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Apple CEO Tim Cook buys Southern California mansion for $10.1M

Credit: Redfin

Apple CEO Tim Cook has purchased a 9,956-square-foot home in an exclusive residential community in La Quinta, California for $10.1 million.

The deal actually closed in 2018, but confirmation that Cook was the rumored Silicon Valley buyer of the home was only recently confirmed, according to Dirt.

Cook's five-bedroom mansion is located in the Madison Club, an exclusive Southern California rental community known for its high-profile, celebrity residents. The Madison Club is located in Riverside County in Southern California.

Public records indicate that Cook may have paid $9.1 for the million, while Multiple Listing Network data suggests he paid $10.1 million. Both numbers come under the property's listing price of $11.5 million.

Developed by the Discovery Land Company, the Madison Club is known for expensive desert homes and a golf course designed by Tom Fazio. Other Madison Club homeowners include Kourtney Kardashian, Cindy Crawford, Kris Jenner, Nike founder Phil Knight, and Lori Loughlin and Mossimo Giannulli.

Cook's new estate spans about 10,000 square feet. It features five bedrooms and six bathrooms, and is situated on a 0.81-acre lot.

The Apple chief executive has spent time at the Madison Club in the past. Back in March 2020, Cook and Apple Services chief Eddy Cue attended a birthday party for Lucian Grainge, Universal Music CEO and Madison Club homeowner. Grainge later tested positive for coronavirus, exposing Cook and Cue.