Robert Sarver Buys Amazon Exec’s Seattle-Area Mansion

Amazon’s chief financial officer sold his Seattle-area mansion to the former owner of Phoenix’s NBA and WNBA teams.

Brian Olsavsky, who joined Amazon in 2002 and has served as CFO for the e-commerce giant since 2015, sold his Mercer Island, Washington, mansion to an entity linked to businessman Robert Sarver for $25 million, the Puget Sound Business Journal reported. The price amounts to $2,572 per square foot.

The Olsavskys acquired the property at 1615 Roanoke Way in 2016 for $5 million, and Toth Construction built the home in 2019, but how much it cost to build is unknown. Olsavsky and his wife Susan plan to stay in the area, a spokesperson for Amazon told the outlet.

The five-bedroom, eight-bathroom home hit the market in June with an asking price of $29 million.

The nearly 9,720-square-foot home sits on a 0.4-acre lot and boasts 102 feet of waterfront with a 100-foot dock. All of the bedrooms in the mansion are ensuite rooms, and the home has a gym, spa and elevator. Floor-to-ceiling windows open to a patio out back.

Windermere Real Estate’s Joan Bayley and Compass’ Tere Foster represented Olsavsky in the sale; broker information for the buyer was not disclosed.

It is the second most expensive sale on Mercer Island, and one of only four sales above $20 million in the island’s history, Foster said.

The buyer, Robert Sarver, owned a stake in the NBA’s Phoenix Suns and WNBA’s Phoenix Mercury before selling off his portions in 2023. He was suspended and fined by the NBA the previous year for inappropriate conduct, including the alleged use of racial slurs.

Amazon plans to eliminate 14,000 jobs while it is spending big on AI.

— Chris Malone Méndez