Tycoon Mike Meldman designs luxury “frat houses for families”

Mike Meldman, George Clooney, & Rande Gerber
Mike Meldman, George Clooney and Rande Gerber

Here’s the thing about developer Mike Meldman. He likes two things: real estate and partying and is adept at both.

The former boyfriend of a “Real Housewife on Beverly Hills” and property tycoon founded Discovery Land Co. and now has 18 residential resorts in exclusive vacation destinations, which report sales this year exceeding $1 billion.

He likens them to “frat houses for families.”

The world’s oldest living frat brah, at 57, has six compounds of his own, five of which are located on his developments. They are spread across Los Angeles, Idaho, Montana, Arizona, the Bahamas and Los Cabos, Mexico — and naturally many boast custom-made tables for beer pong.


“I am one of the best beer-pong players in the world,” Mr. Meldman recently told the Wall Street Journal.

The Wall Street Journal highlighted the party boy’s own multi-million dollar homes and some of their more over-the-top features including: pretty much everything at his his $5 million Los Cabos home; a $6,000 custom-beer pong table; a roof inspired by the Cala di Volpe hotel in Italy; a grotto to rival the Playboy Mansion’s;  and personalized golf carts

In addition to these marvels, Meldman is also “building two new homes: a condo in the old Makena Hotel that is part of a new Discovery project on Maui; and a new, “barnlike,” multilevel farmhouse with a gym, theater, bowling alley and organic garden, at a Discovery development in the works called Silo Ridge Field Club in New York’s Hudson Valley.”

As his son Hunter jokes, Mr. Meldman is “a very civilized frat boy now.”