Google Billionaire Larry Page Snaps Up 2 Miami Mansions for $173 Million

Billionaire and Google co-founder Larry Page has shelled out more than $173 million in recent weeks, snapping up a pair of luxury estates tucked deep within Miami's discreet Coconut Grove enclave. Page made the high-dollar moves as speculation intensified over his broader departure from California, where a proposed ballot measure targets billionaires with a sweeping one-time wealth tax.

If enacted, the measure would apply to individuals residing in California on January 1, 2026, prompting relocations by high-net-worth residents. According to the Wall Street Journal, Page kicked off his buying spree on December 29, picking up an estate for $101.5 million that had initially been listed in June 2024 with an asking price of $135 million.

The estate comprises 13 bedrooms and 15.5 bathrooms and was previously owned by the late restaurateur Jonathan Lewis. The land beneath the estate was first purchased by Lewis in 2002 for $1.8 million, with the home completed six years later in 2008. Known as Banyan Ridge Estate, the residence extends over 11,800 square feet and occupies four acres, though it does not provide direct water access. Days after closing on Banyan Ridge, Page also scooped up a second residence in Coconut Grove in a private deal worth $71.9 million.

The second estate is located about a 4-minute drive from the first and occupies a corner plot with private waterfront on two sides along Biscayne Bay. The property spans more than 10,400 square feet and contains seven bedrooms and eight bathrooms. It sits on a smaller parcel of land, less than one acre, and was previously owned by heiress Sloan Lindemann Barnett and her husband, Roger Barnett. Sloan Lindemann Barnett is the daughter of George Lindemann, a former executive in the fossil fuel sector. The couple had bought the residence in April 2021 for $45.9 million, with the off-market sale to Page almost doubling their investment in under five years.

The second property, known as Casa Bahia, features a modern architectural design defined by flat geometry and surrounded by tropical vegetation. It is described in its original marketing materials as a modernist dwelling that appears to hover over the surrounding greenery and water, creating an immersive indoor-outdoor experience. Banyan Ridge Estate, in contrast, is defined by a traditional South Florida design, structured as a gated enclave of eight separate but interconnected structures. The estate comes with meditation gardens, multiple secluded courtyards, expansive terraces, and an infinity-edge pool.

A private boathouse rounds out the offerings. According to Business Insider, Page moved his family office, Koop, out of California in late December and registered the business in Delaware. He also transferred another corporate entity, One Aero, to Florida, suggesting a long-term pivot away from California operations. Sources familiar with the matter note that it is unclear whether Page intends to sell his extensive residential compound in Palo Alto. He began assembling the property in the early 2000s, and it has made headlines for its scale and state-of-the-art technology.

Larry Page currently has a net worth of $281 billion, making him the second-richest individual in the world, according to the Bloomberg Billionaires Index. Page's strategic real estate moves and corporate restructures come as other California billionaires weigh relocation in response to mounting concerns over the proposed tax ballot. South Florida, particularly Coconut Grove, has seen increased interest from high-net-worth individuals who are actively evaluating long-term relocation plans in advance of any new wealth-based legislation.

Multiple reports have highlighted that inquiries from California-based buyers have risen sharply in the final quarter of 2025. Many of these buyers are exploring properties with waterfront access and design that prioritizes lifestyle enhancements without excessive public attention. Coconut Grove's appeal is driven less by overt glamour and more by a low-profile luxury infrastructure that offers security and high asset value retention.

The neighborhood's layout, housing stock, and tax advantages form a trio of practical considerations for those seeking relocation options. The two homes Page purchased, although located relatively close to each other, do not sit on adjoining lots, which would limit efforts to develop a combined compound-style residence like his Palo Alto estate. Still, the properties offer complementary experiences. Page is reportedly not the only former Google executive eyeing real estate in the area. Sources shared with the New York Times that Sergey Brin, Page's fellow co-founder at Google, is also currently in negotiations to scoop up a mansion nearby.

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Larry Page, Google co-founder, Jeff Bezos, Miami real estate, Coconut Grove, billionaire homes, wealth tax, California exodus, luxury estates, South Florida, Tech billionaires