A Billionaire’s Daughter Is Asking $26.5 Million for Her Oceanfront SoCal Retreat
Now that Catherina Gores has had some time to settle into her new $25 million mansion in the Los Angeles neighborhood of Pacific Palisades, the 26-year-old daughter of billionaire investor and Detroit Pistons owner Tom Gores has decided to hoist her other residence in the exclusive gated Malibu Colony enclave up for sale.
The co-founder of the nonprofit group EpiPals is asking $26.5 million for the oceanfront digs, which she acquired from the late Seinfeld executive producer George Shapiro a little less than two years ago, paying a speck under $17 million.
More from Robb Report
Built in the early 1990s, previously decorated by Barack Obama's White House designer Michael S. Smith and updated during Gores' tenure, the wood-sided structure features four bedrooms and six baths filtered across nearly 5,000 square feet of living space boasting hardwood floors throughout. The place—which also is available for lease at $145,000 per month—comes complete with an attached two-car garage and wide driveway in the front, plus easy access to the beach out back.
A doorway next to the garage leads into the ground floor of the three-story home, which is spotlighted by a living room displaying a fireplace flanked by built-in arched bookshelves, as well as French doors spilling out to a patio ideal for al fresco lounging and entertaining with a hot tub and built-in barbecue. An adjacent kitchen sports a butcher block-topped island with a wine cooler, top-tier Wolf appliances and a spacious dining area.
Warmed by a fireplace, the bright and airy living room opens to an ocean-view patio.
Upstairs, a spacious master retreat has a slender balcony overlooking the ocean, along with a spa-inspired bath hosting a dressing area, freestanding soaking tub and glass-encased shower; and though compact at well under a quarter-acre, the backyard does include the aforementioned patio space, which steps up to wood deck offering direct beach access.
Tom Gores, founder of Platinum Equity , has clearly passed down his love of real estate to his daughter. The 59-year-old's $250 million property portfolio includes lavish homes in Holmby Hills, Malibu, Beverly Park and his native Michigan, where the Gores family still frequently vacations. Per Forbes , his estimated net worth is $8.1 billion.
Speaking of family, the listing is shared by Tom Gores' sister Samira Gores , and his nieces Christine Martin and Tiffany Martin , all of The Agency.
Click here for more photos of Catherina Gores' Malibu Colony retreat.
Best of Robb Report
Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram .
