Saran Chatterjee SVP, Product | realtors.com
An opulent California mansion, once owned by the late Scott Minerd of Guggenheim Partners, is on the market for $17 million amid a legal dispute over his $400 million estate. Minerd, who passed away in December 2022 at age 63 from a "probable cardiac arrest," left behind an extensive real estate portfolio, including properties in Miami and Rancho Santa Fe, CA.
Two of Minerd's close friends, Teri Chiota and Alex Figueroa, are embroiled in a legal battle over two multimillion-dollar homes they claim were promised to them by Minerd. According to Vanity Fair, these homes were offered as a reward for their constant availability to him. Chiota reportedly cared for Minerd's dog while Figueroa was his personal trainer and claimed a romantic relationship with him.
Minerd's estate is represented by Robert Fedoris, who disputes the claims of Chiota and Figueroa. Property records show that Minerd owned multiple homes in California, including two Venice Beach properties. However, it remains unclear if these are the contested addresses.
Meanwhile, several of Minerd's other properties have been sold or listed for sale. One Miami penthouse sold for $8.25 million in October 2024, while another is listed at $9.95 million. His Rancho Santa Fe mansion is back on the market after renovations worth nearly $1 million.
Listing agent Jason Barry states that the home was not purchased with intentions of flipping it for profit: "This is a perfect example that life is about change," he says.
The property boasts numerous luxurious features such as a Mediterranean-style main house with vaulted ceilings and arched windows, along with amenities like a resort-style pool and guesthouse. Fire insurance has been secured despite challenges common in California real estate markets.
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