In-N-Out Burger’s billionaire owner and granddaughter of the founders relisted her Bradbury Estates mansion for $16.8 million.
The price tag Lynsi Snyder served up on the property at 340 Old Ranch Road makes it the most expensive home on the market in Bradbury, according to the Los Angeles Times. Even if sold at that price, the deal would represent a loss for Snyder’ she paid $17.4 million for the spread in 2012, records show.
It’s also a price chop from late 2019, when the property was last on the market, priced at $19.8 million. It had sat there since 2017.
The estate has two homes that total 18,000 square feet, as well as a 3,400-square-foot recreation and event center. The Mediterranean-style main house has 11 bedrooms and 13 bathrooms. Amenities include a wine cellar, wine-tasting room, billiards room, movie theater, and a gym.
The rear of the home opens to a terrace and the infinity pool. The backyard has a two-hole golf course complete with a sand trap. There are also tennis and basketball courts farther down the property.
Bradbury Estates is a gated community with a minimum lot size of 5 acres.
A huge estate dubbed Bliss Canyon was featured on the show, “Million Dollar Listing,” in 2018. It was once on the market for $80 million, but the investment company that bought cut the price down to $30 million, according to a report at the time.
Snyder, who is president of In-N-Out, has a net worth of $3.6 billion, according to Forbes.
[LAT] — Dennis Lynch