Crypto CEO Brendan Blumer Buys Sardinian Estate for $172.8 Million
Brendan Blumer, the American founder of cryptocurrency firm Block.one, has purchased one of Italy’s most expensive coastal estates for a staggering $172.8 million.
Located in Romazzino on the northern edge of Sardinia’s famed Costa Smeralda, the estate was once owned by both Henry Ford II and Saudi oil minister Sheikh Ahmed Zaki Yamani.
Designed in the 1970s by noted architect Luigi Vietti, the 5.7-acre Mediterranean estate wraps around Romazzino Bay with over 1,000 feet of pristine water views and access to two private beaches.
Property Highlights
Price: $172.8 million
Size: 27,000 square feet, 5.7 acres
Bedrooms: 28
Bathrooms: 35
Notable Features: Two private beaches, two piers, three pools, extensive terraces and shaded decks, red-tiled roof, and terracotta flooring
A Look at The Classic Mediterranean Architecture
As you walk around the villas in Brendan Blumer’s Sardinian estate, the exterior showcases whitewashed stucco walls paired with rustic red terracotta roof tiles, hallmarks of traditional Mediterranean architecture.
Rounded edges, exposed stonework, and wrought iron window grilles add character to the structures while reinforcing the home’s blend of simplicity and craftsmanship.
The villa’s flowing forms and curved entrances embody Sardinia’s coastal design aesthetic, creating a space that blends effortlessly with the surrounding landscape.
Coastal Living Spaces
This property is made up of three Mediterranean-style villas, each offering distinct living spaces with crisp whitewashed walls, terracotta tile floors, and arched thresholds that open up to expansive views and airy interiors.
One villa offers an open-concept sitting area with white sofas and pale blue accent pillows, set beneath rustic wood-beam ceilings. Arched doorways lead to a dining space tucked just a few steps above, creating a sense of flow and elevation.
Another common area offers a cozy mix of casual and refined, with four white ottoman-style tables gathered around facing sofas on top of a tiled flooring that looks out to nature through large glass openings.
In another living space, a sculptural driftwood coffee table topped with glass sits before wall-to-wall windows framing the sapphire ocean just beyond the patio, turning the room into a front-row seat to the sea.
The smallest of the living rooms maintains the Mediterranean spirit with textured walls, white seating, and pineapple lamps, while artwork and windows keep the room light and grounded in nature.
Altogether, these living spaces blend the charm of coastal design with upscale comfort, offering a variety of indoor areas for entertaining, relaxing, or simply soaking in the views.
Dining Rooms With a View
Two of the dining areas within the estate reflect the laid-back elegance of Mediterranean coastal living, while offering unique spots to enjoy meals.
One dining room features a large glass table paired with sculptural wrought iron chairs topped with white cushions. Surrounded by arched doorways and oversized sliding windows, the room opens up to the outdoor courtyards, as natural light floods the space through cream-colored drapes.
The second dining space has a more rustic tropical design, with high-back woven rattan chairs arranged around a similarly expansive glass table.
Located just off a sunken living area, this room draws visual warmth from its terracotta-toned herringbone floors and latticed window overlooking lush garden foliage.
Professional-Grade Kitchen
The estate’s professional-grade kitchen is filled with gleaming stainless steel and is equipped with three induction cooktops, industrial-grade ventilation systems, multiple prep sinks, fryers, and wall-mounted ovens.
The countertops are made of polished granite, and the space includes built-in storage for high-volume service, along with modern appliances such as steam ovens, warming drawers, and a commercial refrigerator.
Luxury Suites
The suites in each villa blend indoor comfort with breathtaking coastal views, delivering a luxurious experience that feels elevated while still grounded by the sea.
The Green Suite
This airy suite opens directly onto a private patio, offering uninterrupted views of the expertly maintained lawn and the sparkling Mediterranean just beyond.
Inside, a clean white palette is warmed by soft wood paneling and light terracotta flooring, while coastal-themed throw pillows and simple framed artwork subtly echo the natural beauty just outside.
The en-suite bathroom continues the warm, natural palette with custom wood cabinetry, a limestone double vanity, and built-in alcove shelving for clean display. The centerpiece is a deep, corner jetted tub framed in wood, ideal for long soaks with views through two curtained windows.
The Hideaway Suite
Located in a more secluded part of the estate, this suite features charming arched architecture and diamond-paned windows that frame views of lush greenery and glimpses of the sea.
Just off the room is a spa-style bathroom with a walk-in glass shower and minimalist finishes in light stone and natural wood.
The Rooftop Suite
This intimate suite is the definition of coastal luxury with smooth white walls, natural wood accents, and serene views of the Mediterranean from its private patio just outside its open doors.
Rooftop Lounge
At the top of one of the villas is a shaded rooftop lounge tucked beneath a pergola of natural wood and reed.
The built-in seating area is topped with neutral-toned cushions and pillows, offering a peaceful vantage point for taking in the sea breeze while surrounded by lush greenery and framed by wrought iron railings.
A Trio of Pools
There are three resort-style pools spread across Brendan Blumer’s Sardinian estate, each designed to complement its Mediterranean elegance while offering unique experiences for relaxing and entertaining.
Ocean-Front Pool
This beach-style entry pool sits at the edge of the estate and is surrounded by a large lawn, a grove of low-sweeping trees, and two timber-framed gazebos wrapped in flowering vines.
One gazebo houses a hand-painted ceramic dining table that looks out towards the water, ideal for poolside meals shaded from the midday sun.
The other offers a built-in curved lounge upholstered in taupe cushions and scattered with blue and white pillows, positioned for both comfort and conversation.
Courtyard Pool
Another pool sits in a more intimate courtyard, just beyond a red-tiled patio. Here, white chaises and beds line the smooth-edged, gently curved water.
Connected to the villa’s rear wing, framed by blooming bougainvillea and elegant arched porticos, is a relaxed outdoor lounge, where wicker furniture and a glass-topped coffee table set the scene for afternoon tea.
The Lap Pool
The third and smallest pool occupies a more secluded space in the middle of the estate, offering unobstructed views of the turquoise sea. Just beside it, a carved stone shower is integrated into the natural rock landscape, with water cascading from a mounted spout like a waterfall.
Private Dock
At the far end of the estate, a private dock stretches gracefully over the crystalline waters of the Mediterranean, framed by rugged rock formations and native greenery.
Constructed from timber and anchored with iron posts, the dock offers both functionality and charm, serving as a landing point for small boats or a peaceful perch to take in the sunset.
Final Thoughts
Brendan Blumer’s $172.8 million purchase of this breathtaking Sardinian estate is a rare public move from a figure who’s otherwise kept a low profile in recent years.
After skyrocketing to fame in the mid-2010s with the record-breaking launch of Block.one’s Initial Coin Offering, Blumer has largely stayed out of the spotlight, aside from his company’s recent legal settlement finalized in early 2025.
Now, with one of the most expensive real estate deals in European history, he’s made a bold return to headlines. The estate, with its sweeping coastal views and unparalleled privacy, seems like a fitting investment for someone who’s always preferred to operate just out of sight.
