While Sandra Bullock is well known as America’s sweetheart movie star, she is also an astute businesswoman who’s invested in residential and commercial real estate for decades; today, the Oscar-winning actress (“Bird Box,” “The Blind Side,” “Miss Congeniality”) has one of Hollywood’s most impressive portfolios. Through a maze of LLCs and other investment entities, Bullock owns no less than 17 properties scattered across the country, many of them multimillion-dollar residences.
As she approaches her mid-50s, the Virginia-born star reportedly divides her time between a lakefront home in Austin, Texas, two houses on a hilltop in Jackson Hole, Wyoming, a $12 million townhouse in New York City, a Gothic Victorian mansion in New Orleans, and a multi-acre estate above Beverly Hills. She has also been buying prime real estate in Malibu and Los Angeles over the past few years, although it was previously unreported.
As of summer 2018, Bullock acquired three properties using three oddly-named entities: one in the mountains above Beverly Hills, the other two oceanfront homes in Malibu, both guarded. She paid a total of $16.5 million in cash for all three; they appear to have been acquired without the assistance of mortgages.
Bullock’s first purchase was made in June 2018, when she spent $8.5 million on a home in a prestigious Malibu enclave where Halle Berry and “The Lego Movie” producer Jon Burton live.
This 1979-built house has four bedrooms and four bathrooms. With dark-stained wood cabinets, white-veined ebony granite countertops, and an array of expensive stainless appliances, the open floorplan features frosted glass front doors, tile floors, sliding glass doors, and a kitchen that screams late ’90s.
The oceanfront property was purchased by Bulllock for $8.5 million through a 1031 exchange, a process that allows an owner to defer capital gains taxes by trading up one investment property for another. After selling a smaller rental house in Hollywood Hills, Bulllock purchased the Malibu home.)
