Phil Knight, the co-founder of Nike, is renowned for his business success and influential role in the sports world. His real estate investments are equally impressive, with two main homes standing out. The first Phil Knight House is primary residence in Hillsboro, Oregon, which spans 6,826 square feet and was purchased for $2.1 million in 2012.
The second is a luxurious La Quinta, California home, located in the prestigious Madison Club, featuring 5 bedrooms and 5 bathrooms with a price tag of $4.2 million in 2022. Both properties reflect his refined taste, incorporating modern design, privacy, and elegant amenities. These homes, showcasing his commitment to luxury and comfort, offer unique features that complement his successful lifestyle.
Phil Knight House Overview
Property | Location | Size | Price | Year Built | Unique Features |
Hillsboro, Oregon House | SW Cloudrest Ln, Hillsboro, Oregon | 6,826 sq ft | $2.1 million (2012) | 1973 | Gourmet kitchen, living room, family room, private study, mini theater, wine cellar, fitness center, spa room, infinity pool, eco-friendly features, gated community, solar panels, rainwater collection system |
La Quinta, California House | Madison Club, La Quinta, California | 5 bedrooms, 5 bathrooms | $4.2 million (2022) | $2,012 | Large great room, guest suite, outdoor fireplace, pool, bar and balcony, luxurious outdoor spaces, desert landscape, security features in a gated community |
Phil Knight’s Hillsboro, Oregon House
- Size: 6,826 square feet
- Price: Purchased for $2.1 million in 2012
- Year Built: 1973
- Address: SW Cloudrest Ln, Hillsboro, Oregon 97123, United States
Phil Knight’s primary residence is located in Hillsboro, Oregon, a city located just to the west of Portland. This stunning home showcases Knight’s success and commitment to craftsmanship, blending modern design with respect for Oregon’s history. Let’s take a closer look at this magnificent property.
This house was originally built in 1973 but was purchased by Phil Knight in 2012. It sits on a beautiful piece of land in Hillsboro, Oregon, surrounded by nature, which adds to its serene and luxurious appeal. The property combines modern style with respect for the area’s natural beauty and history.
Features and Layout
- The home is spacious, covering 6,826 square feet. It features:
- The house features 4 bedrooms and 5 bathrooms, offering ample space for comfort and privacy.
- It boasts a gourmet kitchen, ideal for preparing meals, alongside a spacious living room perfect for relaxation.
- The dining room creates an elegant setting for meals, while the family room provides a cozy spot for gatherings.
- A private study room offers a quiet space for work or reading, while the mini theater allows for an immersive movie-watching experience.
- The house includes a wine cellar for wine storage and a fitness center equipped for exercise and wellness.
- For ultimate relaxation, there’s a luxurious spa room to unwind in comfort.
This variety of rooms makes the house ideal for both everyday living and entertaining. The gourmet kitchen is designed for those who love to cook, featuring high-end appliances and ample space. The living room has a welcoming feel with big windows that let in plenty of natural light, offering views of the surrounding landscape. The family room is perfect for casual gatherings, while the mini theater provides an immersive entertainment experience.
Architectural Design
The house is an exceptional blend of modern and traditional architecture. It uses natural materials like wood and stone, creating a warm and inviting atmosphere. The design incorporates clean lines, large windows, and curved shapes, giving it an open, yet cozy feel. High ceilings throughout the house add to the sense of spaciousness.
The home also features advanced technology, making it a functional and efficient space. The clever combination of design elements makes the house a standout in architectural circles.
Outdoor Area
The outdoor area of the Hillsboro home is just as impressive. The property is well-maintained, with beautiful gardens and mature trees. The centerpiece of the outdoor space is the infinity pool, offering views of the surrounding landscape. The pool area is complemented by an outdoor kitchen, seating areas, and a guest house.
The guest house offers extra space for visitors, ensuring they have a comfortable stay. The entire outdoor area is designed for relaxation and enjoyment, whether it’s by the pool or around the seating area, making it perfect for family gatherings or entertaining guests.
Eco-Friendly Features
Phil Knight’s commitment to sustainability is evident in the eco-friendly features of his Hillsboro home. The house is equipped with solar panels, which provide energy to the property, reducing its carbon footprint. Additionally, the house has a rainwater collection system, allowing for water conservation by storing rainwater for irrigation and other non-potable uses.
The house also includes energy-efficient HVAC systems, double-glazed windows, and advanced insulation to minimize energy consumption. All of these features contribute to making the home more environmentally friendly, aligning with Phil Knight’s vision for sustainability.
Security Features
Security is a top priority in Knight’s Hillsboro home. The property is located within a gated community, offering 24/7 security personnel and restricted access. The house is equipped with high-definition cameras and motion sensors to monitor the property and detect any potential breaches.
Moreover, the house has smart locks and an advanced alarm system that alerts authorities in case of emergency. There’s even a safe room, ensuring the safety and privacy of the family in any situation.
Phil Knight’s La Quinta, California Home
- Size: 5 Bedrooms, 5 Bathrooms
- Price: Purchased for $4.2 million in 2022
- Lot Size: 0.62 acres
- Built in: 2012
- Address: Madison Club, La Quinta, California
In addition to his primary residence in Oregon, Phil Knight also owns a second luxurious property in La Quinta, California, a city known for its prestigious golf clubs and desert landscapes. This home, located in the exclusive Madison Club, is a reflection of Knight’s refined taste and love for elegance.
Knight and his wife, Penelope, purchased this custom-built home in 2022. The property sits on a relatively modest 0.62-acre lot compared to the Hillsboro home, but it’s packed with luxury and unique features.
Features and Layout
The La Quinta home features:
- The property features 5 bedrooms and 5 bathrooms, ensuring plenty of space for family and guests.
- A spacious large great room serves as the heart of the home, while the guest suite offers privacy and comfort for visitors.
- The outdoor fireplace provides a cozy ambiance, and the pool offers a refreshing escape on warm days.
- Upstairs, the bar and balcony add a touch of elegance, perfect for entertaining or enjoying the views.
The great room of the house is vast, with high ceilings and iron chandeliers hanging down. The space is decorated in neutral colors, with dark wood and black iron accents. The guest suite is especially luxurious, featuring a bar and a private balcony that overlooks the property’s outdoor fireplace.
The outdoor area includes a pool and multiple covered spaces where guests can relax and enjoy the stunning desert landscape. The design of the property combines modern luxury with a touch of rustic charm, making it perfect for those who appreciate sophisticated living.
Architectural Design
The exterior of the home is designed with white stucco and a red Spanish roof, which creates a striking contrast with the surrounding desert environment. Arches feature prominently, adding a classic touch to the modern structure. The house was built with great attention to detail, combining functionality with beauty.
Inside, the large great room features high ceilings, giving it an expansive feel. The overall interior design is based on neutral tones, with plenty of space for relaxation and socializing. The design is minimal yet elegant, showcasing the home’s exclusivity.
Security Features
Similar to his Oregon property, security is important at Phil Knight’s La Quinta home. The property is located within the Madison Club, a gated community that offers privacy and security. The house is equipped with advanced systems to ensure the safety of its residents.
Location and Lifestyle
The Madison Club is one of the most prestigious golf communities in La Quinta, known for its luxurious homes and scenic views. The location offers easy access to world-class golf courses and fine dining, making it a desirable spot for individuals who appreciate the finer things in life.
Comparing Phil Knight’s Two Homes
While both homes are luxurious, they offer different living experiences.
- Hillsboro, Oregon House: This property is larger in size, covering 6,826 square feet. It combines modern style with traditional elements and emphasizes eco-friendly features and privacy. It offers a more tranquil environment, surrounded by nature, and is perfect for family living and hosting gatherings.
- La Quinta, California Home: This property is more compact, with 5 bedrooms and 5 bathrooms, but it focuses on luxury and modern design. Located in the Madison Club, it is more about enjoying the desert landscape and being part of a prestigious community.
How Much is Phil Knight Net Worth?
Phil Knight’s Net Worth is $43 billion. This wealth comes primarily from his role as the founder and largest individual shareholder of Nike Inc.. Knight’s fortune is largely tied to his stake in Nike, with he and his family holding around 300 million shares in total.
A large portion of these shares is managed through a family trust known as Swoosh, which controls the majority of their holdings. On top of this, Knight still personally owns 32 million shares of Nike, while his son Travis Knight owns 41 million shares directly, further strengthening the family’s stake in the company.
Phil Knight Early Life and Personal Life Overview
Early Life and Family Background
Phil Hampson Knight was born on February 24, 1938, in Portland, Oregon. His father, Bill Knight, was a lawyer who later became a newspaper publisher. His mother, Lota Cloy Knight, was of the Hatfield family. Phil grew up in the Eastmoreland neighborhood of Portland and went to Cleveland High School.
Work Experience in Youth
As a teenager, Knight faced a challenge when his father refused to give him a job at his newspaper, the Oregon Journal. His father believed Phil should find work on his own. As a result, Phil took a job at the rival Oregonian, working the morning shift where he tabulated sports scores. Every day, he ran seven miles back home after work.
Education at the University of Oregon
Knight went on to study at the University of Oregon in Eugene. During his time there, he joined the famous Oregon track and field team and worked as a sports reporter for the Oregon Daily Emerald. He was also part of the Phi Gamma Delta fraternity. Knight earned his business degree (B.B.A.) in just three years, completing it in 1959.
Military Service and Marriage
In the same year he graduated, Knight received a commission in the Army Reserve and was recognized as a “Distinguished Military Graduate.” He met his wife, Penelope “Penny” Parks, while working at Portland State University. Penny was a student at the time. The couple married on September 13, 1968. They now own a home in La Quinta, California.
Family Tragedy and Legacy
Phil Knight’s son, Matthew, tragically passed away in a scuba diving accident in El Salvador in 2004. Another son, Travis Knight, runs Laika, an animation studio. Phil Knight is also involved as the chairman of Laika.
Residence and Personal Interests
Phil Knight has listed Nike’s headquarters in Beaverton, Oregon, as his home address on government records. He lives in a rural area near Hillsboro, Oregon, and owns a personal flight hangar at the Hillsboro Airport. Additionally, Knight owns two private jets.
Movie Adaptation of Nike’s Story
A film called Air, produced by Ben Affleck and Matt Damon, was made about Nike’s partnership with Michael Jordan and the creation of the Air Jordan brand. In the movie, Ben Affleck portrays Phil Knight.
Phil Knight: Social Media Presence
Unlike many business leaders, he does not actively engage on platforms like Twitter or Instagram, preferring to maintain his privacy. Below is a summary of his limited social media activity.
Platforms | Followers/Subscribers | Links |
2.5K | Visit Here |
Conclusion
Phil Knight’s homes in Hillsboro, Oregon, and La Quinta, California, reflect his success in both business and life. His Hillsboro house is a remarkable blend of modern design, eco-friendly features, and privacy, making it a perfect retreat for the Nike co-founder. Meanwhile, his La Quinta home offers a luxurious lifestyle in a prestigious golf community, emphasizing modern elegance and relaxation.
Both homes showcase Knight’s refined taste and commitment to quality, but each offers a different kind of living experience. Whether surrounded by the greenery of Oregon or the desert landscape of California, Phil Knight’s homes are a testament to his remarkable career and the lifestyle that comes with it.
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FAQs:
Q. Where is Phil Knight’s primary residence?
His primary home is in Hillsboro, Oregon, spanning 6,826 square feet.
Q. What features does Phil Knight’s La Quinta home have?
His La Quinta home includes 5 bedrooms, 5 bathrooms, a pool, and an outdoor fireplace.
Q. How much did Phil Knight pay for his Hillsboro house?
He purchased his Hillsboro property for $2.1 million in 2012.
Q. When was Phil Knight’s La Quinta house built?
The La Quinta house was built in 2012.
Q. What makes Phil Knight’s homes unique?
Both homes blend modern design, privacy, and eco-friendly features while reflecting his refined lifestyle.