Following $83M Purchase in L.A., Billionaire Austin Russell Adds Contemporized Central Florida Manse for $10.6M

Published: January 8, 2022 | By: American Luxury Staff

Fresh from closing on a 20,000 sq. ft. compound in Los Angeles to the tune of $83 million, Luminar Technologies founder Austin Russell took time out toward the end of this past summer to pick up a residence in the Sunshine State. According to Dirt, the young tech entrepreneur paid $10.65 million for the ten-bedroom house in Winter Park, closing on it in September.

Like the Los Angeles home, the house in Florida settled on by Russell is a massive rebuild. The original structure dates to 1925, but has been heavily revised and, one surmises, expanded. Its winged design spans 13,855 sq. ft. There are 11 bathrooms throughout the property.

The mansion is situated on a spit of land between Lake Mizell and Lake Virginia. The spirit of the architecture is that of a grandiose gesture, a towering presence outside and something of a design travel-log inside.

Details, patterns and motifs that emerge on a tour of the home include ornamental ceilings, bedrooms with ladder-accessible lofts, extensive custom tilework — including multi-colored diamond-shaped tiles used for a staircase riser — and a variety of stone and hardwood. Tones are generally beige/brown or gray family, but some cool tones sneak in here and there.

Outside, the property’s living spaces and amenities include a covered BBQ, balconies, verandas, a two-level patio inset with a pool/spa, and lawns overlooking water.

Russell’s net worth is $1.7 billion, according to Forbes.

5923 January 8, 2022 Real Estate January 8, 2022