Roughly a year after it first appeared on the market carrying a $30 million price tag, one of Beverly Hills‘ most visible residential tributes to Old-World decadence has sold for a still-hefty $24.6 million. The buyers are reportedly a family hailing from Mainland China.
Located in the prime Beverly Hills Flats neighborhood and built new in 2016, the almost shockingly extravagant house last sold in September 2018 for $27 million to the Barzani family, a wealthy clan that has been the de facto ruler of Iraq’s Kurdistan region for generations. Spanning nearly 21,000 square feet of living space, he giant house sits behind gates on an unusually deep 0.72-acre lot, the property itself set mid-block on one of the most coveted streets in the Flats.
Although the mansion was long connected to the Barzanis, It’s still not entirely clear which family member actually owned it. But by far the most obvious candidate is Mansour Barzani, the globetrotting son of Masoud Barzani, who was president of Kurdistan from 2005-2017. Mansour is also the brother of Masrour Barzani, Kurdistan’s current prime minister.
The property took nearly 19 years to plan and complete, custom-built to exacting detail for a businessman who died soon after it was finished.
Google Earth
In any case, the 90210 manor is indeed a veritable monument to neoclassical opulence. Beyond the elaborate moldings and Louis XV-inspired furniture, there are two family rooms, a kitchen with top-of-the-line Wolf and Sub-Zero appliances, a commercial-grade elevator, gym, a wood-paneled library and multiple imported fireplaces, per the listing. All of the bedrooms feature ensuite full bathrooms, and the property is outfitted with the most advanced security, lighting and sound systems on the market.
There’s also a two-lane bowling alley, an indoor basketball court, a beauty salon and a primary bedroom suite with its own outdoor jacuzzi on a private terrace. The movie theater flaunts a fiberoptic starry sky, akin to a new Rolls Royce, and at the far rear of the lot lies a detached guesthouse.
Although this deal represents a $2.4 million loss for them, even before maintenance and closing costs are considered, the Barzanis likely aren’t hurting for money. According to investigative journalist Zack Kopplin, the family is worth billions today. Some critics have claimed that much of this wealth stems from the Barzanis’ virtual monopoly on the Kurdistan region’s telecom, real estate and vast oil resources.
Source: Luxury - robbreport.com
