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California

Oct 25, 2023

Billionaire's Daughter Lists Her Oceanfront SoCal Retreat for $26.5 Million

Catherina Gores, co-founder of EpiPals and the daughter of billionaire investor Tom Gores, is putting her exclusive Malibu Colony residence on the market for $26.5 million. Let's explore this oceanfront gem.

Billionaire's Daughter Lists Her Oceanfront SoCal Retreat for $26.5 Million
Traded Media
Traded Media

Traded Editorial

2 min read

Catherina Gores, co-founder of EpiPals and the daughter of billionaire investor Tom Gores, is putting her exclusive Malibu Colony residence on the market for $26.5 million. Let's explore this oceanfront gem. 

Catherina Gores' Lavish Malibu Retreat

Catherina Gores, just 26 years old, has decided to part ways with her stunning Malibu Colony estate. This move comes after her recent acquisition of a $25 million mansion in Pacific Palisades, Los Angeles. Her Malibu residence, originally bought for under $17 million from George Shapiro, the late Seinfeld executive producer, is now available for a staggering $26.5 million.

A Glimpse Inside the Malibu Colony Enclave

This oceanfront home, built in the early 1990s and updated during Gores' ownership, boasts four bedrooms, six baths, and nearly 5,000 square feet of living space. Designed by Michael S. Smith, known for his work in Barack Obama's White House, the interior features hardwood floors throughout. Notably, this property is also available for lease at $145,000 per month and comes with an attached two-car garage, a spacious driveway, and direct beach access.

Elegance and Comfort: Interior Highlights

Stepping inside, you'll find a living room with a fireplace, flanked by built-in arched bookshelves and French doors leading to a patio, perfect for outdoor relaxation. The adjacent kitchen offers a butcher block-topped island, top-tier Wolf appliances, and a generous dining area. Upstairs, the master suite features a balcony with an ocean view and a spa-inspired bath with a freestanding soaking tub and glass-encased shower. The compact backyard includes a wood deck and a patio space ideal for enjoying beachfront living.

A Gores Family Affair

Catherina Gores' father, Tom Gores, founder of Platinum Equity and owner of the Detroit Pistons, has instilled a love for real estate in his daughter. He boasts a property portfolio worth $250 million, with residences in Holmby Hills, Malibu, Beverly Park, and Michigan, where the Gores family frequently vacations. Forbes estimates his net worth at $8.1 billion. Notably, the listing is managed by Tom Gores' sister, Samira Gores, and his nieces, Christine Martin and Tiffany Martin, all from The Agency.

#California#Celebrity
Published: Oct 25, 2023Last updated: October 25, 2023