Racing Legend Michael Andretti Lists $12 Million Waterfront Indiana Estate After Paying $27 Million For Waterfront Florida Estate

Few families in motorsports are as synonymous with winning as the Andrettis. Michael Andretti, the former IndyCar champion, team owner, and son of legendary driver Mario Andretti, has spent decades building one of racing's most successful dynasties both on and off the track. Now, as he transitions further into retirement, Andretti and his wife, model and former Playboy Playmate Jodi Ann Andretti (née Paterson), have decided to trade Midwestern comfort for Florida luxury.

Michael just listed his Indiana lakefront mansion for $12 million. The listing comes just a few weeks after he paid $27 million for a sprawling 17,000-square-foot waterfront estate in Fort Lauderdale.

Indiana Estate Asking $12 Million

Andretti's Indiana residence sits on more than five acres overlooking the Geist Reservoir and features over 21,000 square feet of living space. The chateau-style estate was originally built in the 1990s but extensively rebuilt and expanded after the couple bought it for nearly $2.2 million in 2016. Working with the Palladium Group, they transformed the property into a modern showpiece, adding custom stonework, arched windows, and expansive outdoor living areas.

Inside, the three-story home includes nine bedrooms and twelve bathrooms, anchored by a vaulted living room with a fireplace and panoramic lake views. The gourmet kitchen features a 14-foot island, an Italian Ilve range, and a separate caterer's kitchen, while a retractable wall of glass opens to a covered veranda with automated screens. Amenities include a movie theater, a 700-bottle wine cellar, a 15-seat bar, a fitness center, and a children's play cottage. The property also includes a detached carriage house with two 900-square-foot guest apartments and three climatized garages totaling 5,500 square feet with room for more than a dozen cars.

Outside, the grounds are designed for resort-style living with a 50-foot pool, spa, waterfalls, fire features, a waterslide, and a three-slip boat dock. Architectural plans for an additional 4,400-square-foot sports facility are also available. Here's a video tour:

The $27 Million Fort Lauderdale Mansion

In August 2025, Andretti and his wife upgraded to a new level of luxury when they purchased a 17,033-square-foot mansion in Fort Lauderdale for $27.375 million. Built in 2004 and located on 1.09 acres along the Intracoastal Waterway, the nine-bedroom estate was sold to the couple by Patrick K. Willis, the Nevada businessman behind American Recovery Services.

The home, which more than doubled in value since its previous sale for $12.5 million in 2021, offers nearly every imaginable amenity: a putting green, full bar, media room, gym, elevator, basketball hoop, conference room, and a resort-style pool with cabana terraces and dock access. The property's price, at roughly $1,600 per square foot, ranks among the top luxury sales in Fort Lauderdale this year. Here's a video tour:

Racing Legacy

Michael Andretti carved out one of the most successful careers in American open-wheel racing, amassing 42 wins and securing the 1991 CART championship before briefly competing in Formula One. After retiring as a driver, he founded Andretti Autosport, which has since won five Indianapolis 500s and four IndyCar Series championships. His father, Mario Andretti, remains one of the sport's all-time greats, while his son, Marco, continues the family tradition as an IndyCar driver.

Though the family's Indiana compound may soon have a new owner, the Andrettis' next chapter appears set against the sun-drenched backdrop of South Florida — a fitting home base for one of racing's most enduring names.