Your home sold by a local expert agent for $4,950*

Help-U-Sell Julian Team serves the Ventura County communities of Oxnard, Ojai, Camarillo, Ventura, Thousand Oaks, Moorpark, Simi Valley and the San Fernando Valley.

California is the perfect place if you like year-round mild weather, stunning natural scenery including redwood forests, vast deserts and balmy beaches and a wealth of diverse cultures. It’s also great if you want to check out homes that only multimillionaires (or even billionaires) can afford. Case in point: A mega-mansion in Southern California’s Malibu area sold in June for $210 million. It’s the most expensive home ever sold in the Golden State.

Need a little more perspective? This house sold for more than what Jay-Z and Beyonce dished out on their Malibu compound in 2023. They spent $200 million.

What’s this ultra-luxury pad like? Who bought it? Who sold it? For $210 million, this better be something out of our most unattainable dreams.

The seller of this jaw-dropping home is James Jannard, an American businessman, designer and the founder of eyewear brand Oakley. He bought the house in 2012 for $75 million, according to real estate records reviewed by the Los Angeles Times. In 2024, $75 million amounts to about $102 million.

The identity of the buyer who spent $210 million on the home is a mystery. All we know is that they’re tied to a Delaware-based limited liability company.

Before we get into the details of the most expensive home ever sold in California, let’s take an inspiring look at the seller, Jannard. He launched Oakley in 1975 out of his car. Oakley, which went public in 1995, sold in 2007 to Luxottica in 2007 for $2.1 billion. According to Forbes, Jannard, 75, has a net worth of $1.3 billion.