listing the estate is part of the Pritzkers’ strategy to manage their significant assets amidst the complexities of high-value real estate ownership.
Legal experts note that, due to current building restrictions in Los Angeles, replicating such a property would be nearly impossible, making this estate a rare opportunity for the right buyer. Real estate consultant Shapiro remarked, “This home couldn’t be built today. It’s not just a mansion; it’s an irreplaceable piece of Los Angeles architecture.” As a result, only pre-qualified clients are allowed to view the estate.
The Magnificence of the Estate: Design and Features
With 16 bedrooms and 27 bathrooms, the mansion spans around 50,000 square feet and is designed for both lavish entertaining and intimate living. The master suite includes dual bathrooms, fireplaces, a hairdressing area, and a balcony with panoramic views of the city and ocean.
The lower level features a soundproof bowling alley, a private theater with stadium seating and cutting-edge audio-visual technology, and a gourmet kitchen equipped with three Gaggenau ovens and a dumbwaiter. For large events, the kitchen can easily accommodate catering.
The Outdoor Oasis
The estate’s grounds are a paradise, including a 75-foot green marble infinity pool, a lighted tennis court with a pavilion, and a fully equipped outdoor kitchen perfect for entertaining. The kitchen features a barbecue, a large pizza oven, and a custom swimsuit spinner. The beautifully landscaped gardens also include multiple lounge areas and paths that highlight the natural beauty of California’s landscape.
The property also offers a two-bedroom guesthouse, a staff apartment, and an underground garage with space for 80-100 cars. The Pritzkers have used the estate for hosting large events, including fundraisers and family gatherings.
Celebrity Endorsements and Market Position
The estate has hosted numerous high-profile guests over the years. Celebrity chef Wolfgang Puck, who bought the Pritzkers’ previous home, praised the property for its perfect balance of space and intimacy, calling it “extraordinary.” Real estate expert Rappaport emphasized that such large properties with breathtaking views are rare in Los Angeles, making the estate a truly unique offering.
Investment Potential and Exclusivity
With a listing price of $195 million, this estate is one of the most exclusive and valuable properties on the market. The combination of its location, the impossibility of replicating such a mansion under current regulations, and its architectural beauty makes it a compelling investment. The property is shown only to pre-qualified buyers, making it one of the most exclusive listings in Los Angeles.
Conclusion: A Landmark Estate
As Anthony Pritzker navigates his divorce and redefines his assets, listing the estate marks a key moment in the legacy of one of America’s most prominent families. The mansion is a testament to Pritzker’s vision, blending luxury with sustainable design, and will remain a landmark in Los Angeles real estate for years to come.
Anthony Pritzker, part of the influential Pritzker family, is known for his leadership in the Hyatt Hotels empire and his philanthropic efforts. Along with his brother J.B. Pritzker, Tony co-founded the Pritzker Group, an investment firm that spans various industries, while J.B. went on to become the Governor of Illinois. Tony has focused on business and philanthropy, particularly in education and environmental causes.
