The Most Expensive House in Israel

The American billionaire Sheldon Adelson just paid $87 million for the seaside residence of America’s ambassadors to Israel. The house has an interesting history.

An aerial view of seaside homes on Galei T’khelet Street, Herzliya, 1991. The ambassador’s residence is the large white-fenced property in the center. Moshe Milner, Israel Government Press Office.

An aerial view of seaside homes on Galei T’khelet Street, Herzliya, 1991. The ambassador’s residence is the large white-fenced property in the center. Moshe Milner, Israel Government Press Office.

Observation
Sept. 30 2020
About the author

Martin Kramer teaches Middle Eastern history and served as founding president at Shalem College in Jerusalem, and is the Koret distinguished fellow at the Washington Institute for Near East Policy.


News outlets have reported that Sheldon Adelson, the American casino magnate and mega-donor to politicians, has closed a deal to purchase the seaside residence in the Israeli city of Herzliya that for decades has been the home of successive U.S. ambassadors. Evidently, in the wake of its move of the American embassy itself from Tel Aviv to Jerusalem, Washington has been keen to bolster its presence further in Israel’s capital; disposing of the residence is one means to that end. Adelson’s reported price, the largest sum ever paid for a home in Israel: $87 million.

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