It’s been barely a year since Maurice Marciano traded in a modern Paul McClean-designed home in the posh Beverly Hills enclave of Trousdale Estates for an updated residence sited less than a mile away. Now the retired jeans mogul—best known for cofounding the iconic Guess clothing brand with his brothers Paul. Armand and Georges back in the early 1980s—is already returning the sleek contemporary back to the market with a $4 million bump in price, asking $39.5 million.
Records show Marciano paid Westside Estate Agency broker Fred Bernstein $35.5 million in fall 2022 for the ranch-style digs, which were previously owned by film producer/software heiress Megan Ellison, the daughter of billionaire Larry Ellison. Before that, the place was occupied by Lynne Wasserman, the only child of the late Hollywood legend Lew Wasserman, and the mother to media heir and businessman Casey Wasserman.
Originally built in the mid-1950s, but recently extensively remodeled and expanded, the five-bedroom, eight-bath structure rests on a gated parcel spanning almost three-quarters of an acre, between the Beverly Hills Flats and Trousdale Estates neighborhoods, and is fronted by a five-car garage and spacious cobblestone motorcourt. A “floating” entryway leads to the glassy front door, which opens into a palatial 9,300 square feet of living space adorned throughout with hand-combed limestone, plaster walls, custom white oak millwork, skylights, rare marbles, and automated steel and glass walls providing seamless indoor-outdoor environs.
Especially standing out is a plush media room displaying cashmere walls, as well as a silk-clad dining room featuring a wine display. Other highlights include a gourmet kitchen outfitted with dual marble islands, top-tier stainless appliances and an adjoining breakfast nook, plus a gym and fireplace-equipped library sporting built-in bookshelves.
All of the bedrooms are of the en-suite variety, and include a sizable master retreat boasting a sitting area, walk-in closet, and luxe bath decked out with dual vanities, a soaking tub and glass-encased shower; and outdoors, a sprawling grassy lawn hosts a pool and spa, and several spots ideal for al fresco lounging and entertaining—one accented by a towering fireplace.
Now in his 70s, Marciano has held several senior executive roles at Guess during the past 40 years, most notably as CEO and chairman. He retired as an executive officer at the end of January 2012 and was replaced as non-executive chairman of the board in 2020 after a biking accident, and in September 2023, he stepped down as a board member shortly after the company agreed to pay roughly $30 million following a shareholder lawsuit claiming the clothing brand “turned a blind eye to sexual harassment.”
In addition to his for-sale Beverly Hills property, Marciano also has long owned a six-bedroom, seven-bath home in the Park City area of Utah that was recently listed for $6.9 million but has since been removed from the market, along with a Napa Valley winery in Saint Helena. He sold his other Trousdale Estates abode to French-born model Chantal Leduc, the ex-wife of business magnate Stephen Cloobeck, for $25.4 million in winter 2022.
The listing is held by Kurt Rappaport of Westside Estate Agency and Branden Williams of The Beverly Hills Estates.
Click here for more photos of Maurice Marciano’s Beverly Hills house.
Source: Luxury - robbreport.com