Jun 24, 2025
Bezos Could Expand Indian Creek Bunker as Adjacent $105M Waterfront Lot Sells
Traded Editorial
Key Points
-
A record-setting 1.8-acre waterfront parcel at 9 Indian Creek Island Road sold for $105 million—half of its 2024 listing price of $200 million.
-
The seller, Mikhail Peleg, bought it in 2018 for $27.5 million and sold to a land trust managed by attorney Joe Hernandez.
-
Though public records list the buyer as an “international finance executive,” the purchase replicated Bezos’s 2023 playbook by using the same agent, Celine Klepach, fueling speculation the Amazon billionaire expanded his Indian Creek holdings, according to The Real Deal.
The latest transaction at 9 Indian Creek Island Road—a 1.8‑acre waterfront lot adjacent to Jeff Bezos’s residences—closed for $105 million, marking the most expensive vacant land sale ever recorded on the ultra-exclusive island.
New Benchmark in Billionaire Bunker
-
Record price: The $105 million sale beats all prior land transactions on Indian Creek Island, though it fell short of the current market record for all properties—about $120 million.
-
Seller’s windfall: Peleg, a German real estate investor based in Switzerland, seized a nearly quadrupled return in just seven years—buying at $27.5 million in 2018, listing at $200 million late 2024, then sealing the deal at $105 million.
Behind the Buyer: Mystery or Bezos?
-
Public face: The Wall Street Journal identified the buyer only as an “international finance executive” planning a mansion with Manny Varas, a luxury builder.
-
Same realtor, same playbook: The purchase was executed via a land trust managed by Bilzin Sumberg attorney Joe Hernandez using Celine Klepach, daughter of Indian Creek's mayor—a tactic Bezos used in his prior purchases.
-
Repeat moves: In 2023–24, Bezos acquired three neighboring waterfront properties—11, 12, and 28 Indian Creek Island Road—for a combined $234 million, building a contiguous estate totaling 6.4 acres.
What This Means for Indian Creek
-
Security-driven pricing: As a gated, self-policed enclave with just 41 estates—including neighbors like Tom Brady, Ivanka Trump, and Carl Icahn—the island continues to command mega-premiums.
-
Investor appeal: Peleg's outsized return underscores Indian Creek's ability to reward long-term, high-end real estate bets.
-
Expansion signal: If Bezos is indeed the buyer, this would further cement his control over the western waterfront, aligning with reports of his plans to develop a mansion spanning 11 and 12 Island Road.
This premium lot sale at $105 million underscores Indian Creek’s enduring allure for billionaires and investors—it’s a testament to the island's exclusivity, privacy, and prestige. With speculation swirling around Bezos as the buyer, the plot’s integration into his estate could reshape his footprint and influence further pricing dynamics across this ultra-high-end micro-market.