Elle Macpherson, the Australian supermodel known as “The Body,” has not only graced the world’s most prestigious fashion runways but has also established herself as a formidable player in the global real estate market. With an estimated fortune of $US95 million ($A140 million), Macpherson’s property ventures have been as successful as her modeling career. Recently, she made headlines with the sale of her Florida retreat, further cementing her status as a savvy real estate investor.
Macpherson’s property portfolio is as diverse and impressive as her career. From luxurious estates in Florida to chic apartments in New York, her investments reflect a keen eye for both luxury and value. Here, we explore some of the key properties that have defined her real estate journey.
Florida: A Luxurious Retreat
In 2024, Macpherson finalized the sale of her stunning Florida estate for $US18.5 million ($A27.4 million). The property, located in the upscale Coral Gables area, was purchased by Macpherson in 2018 for $US8.1 million ($A11.3 million). The estate spans over 1.7 acres and features a sprawling 830 sqm home with six bedrooms, six bathrooms, a saltwater pool, and a powder room.
Aspen: A Mountain Escape
Macpherson’s Aspen retreat, listed in 2015 for $US35 million ($A52 million), is another testament to her real estate acumen. Purchased with her then-husband, billionaire Jeffrey Soffer, in 2007 for $US36.5 million ($A54 million), the 26-hectare estate was once owned by Saudi Prince Bandar bin Sultan. Nestled within an exclusive gated community, the property offers breathtaking views of Aspen and boasts high-end amenities, including an indoor pool, steam room, hot tub, juice bar, gym, and two elevators.
New York: City Living
In 2017, Macpherson sold her New York City pied-à-terre for $US2.4 million ($A3.5 million). Originally purchased in 1993, the Upper East Side apartment was transformed from a two-bedroom, two-and-a-half bath unit into a spacious one-bedroom home. It features a wood-burning fireplace, home office, and chef’s kitchen, all located just steps from Central Park.
London and the Cotswolds: International Holdings
Macpherson’s real estate ventures extend beyond the United States. In 2009, she sold her London home in Notting Hill for £7.5 million ($A15 million), a property she had owned since 2006. Built in the 1850s, the house included six bedrooms, five bathrooms, and a 36-foot-long kitchen.
In the rural Cotswolds, England, Macpherson added a lakeside home on a luxury eco-estate to her portfolio. She personally designed the interiors of the Dock House, emphasizing a modern aesthetic that complements the natural beauty of the area. “The large expanses of water and wide-open spaces also remind me of Australia, so it very much feels like home to me,” she shared with Country and Townhouse in 2017.
From Runways to Real Estate
Elle Macpherson’s journey from a law student at Sydney University to a global fashion icon is as remarkable as her transition into real estate. Initially modeling to fund her education, Macpherson quickly rose to fame, becoming one of the highest-paid models of her time. Dubbed “The Body” by Time Magazine in 1989, she graced the covers of numerous prestigious magazines and walked the runways for top fashion brands.
Her business acumen extends beyond real estate. In 2014, she co-founded WelleCo, a health and wellness company specializing in dietary supplements and plant proteins. This venture reflects her commitment to wellness and healthy living, values that are evident in her choice of real estate properties.
Macpherson’s ability to seamlessly transition between industries while maintaining her brand and influence is a testament to her versatility and business savvy. Her real estate portfolio not only highlights her investment prowess but also her appreciation for luxury and comfort.
As Macpherson continues to expand her ventures, both in real estate and beyond, she remains a powerful figure in the world of business and fashion. Her story serves as an inspiration for those looking to diversify their careers and explore new opportunities.
