Former F45 chief executive Adam Gilchrist has put his $14 million Freshwater house up for auction less than a week after the US share price for the gym franchise plummeted on Wall Street
Plans to demolish the house to make way for a swimming pool were never lodged..
F45 founder Adam Gilchrist and major shareholder Mark Wahlberg on the floor of the New York Stock Exchange for the company’s IPO in July 2021.In late 2017 Gilchrist’s wife Eli Gilchrist bought a Californian bungalow at Freshwater overlooking the beach for $5.4 million, sight unseen, paying $1.3 million over the reserve.
Adam Gilchrist purchased the Californian bungalow in 2017 and the three-level residence for $14 million in 2019.The Californian bungalow is not expected to be listed, but the $14 million record-setting residence has been quietly offered to buyers for more than a year. It carries a Macquarie Bank mortgage.
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