Ron Burkle bought Frank Lloyd Wright’s Ennis House for $4.5M, restored it, then sold it for $18M​on October 7, 2026 at 7:30 am

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.