Larry Page Buys Two Waterfront Estates In Coconut Grove For $173.4 Million From Jonathan Lewis Estate And Shaklee Corporation
3585 Anchorage Way & 3085 Munroe Drive
$173,400,000
Building Size
—
Asset Type
Single Family
Closing
Jan 7, 2026
AI
The asset involved in the transaction consists of two waterfront estates located at 3585 Anchorage Way and 3085 Munroe Drive in Coconut Grove. The properties, categorized as Single Family homes, totaled a sale price of $173,400,000. One estate, previously owned by Jonathan Lewis, spans 4.5 acres along Biscayne Bay, while the other estate was acquired off-market from Sloan Lindemann Barnett and Roger Barnett.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $173,400,000
- Buyer: Larry Page
- Seller: Jonathan Lewis Estate; Sloan Barnett & Roger Barnett - Shaklee Corporation
- Date of Sale: 01/07/2026
- Market: Coconut Grove
Key individuals in this transaction include Larry Page, co-founder of Google, and the sellers, which comprise the Jonathan Lewis Estate and Sloan Barnett & Roger Barnett, who are affiliated with Shaklee Corporation. The purchase of these properties underscores the ongoing interest of tech billionaires in the Miami real estate market amid California's proposed wealth tax.
Players
Miami Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93