The Smiths’ $12.5 million purchase follows billionaire Justin Ishbia’s $16 million purchase last year of a Winnetka mansion that he subsequently demolished to assemble a private estate.
Jared Smith, who cofounded the protein-bar company RxBar before selling it for $600 million to Kellogg, and his wife, Gabriella, were the buyers of a 12,000-square-foot Winnetka mansion that sold in July for $12.5 million, according to sources. The transaction was the Chicago area’s highest-priced residential sale of the year and one of the highest-priced home purchases in Winnetka history.
Other features include a primary bedroom suite with a private deck, a screened porch with refinished bluestone floors, a lower level that has been reconfigured with a separate theater and a recreation area, a second mudroom, a third-floor gym and all-new floors and beveled mirrors, a newly built-out office on the third floor, a heated, six-car garage and a brand-new roof.
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