Ron Burkle bought Ennis House for $4.5m, spent up to $17m restoring it

 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. 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.