$47 Million Les Wexner House in New Albany, Ohio
Les Wexner’s house is a stunning testament to luxury living. Nestled in the upscale community of New Albany, Ohio, this sprawling estate showcases the immense wealth and refined taste of its billionaire owner. With its Georgian-inspired architecture and vast grounds, the Wexner mansion stands as one of the most impressive private residences in the Midwest. But there’s more to this property than just its eye-popping price tag and grand facade.
Let’s take a closer look at the man behind the mansion and explore the incredible features that make the Les Wexner house truly one-of-a-kind.
Who is Les Wexner?
Leslie “Les” Wexner is an American businessman and billionaire who made his fortune in the retail industry. As the founder of L Brands (formerly Limited Brands), Wexner built an empire that included iconic brands like Victoria’s Secret, Bath & Body Works, and The Limited. His keen eye for fashion trends and savvy business acumen propelled him to become one of the wealthiest people in Ohio.
With a net worth estimated at $6 billion, Wexner enjoys a lavish lifestyle befitting his status. His assets include multiple homes, a superyacht, private jets, and an impressive art collection. The crown jewel of his real estate holdings is undoubtedly his primary residence in New Albany, Ohio.
Wexner’s car collection is said to include rare and vintage automobiles, though details are closely guarded. His 316-foot superyacht, aptly named “Limitless,” was one of the largest private yachts in the world when it was built in 1997. He also owns a Boeing 737 BBJ private jet for his travels. While the exact number of homes in his portfolio isn’t public, Wexner is known to own properties in Ohio, New York, and England. As for private islands, there’s no confirmed information about Wexner owning any.
Les Wexner at a Glance
Detail | Information |
---|---|
Full Name | Leslie Herbert Wexner |
Born | September 8, 1937 |
Age | 86 (as of 2023) |
Birthplace | Dayton, Ohio |
Nationality | American |
Occupation | Businessman, Investor |
Known For | Founder of L Brands |
Net Worth | $6 billion (estimated) |
Spouse | Abigail S. Koppel (married 1993) |
Children | 4 |
Primary Residence | New Albany, Ohio |
Notable Assets | 316-foot yacht “Limitless”, Boeing 737 BBJ private jet |
Education | The Ohio State University (B.A. in Business Administration) |
Philanthropy | The Wexner Foundation, Ohio State University Wexner Medical Center |
Where Does Les Wexner Live Now?
Les Wexner currently resides in his sprawling estate in New Albany, Ohio. This picturesque suburb of Columbus has become synonymous with luxury living, largely due to Wexner’s influence and development efforts in the area.
New Albany is known for its Georgian-style architecture, tree-lined streets, and upscale amenities. The community boasts world-class golf courses, equestrian facilities, and a thriving cultural scene. Wexner’s estate is located in the heart of this exclusive enclave, surrounded by manicured landscapes and rolling hills.
The exact address of the Wexner mansion is not publicly disclosed for privacy and security reasons. However, it’s well-known that the property is situated within the prestigious New Albany Country Club community, which Wexner himself helped develop.
Les Wexner House
The Les Wexner house is more than just a home; it’s a masterpiece of architectural design and a showcase of unparalleled luxury. This Georgian-style mansion, sprawling across 336 acres of meticulously landscaped grounds, is a testament to Wexner’s success and refined taste.
Built-in the early 1990s, the main house alone covers an impressive 30,000 square feet. The estate was designed by renowned architect Robert A.M. Stern, known for his neo-traditional designs that blend classical elements with modern amenities. The result is a timeless residence that exudes elegance and grandeur while providing all the comforts of contemporary living.
The exterior of the mansion is a sight to behold, with its symmetrical facade, grand columns, and intricate brickwork. A slate roof adds a touch of sophistication, while large windows allow natural light to flood the interior spaces. The property’s vast grounds include manicured gardens, water features, and even a private lake, creating a serene and private oasis for the Wexner family.
Where Is Les Wexner’s House?
Les Wexner’s house is located in the heart of New Albany, Ohio, a suburb about 15 miles northeast of Columbus. The exact address is not publicly disclosed, but the estate is known to be within the New Albany Country Club community, an area that Wexner himself played a significant role in developing.
New Albany is often referred to as Wexner’s “personal Xanadu” due to his extensive involvement in shaping the community. The town has become a model of planned suburban development, known for its high-end homes, excellent schools, and abundant green spaces. Wexner’s vision for New Albany was to create a community that combined the best aspects of small-town living with world-class amenities and architecture.
The location of Wexner’s estate offers both privacy and convenience. While secluded on its vast acreage, the property is just a short drive from the amenities of New Albany and within easy reach of Columbus. This strategic location allows Wexner to enjoy a tranquil home life while remaining connected to the business world and cultural offerings of Ohio’s capital city.
Features of Les Wexner House
The Les Wexner house is a masterpiece of design and luxury, blending classical architecture with modern amenities. Here’s a closer look at its key features:
1. House Design
The mansion follows a Georgian architectural style, characterized by its symmetry, proportion, and classical details. This style, popular in 18th-century England and America, is known for its elegance and timeless appeal. Wexner’s home exemplifies these traits with its balanced facade, prominent central entrance, and evenly spaced windows.
2. Area
The main house alone spans an impressive 30,000 square feet. However, the entire estate covers a staggering 336 acres, providing ample space for additional structures, landscaped gardens, and natural areas.
3. Architectural Design and Style
Designed by acclaimed architect Robert A.M. Stern, the house showcases a neo-traditional approach that respects historical styles while incorporating modern functionality. The exterior features red brick construction with white trim, a hallmark of Georgian architecture. Large columns frame the main entrance, creating a grand and imposing first impression.
The roof is made of greenish slate, adding a subtle touch of color and texture to the overall design. Symmetrically placed chimneys and dormer windows contribute to the classical aesthetic. Large, multi-paned windows allow plenty of natural light into the interior spaces while maintaining the home’s historical character.
Inside, the house boasts high ceilings, elaborate moldings, and spacious rooms typical of Georgian-style homes. However, these traditional elements are seamlessly blended with modern conveniences and luxurious finishes to create a comfortable and functional living space for the 21st century.
The interior design, overseen by renowned designer John Stefanidis, strikes a balance between opulence and comfort. Rich fabrics, antique furnishings, and carefully curated art pieces create an atmosphere of refined elegance throughout the home.
Personal House Touches
While the Les Wexner house is undoubtedly a showcase of luxury and architectural excellence, it’s also a personal home tailored to the tastes and needs of the Wexner family. Here are five notable improvements or personal touches that Les Wexner has added to the property since its purchase:
- Art Gallery: Wexner, a known art enthusiast, has incorporated a dedicated art gallery within the mansion. This space houses part of his extensive collection of contemporary and modern art, featuring works by renowned artists. The gallery not only serves as a personal museum but also reflects Wexner’s passion for art and his commitment to supporting cultural institutions.
- State-of-the-Art Security System: Given Wexner’s high profile, security is a top priority. He has installed a cutting-edge security system throughout the property. This includes video surveillance, motion sensors, and a sophisticated alarm system, ensuring the safety and privacy of his family and their guests.
- Custom Wine Cellar: Wexner has added a temperature-controlled wine cellar to house his collection of rare and fine wines. This custom-built space not only provides optimal storage conditions but also serves as an impressive entertaining area for wine tastings and intimate gatherings.
- Philanthropic Event Space: Recognizing the potential of his estate to support charitable causes, Wexner has created a dedicated space for hosting philanthropic events. This area can accommodate large gatherings and has been used for fundraisers and charity auctions, reflecting the Wexners’ commitment to giving back to their community.
- Sustainable Landscaping: In recent years, Wexner has made efforts to increase the sustainability of the estate’s vast grounds. This includes the installation of water-efficient irrigation systems, the use of native plants in landscaping, and the creation of wildlife habitats. These improvements not only enhance the beauty of the property but also demonstrate a commitment to environmental stewardship.
These personal touches showcase how Les Wexner has transformed this already impressive mansion into a home that truly reflects his interests, values, and lifestyle.
House Amenities
The Les Wexner house is equipped with an array of luxurious amenities that cater to every aspect of comfortable living and entertainment. Here’s a list of some of the most notable features:
- Indoor Swimming Pool
- Home Theater
- Fitness Center
- Tennis Court
- Bowling Alley
- Library
- Wine Cellar
- Gourmet Kitchen
- Spa and Sauna
- Art Gallery
- Guest House
- Outdoor Kitchen and Entertainment Area
- Helipad
- Car Collection Showroom
- Music Room
- Game Room
- Greenhouse
- Private Lake
- Equestrian Facilities
- Security Command Center
These amenities ensure that the Wexner family and their guests have access to a wide range of leisure and entertainment options without ever having to leave the estate.
Neighborhood Area
The Les Wexner house is situated in the heart of New Albany, Ohio, a community that has been significantly shaped by Wexner’s vision and investments. This upscale suburb, located about 15 miles northeast of Columbus, has become one of the most desirable residential areas in the Midwest.
New Albany is known for its carefully planned development, which blends luxury living with small-town charm. The community features Georgian-style architecture throughout, creating a cohesive and elegant aesthetic. Tree-lined streets, white picket fences, and well-manicured lawns contribute to the area’s picturesque appearance.
One of the centerpieces of the community is the New Albany Country Club, which offers world-class golfing facilities. The 27-hole golf course, designed by Jack Nicklaus, attracts golf enthusiasts from around the region. The country club also features tennis courts, swimming pools, and fine dining options.
Education is a priority in New Albany, with the local school district consistently ranking among the best in Ohio. The New Albany-Plain Local School District campus, known as the “Learning Community,” is a state-of-the-art facility that serves students from elementary through high school.
The New Albany Market Square serves as the town center, offering a mix of local boutiques, restaurants, and services. This area hosts community events throughout the year, fostering a strong sense of community among residents.
Green spaces are plentiful, with over 2,000 acres of parkland and 45 miles of leisure trails throughout the community. These areas provide ample opportunities for outdoor recreation and contribute to the town’s commitment to environmental sustainability.
Market Value
Detail | Information |
---|---|
Build Year | The early 1990s |
Purchase Year | N/A (Custom built for Wexner) |
Purchase Value | N/A |
Most Recent Estimated Value | $47 million (as of 2023) |
It’s important to note that the true market value of the Les Wexner house is difficult to determine precisely. The property’s unique features, vast acreage, and the prestige associated with its owner all contribute to its value. Additionally, luxury properties of this caliber are often valued differently from standard residential real estate.
The $47 million estimate is based on various real estate assessments and public records. However, if the property were to be put on the market, its actual selling price could potentially be much higher, given its exceptional nature and the limited market for ultra-luxury estates.
Les Wexner Real Estate Portfolio
While the New Albany estate is Les Wexner’s primary residence, it’s not the only property in his real estate portfolio. Here’s an overview of some of the other properties associated with the retail mogul:
- Foxcote House, Warwickshire, England: In 1997, Wexner purchased this historic 18th-century mansion set on 4,000 acres of the English countryside. The property, which dates back to 1740, was extensively renovated under Wexner’s ownership.
- Manhattan Townhouse, New York City: Wexner owns a townhouse on East 71st Street in Manhattan. This property gained notoriety due to its connection with Jeffrey Epstein, who lived there for years. Wexner reportedly transferred ownership of the house to Epstein in 2011.
- Florida Home, Palm Beach: While details are limited, Wexner is said to own a property in Palm Beach, Florida, a popular location for wealthy individuals seeking warm weather retreats.
- Ohio State University Properties: Through his philanthropic efforts, Wexner has been involved in several real estate projects at Ohio State University. While not personal residences, these properties reflect his influence on the Columbus area.
- Columbus Office Building: Wexner owns a significant office building in downtown Columbus, which serves as the headquarters for L Brands. While not a residence, this property is an important part of his real estate holdings.
- Aspen Retreat, Colorado: Though not extensively publicized, Wexner is reported to own a vacation home in the exclusive ski resort town of Aspen, Colorado. This property allows the family to enjoy winter sports and mountain living.
- New Albany Development Properties: As a key figure in the development of New Albany, Wexner likely owns or has interests in various commercial and residential properties throughout the community, beyond his personal estate.
It’s worth noting that Wexner’s real estate portfolio has evolved over the years, with some properties being sold or transferred. For instance, he previously owned a property on Antibes in the French Riviera, which was reportedly sold in the early 2000s.
Wexner’s approach to real estate seems to mirror his business acumen – focusing on high-quality, strategically located properties that offer both personal enjoyment and potential for appreciation. His portfolio reflects a mix of primary residences, vacation homes, and properties tied to his business and philanthropic interests.
Conclusion
The Les Wexner house in New Albany, Ohio, stands as a testament to the retail mogul’s success, vision, and refined taste. This $47 million estate is not just a home; it’s a masterpiece of architectural design and a cornerstone of one of America’s most exclusive planned communities.
From its Georgian-inspired facade to its vast 336-acre grounds, every aspect of the Wexner mansion exudes luxury and attention to detail. The 30,000-square-foot main house, designed by renowned architect Robert A.M. Stern, seamlessly blends classical elegance with modern amenities. Personal touches like the art gallery and philanthropic event space reflect Wexner’s passions and values.
The property’s extensive amenities – including an indoor pool, home theater, and private lake – ensure that the Wexner family enjoys the height of comfort and entertainment. Meanwhile, the surrounding New Albany community, largely shaped by Wexner’s vision, offers a perfect blend of small-town charm and world-class facilities.
Beyond its impressive features, the Les Wexner house tells a larger story about American entrepreneurship and the power of vision. It stands as a physical manifestation of Wexner’s journey from a small clothing store owner to a retail industry titan. The estate’s influence extends beyond its boundaries, having played a crucial role in the development and character of New Albany itself.
As we’ve explored Wexner’s broader real estate portfolio, it’s clear that his approach to property mirrors his business strategy – focusing on quality, strategic locations, and long-term value. From historic English mansions to Manhattan townhouses, each property in his collection serves a purpose, whether as a family home, a business hub, or a philanthropic tool.
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