Mark Zuckerberg Set to Purchase Luxurious Waterfront Mansion on Indian Creek Island for $150-200 Million

Mark Zuckerberg is the owner of many properties. And the Meta CEO and his wife, Dr Priscilla Chan, are adding to their real estate portfolio with a waterfront property in the most in-demand section of one of the most exclusive neighbourhoods in America. Reports have emerged that Zuckerberg is looking to purchase a recently completed luxury mansion on Indian Creek Island, a 300-acre, man-made island near Miami in the US. This will make Zuckerberg the neighbour of Amazon’s Jeff Bezos’ neighbour. What do we know of this potential high-end purchase? According toThe Wall Street Journal, Zuckerberg and wife are set to buy a newly completed waterfront mansion on Miami’s Indian Creek, said sources familiar with the deal. According to the American news outlet, the seller is a limited liability company tied to Jersey Mike’s Subs founder Peter Cancro. While the exact price remains unknown, there is speculation that Zuckerberg has paid $150 million to $200 million for the two-acre piece of property. For comparison, an undeveloped lot of roughly the same size on Indian Creek sold for $105 million last year. According to reports, the two will likely move into the house by April. The estate runs along Biscayne Bay, complete with reinforced seawalls and several private docks. Boats and yachts can pull up directly. If purchased, Zuckerberg’s property is located close to Amazon’s Jeff Bezos’ house in the location famously known as Billionaire Bunker. Interestingly, Zuckergberg’s move comes at a time when a proposed ballot initiative on a one-time five per cent “billionaires’ tax” gains steam in California. The measure, if passed, will apply retroactively from Jan. 1, 2026, for any individual with a net worth of at least $1 billion. Florida, by contrast, offers no state income tax, resulting in millions of dollars of savings for billionaires like Zuckerberg and Bezos, theWall Street Journalreported. Indian Creek Village is often referred to as ‘Billionaire Bunker’ due to its high-profile, wealthy residents. This 300-acre man-made island hosts approximately 84 residents in 41 lots, and operates as an independent municipality with its own private police. ATimes of Indiareport states that historian Paul George from the History of Miami Museum explains that the island was developed during the real estate boom of the 1920s as an Italian- Mediterranean community and officially became a municipality in 1939. The island also boasts of a high-tech security system that’s straight out of a spy movie. According to one news report, an Israeli-designed radar system rings the island. It’s a system that can detect anyone approaching half a mile away. Cameras are everywhere: hidden in hedges, mounted on poles and linked to a command centre that monitors every move. On Billionaire Bunker, residents — such as business moguls, celebrities and other affluent individuals — have exclusive access to a country club and a private 18-hole golf course. The properties facing Biscayne Bay also offer breath-taking views and privacy from the prying eyes of the public. Interestingly, Bezos has been snapping up properties on Indian Creek Island since announcing his move to Florida in 2023. He first purchased a $68 million home that year, just a few doors down from Zuckerberg’s, theWSJreported. He also paid $79 million that year for a neighbouring property to merge the lots into one compound. The report added that Bezos lives in a third Mediterranean-style home on the island’s eastern side, purchased for $87 million in 2024. The home in Billionaire’s Bunker is just among the many properties that Zuckerberg owns. His primary residence continues to be home Palo Alto, where, according to theNew York Times, he owns 11 properties in the Crescent Park neighbourhood. Over more than a decade, Zuckerberg has poured $110 million into buying adjacent properties, in some cases drawingcomplaints from his neighbours. The Meta CEO also owns a $300 million property commonly known as Koʻolau Ranch, spanning roughly 1,400 acres in Hawaii. According to a report in The Wired, this is one of Zuckerberg’s most secretive properties, with anyone who enters it has to sign non-disclosure agreements. Zuckerberg also has properties in Lake Tahoe in the Sierra Nevada mountains between Nevada and California. He also has a $23 million mansion in Washington DC’s exclusive Woodland-Normanstone neighbourhood,Politicoreported. With inputs from agencies Alin Sherin Abraham, a 10-month-old from Kerala, became the state's youngest organ donor, saving four lives after being declared brain dead following a road accident. Her organs, including liver, kidneys, heart valve, and eyes, were donated to multiple hospitals, benefiting infants and children. Leaders, celebrities, and the public praised her parents for their compassionate decision, with the funeral held with full state honours. Get the latest stories delivered straight to your inbox.