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The Once High-Flying Founder of Bird Scooters Sold His L.A. Mansion at an $11 Million Loss

Travis VanderZanden has finally flown the very fancy coop—but he may also have flown a bit too close to the sun. Records show that after three years on and off the market, the controversial and once high-flying tech entrepreneur’s residential albatross in Bel Air has finally sold to a non-famous buyer for just $10.8 million—nearly $11 million less than the $21.7 million he paid comedian Trevor Noah for the contemporary house about 3.5 years ago.

It’s probably not surprising that VanderZanden would be very motivated to unload his snazzy mansion. A former Lyft COO and Uber vice president, VanderZanden is the founder and former CEO of Bird, the once-popular and nationwide electric scooter-rental service that was valued at $2.5 billion during its 2019 heyday. By 2020, Bird had been hard hit by the Covid-19 pandemic; in December 2023, the company declared bankruptcy.

But despite the huge amount of money it cost him, it remains unclear if VanderZanden ever actually lived in the Bel Air house. He bought the hilltop mansion in August 2020, paying $21.7 million. For much of the next six months, the place was undergoing renovations. But in April 2021, VanderZanden somewhat abruptly moved to Miami and his L.A. house was back up for grabs, listed at an optimistic $25 million. By early 2023, the property’s asking price had sunk to $18.9 million.

Previously owned by Trevor Noah, the glassy house was vacant for much of VanderZanden’s 3.5 years of ownership.

Sited atop a 1-acre promontory overlooking the Bel-Air Country Club golf greens, the spec-built house was completed in 2019 and first sold for $20.5 million to Noah that same year. Inside, the two levels of sun-drenched interiors span a total of about 10,000 square feet, with six bedrooms and 7.5 bathrooms. Highlights include a stone wet bar showcasing a 500-gallon saltwater aquarium, a cigar room, a den with a marble fireplace, a movie theater and separate quarters for a live-in housekeeper or other staff member.

A stylish catering kitchen is outfitted with a pair of marble islands, plus high-end Miele appliances, custom cabinetry and climate-controlled wine storage for up to 250 bottles. Upstairs, a 2,200-square-foot master retreat flaunts a bar, sitting room, dual showroom closets and marble baths, and an 800-square-foot balcony with dazzling views of the ocean and city lights.

The family room sports walls of pocketing Fleetwood glass doors that disappear, allowing for easy access to an al fresco dining patio. Beyond, the mostly flat backyard hosts a sprawling lawn and 62-foot infinity pool with a transparent edge that seemingly hovers over the city far below. Topping it all off are a state-of-the-art Control4 home automation system, and fully automated Lutron shades for playing it cool.


Source: Luxury - robbreport.com


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