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Matt Damon Just Snagged an $8 Million L.A. Condo

Last fall, powerful Comcast CEO Brian Roberts shelled out nearly $9 million for a fifth-floor unit at 8899 Beverly, one of L.A.’s newest and most luxurious condo buildings. Now an arguably even bigger name has followed suit—records indicate an $8.6 million, fourth-floor unit at the same building was recently acquired by actor Matt Damon.

The condo in question is a notably lavish pied-a-terre ideal for an out-of-state resident who occasionally works in Tinseltown, offering two bedrooms and two bathrooms in just under 2,900 square feet of living space. Brand new and first offered last summer at nearly $9 million, the residence offers walls of glass and north-facing views of the Hollywood Hills from nearly every year.

Chief among the unit’s amenities is a 1,600-square-foot private outdoor terrace, which the listing notes is one of “the grandest and most expansive outdoor spaces available in the building.” Other bespoke touches include a handcrafted leather door handle leading to the gourmet kitchen, which offers top-of-the-line Sub-Zero, Miele and Gagganeau appliances. The primary bedroom suite, flaunting unobstructed views of the entirety of the Hollywood Hills, also includes dual walk-in closets and a lavish bathroom.

Damon’s new residence is one of 40 ultra-luxe condos at the 8899 Beverly development.

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Designed by prestigious architecture firm Olson Kundig, 8899 Beverly is the tallest residential building in West Hollywood, per marketing materials, and sits in a high-density area just blocks from Beverly Hills and a short walk to Cedars-Sinai Medical Center. Prices for the building’s 40 condo residences start at about $5 million and can essentially touch the sky from there—Robb Report has heard unconfirmed reports that a penthouse at the building may currently be in escrow for north of $20 million with a San Francisco-based tycoon, but that deal has yet to close.

The 8899 Beverly development also houses 15 affordable housing units on its first floor, where rental fees are capped by market rates, so potentially even non-millionaires can share the premises with rich and famous residents that include Damon and Roberts.

As for HOA dues, Damon will shell out nearly $5,000 per month for the privilege of living at his luxe new building, where amenities include a 24-hour concierge, fitness center and yoga studio, private auto stable for two vehicles. Outside, an expansive open-air space hosts a pool and spa, fireplaces and a covered dining area. The brand-new, onsite Italian restaurant Stella West Hollywood is also located on the premises.

Damon and his wife previously owned a tropically-themed mansion in Pacific Palisades that they bought in 2012 for $15 million and sold for $18 million in 2021 to its current owners, former Warner Bros CEO Ann Sarnoff and her husband, private equity guru Richard Sarnoff. For the last several years, the Damon family has primarily resided in New York, where they split their time between a $16 million townhouse in N.Y.C.’s trendy Brooklyn Heights neighborhood and an $8 million getaway estate in the upstate neighborhood of Bedford Hills.


Source: Luxury - robbreport.com


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