Alon Abady was busy wheeling and dealing in 2023. Not only did the Los Angeles-based real estate investor buy and then flip Simon Cowell’s former Beverly Hills mansion for nearly $34 million—in what was one of the priciest deals ever closed south of Sunset Boulevard—but he also sold an extravagant Coachella Valley estate in The Madison Club to Justin Bieber and his wife Hailey for well over double what he paid for the place in 2019.
Now, in his latest off-market transaction, the managing partner of the commercial and residential reaal estate investment firm Waterfall Bridge Capital has picked up yet another Beverly Hills home. Records show Abady paid $17 million in March for the Laurel Way residence, which was previously owned by prominent conservationists Dan and Susan Gottlieb, of Gottlieb Native Garden fame, then immediately hoisted the contemporary spread onto the rental market with a steep $125,000-per-month price tag.
The Gottliebs paid $18 million for the for the contemporary Paul McClean-designed mansion back in late 2019, right around the time it was completed and outfitted with interiors by Plus Design Studio. Boasting a striking glass and stone exterior, the multi-level structure has five bedrooms and nine baths in a little more than 11,200 square feet of travertine- and wood-clad living space, all accessible via an eye-catching bridge entryway overlooking an inviting lounge area flanked by a living wall and water feature enhanced with a fanciful tree sculpture.
A tree sculpture nestled amid the lower-level water feature serves as a focal point for surrounding living and wellness spaces.
Ryan Lahiff
Other highlights include glitzy amenities, such as a wet bar-equipped game room, tiered movie theater, fitness studio sporting a sauna and six-car garage. A formal living room displays an eye-catching linear fireplace, custom seated bar and walls of glass spilling outside, while a family room and dining area connect to a gourmet kitchen outfitted with dual islands and high-end appliances.
There’s also a glass-lined master retreat offering a fireside sitting area, private balcony overlooking city and ocean vistas, walk-in closet, and luxe bath spotlighted by an oval soaking tub and large glass-encased shower; and outdoors, the landscaped grounds span a half-acre, and host an infinity-edge pool with a spa and sunken fire-pit, along with numerous spots ideal for al fresco lounging and entertaining.
The listing was held by Ernie Carswell of Douglas Elliman and Lea Porter of The Beverly Hills Estates. Branden Williams and Rayni Williams of Beverly Hills Estates repped the buyer, with Rayni Williams now serving as the rental listing agent.
Click here for more photos of the Laurel Way House.
Ryan Lahiff
Source: Luxury - robbreport.com
