Looking to join the emerging group of wealthy individuals who are foregoing the hassle of home ownership in favor of leasing? This place just might fit the bill!
After two years on the housing market and a couple of substantial price chops, Jeffrey “Jeff” Feinberg has decided to hoist the extravagant Brentwood mansion he won in a bidding war a little over three years ago up for rent, asking a pricey $250,000 per month. The listing is held by Dan Malka of Engel & Völkers.
The hedge fund executive paid $44 million—a million bucks above the property’s initial $43 million asking price—for the then-brand-new place back in June 2021, before he flipped it back up for sale a short year later with a $4 million jump in price. He subsequently relisted the property at the end of 2022 for a speck under $43 million and then reduced the ask to $38 million at the beginning of 2023, but there were still no takers.
An outdoor basketball court pays homage to the late NBA legend Kobe Bryant.
Yann Ippolito
Nestled amid a secluded cul-de-sac, on over an acre of land overlooking the Getty Museum, the modern structure known as The Oasis was built on spec by veteran developer Ramtin Ray Nosrati and features seven bedrooms and 11 baths sprawled across almost 17,000 square feet of three-story living space. Glitzy amenities range from a TV wall, a car gallery, and a sports simulator room to a 3-hole putting green and a Kobe Bryant-themed basketball court.
Main-level highlights include a soaring great room showcased by a striking floating staircase that’s topped by a custom icicle chandelier and flanked by a living moss wall that descends to a succulent garden on the lower level. A linear fireplace encased in a floor-to-ceiling stone wall serves as a focal point of the living room, and there’s also a full wet bar with a wine station, a dining room boasting a 1,000-gallon aquarium, and a gourmet kitchen outfitted with a separate catering kitchen and a walk-in freezer.
A towering great room is spotlighted by a striking floating staircase, a custom icicle chandelier, and a living moss wall.
Yann Ippolito
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A sumptuous upstairs primary retreat rests beneath a wood-paneled coved ceiling and comes complete with a linear fireplace, a seating area, a private balcony donning a firepit, and dual closets and baths. And the lower level has a 250-bottle wine cellar (climate-controlled, of course), as well as a 12-seat movie theater jazzed up with a starlit ceiling, sports simulator and massage rooms, a plunge pool, an entertainment lounge, and an auto gallery that can accommodate up to 10 vehicles.
A mirrored gym on the bottom floor leads out to an outdoor basketball court paying homage to the late Lakers legend Kobe Bryant, with the mostly turf-clad grounds also hosting a 70-foot infinity-edge pool and spa sitting alongside a cabana with a TV bar, a pizza oven, and a barbecue station. Rounding it all out are a trio of roof decks and a detached two-story guesthouse, plus state-of-the-art security in the form of a laser system and a 24-hour guard house.
A snazzy car gallery can accommodate up to 10 vehicles or a huge dance party.
Yann Ippolito
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A former managing director of the George Soros-founded hedge fund-turned-family office Soros Fund Management, Feinberg once had his own investment firm. The $1 billion JLF Investment Fund was shuttered some years ago and the veteran trader now operates Feinberg Investments, a limited partnership that invests his personal wealth.
The hedge funder is also known for his love of particularly flamboyant homes. Back in late 2019, Feinberg famously made waves by selling his $15 million Hidden Hills mansion to YouTube celebrity Jeffree Star, then followed that up with the 2021 sale of an oceanfront home in the beachside city of Santa Monica for $10.6 million. He also once owned a huge compound atop Malibu’s Point Dume, though that property was sold by his ex-wife Stacey Feinberg for $21.8 million.
Click here for more photos of The Oasis.
Yann Ippolito
Source: Luxury - robbreport.com
