Reclusive Billionaire In-N-Out Heiress Lynsi Snyder Sells $16.3M California Estate — See Inside
The house that burgers built officially has a new owner!
Lynsi Snyder, 39 — who became the majority owner of beloved fast-food chain In-N-Out Burger at age 35 — has sold her massive, Bradbury, Calif. estate for a cool $16,250,000, PEOPLE can confirm. The listing was held by Joe Chiovare and Ronald Chang of Coldwell Banker Realty.
PEOPLE reported that Snyder put the home on the market for $16,800,000 in March 2021. She reportedly purchased the property for $17,210,000 million in 2012, according to the Los Angeles Times, meaning she took a $960,000 loss on the recent sale.
In 2017, Forbes estimated Snyder's net worth to be $1.3 billion.
The sprawling compound, located about 30-minutes northeast of Downtown Los Angeles, features a main residence, pool cabana, guest house and recreation center, all spread out across the 4.23-acre property.
The lavish grounds also include a six-car garage, an infinity pool, multiple dining areas, an outdoor kitchen, a private golf course (sand traps and putting green included), a small vineyard with fruit trees and regulation basketball and tennis courts.
"In the exclusive 24-hour guard-gated community of Bradbury Estates, this exquisite Mediterranean-inspired estate embodies lavish entertainment and luxurious living with its palatial layout and seamless indoor-outdoor design," Chiovare said of the listing in a press release in March.
"From the resort-inspired backyard to the panoramic views and architectural perfection at every turn, this extraordinary home is a shining example of opulence done so well it will delight all your senses," he continued.
Upon entering the opulent 11-bedroom, 14-bathroom main residence, visitors are met with a grand portico. Further inside, there's a chef's kitchen featuring double islands, a temperature-controlled wine cellar and tasting room, a movie theater, a game room with a wet bar and a fitness center.
The main suite comes complete with an ensuite bathroom, a sitting room with a fireplace, two walk-in closets, an office and a private hair salon.
Guests also have their own luxurious space when visiting: the detached guesthouse has three bedrooms, two bathrooms and a two-car garage.
The 3,400-square-foot recreation center — which has indoor turf in areas — is designed to act as a ballroom, dance studio or batting cage, depending on the occasion.
Snyder, who has mostly stayed out of the spotlight throughout her career, first took over as the president of In-N-Out in 2010. The company was founded in 1948 by her grandparents, Harry and Esther Snyder, and was once run by her uncle, Richard, and father, Guy.
She has said she tries to stay out of the public eye to keep focus on the burger brand, but also maintains her privacy because of safety reasons.
The businesswoman told Orange Coast magazine she was nearly abducted once when she was 17 and a second time when she was 24 by kidnappers in a "van with boarded-up windows." Though the experiences have kept her from sharing much about her own family, she hasn't let it ruin her spirit. "It all helped mold me into who I am now," she said.
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After her father died of an overdose in 1999, Snyder says her world was "shattered" and she found comfort in men. "There was no way I was gonna be alone," she said in January 2017 for a testimonial on the Christian media platform I Am Second. "He was gone, so I had an even greater reason to fill the void."
Snyder has been married four times and has four children.
At age 18, Snyder married her high school sweetheart, Jeremiah Seawell. After two years together, they divorced. She had two children with her second husband, Richard Martinez, but they also divorced after six years. Snyder recalls her third marriage to Val Torres, Jr. as one riddled with cheating and abuse. She went on to divorce for the third time in 2014 and later met her current husband, Sean Ellingson, a former In-N-Out employee.
After her first marriage ended, she struggled with addiction. "I started smoking pot, drinking — which were things I really had wanted to stay away from after watching my dad," she told I Am Second. "I realized that I'm gonna follow in the footsteps of my father and that I'm going to meet an early death if I do not get right with God and follow him."
Snyder credits her Christian faith for saving her life and now runs a faith-based foundation called "Army of Love" with Ellingson.