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National News

The Times of India

National / The Times of India

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Ron Burkle bought Ennis House for $4.5m, spent up to $17m restoring it

Billionaire investor Ron Burkle acquired the iconic Ennis House, designed by Frank Lloyd Wright, at a bargain due to its deteriorated state. After pouring approximately $17 million into comprehensive renovations, the property was exquisitely restored and listed for $18 million in 2024. This impressive sale established a new benchmark for architecturally significant homes, underscoring the importance of conserving historic structures for future appreciation.

7 Oct 2026 1:00 pm