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Fashion Mogul Julie Wainwright Just Sold Her Modern Beverly Hills Home for $10.7 Million
Barely three months after Julie Wainwright put her strikingly modern residence in a prime pocket of Beverly Hills up for sale at nearly $12 million, the founder and former CEO of The RealReal has already offloaded the property. Records show the Steve Hermann-designed home traded hands for a discounted $10.7 million, which is still around a million dollars more than she paid Tony & Guy co-founder Bruno Mascolo for the place in 2021. Compass real estate broker and Million Dollar Listing Los Angeles star Josh Flagg repped both sides of the transaction, describing it as “hands down the best deal in Trousdale Estates.”
Built in 2009 and fully customized to suit Wainwright’s tastes during her tenure, the gated architectural-style structure is touted in the listing as having a “harmonious blend of elevated luxury”—from the alluring courtyard punctuated by terrazzo fountains to the chic interiors offering 4,500 square feet of single-level living space boasting vast expanses of glass providing seamless indoor-outdoor environs and sweeping city views from almost every vantage point.
A spacious family room is outfitted with a wall of shelves and a sexy linear fireplace.
Paul Barnaby
RELATED: An Aspiring Race Car Driver Lists Her Peaceful Beverly Hills Retreat for $30 Million
Highlights include a spacious living room outfitted with a wall of shelves holding sundry eye-catching trinkets and a sexy linear fireplace topped by a TV. A sleek Poliform kitchen boasts high-gloss floating cabinetry, dual ovens and an eat-in peninsula, while the formal dining area opens to the outside on two sides. Five ensuite bedrooms include a massive primary suite, which comes with a stone fireplace, a glass-enclosed dressing room, and a luxe bath sporting an Antonio Lupi soaking tub.
Outdoors, the half-acre-plus grounds include an infinity pool and spa surrounded by a flat grassy yard, along with a teakwood deck and built-in benches ideal for relaxing and entertaining. In addition to a mirror-lined gym and an attached two-car garage, the full-fledged smart home also has automated window treatments, a state-of-the-art Control4 system, and a server room.
An expansive teakwood deck and infinity-edge pool offer panoramic views that stretch to the ocean.
Paul Barnaby
RELATED: Charlie Puth Sold His $11 Million Midcentury House in Beverly Hills to Josh Flagg
An internet and tech pioneer, Wainwright launched the online video site Reel.com in 1997 and later took the reins as CEO of Pets.com. After the tech bubble burst, the site collapsed under crippling $300 million debt soon after going public in 2000. The Purdue graduate was active in numerous other online startups before 2011, when she founded The RealReal. Though she stepped down as CEO in 2022, the company is still one of the world’s largest online marketplaces for the resale of authenticated luxury goods, with more than 27 million members and 19 retail sites nationwide.
Besides her just-sold Beverly Hills digs, Wainwright, who has a reported $25 million net worth, also owns a $6.8 million condo on a high floor of a posh tower on the edge of New York City’s Financial District, near City Hall.
Click here for more photos of the Trousdale Estates home.
Paul Barnaby
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Wendy Bowman
Wendy Bowman is a real estate writer at Robb Report. Before that, she was a freelancer for Modern Luxury and several other media outlets, where she primarily covered luxury properties for…
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Sylvester Stallone Halts Plans for a Sea Barrier Around His Palm Beach Home After Neighbors Pitch a Fit
Sylvester Stallone is the talk of the town after pissing off his Palm Beach neighbors. The 78-year-old actor decamped from Hollywood to South Florida almost five years ago, snapping up a $35 million mansion with a private dock on the Intracoastal Waterway. The on-screen tough-guy recently ruffled more than a few feathers after it was revealed he wanted to install a sea barrier around his palatial estate to prevent seaweed and other debris from washing up on the private beach in his backyard, Bloomberg reported.
“It’s unbelievable to me that you can have your house, your things, your boat—the place that’s your sanctuary—and you can have some guy sit there for 10 months and do his laundry in front of me and there’s nothing you can do about it,” he pleaded to the Palm Beach Town council. In addition, Stallone mentioned in the application that he wanted to protect his residence from garbage that often gets dropped into the water. According to the news site, Stallone even raised the issue with incoming president Donald Trump, whose Mar-a-Lago property is about eight miles down the road.
Stallone ponied up $35 million for the waterfront estate that includes a private stretch of sugary sand.
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The plan would require him to lease a chunk of underwater land from the state where the barrier would be built, rising 18 inches out of the water. However, Stallone’s lawyer stepped in during the proceedings and declared that the proposal has been officially withdrawn after council members and local residents voiced their concerns about the actor’s infringement on public waterways. “It’s tough being so famous, and we have lots of celebrities and important people who live here, but you’re the only Rocky and Rambo, so it’s tough. I think we simply must object to this particular one,” said council president Bobbie Lindsay.
Stallone acquired the 13,000-square-foot lakefront compound back in December of 2020. Altogether, the sprawling estate has seven bedrooms and 10 bathrooms, plus a gym, a library, a swimming pool, and a family room with a wet bar, Realtor.com reported.
In February, the Italian Stallion declared that he would be leaving California permanently to live full-time in the Sunshine State. Indeed, he’d already sold his Golden State home in the celeb-packed Los Angeles suburb of Hidden Hills to musician John Fogerty in October 2023 for $17 million. Celebrity pedigree aside, what made headlines is the fact that the former Creedence Clearwater Revival frontman flipped the residence six months later with a $4.3 million bump in the asking price. The year before, Stallone sold his longtime home in the ritzy Beverly Park enclave for $58 million to Adele, who has since ripped most of the house down to make way for an all-new custom home. And, earlier this month, the Tulsa King star splashed out $25 million—in cash!—for a recently rebuilt and glamorously apointed home in East Hampton for his three daughters, Sophia, Sistine, and Scarlet.
Authors
Abby Montanez
Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, entertainment, dining, travel to…
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This SoCal Estate Was Once Home to Bing Crosby. Now It Can Be Yours for $13.5 Million.
Though Bing Crosby passed away in October 1977 at age 73, the legendary star’s legacy lives on at the Palm Desert estate he once called home, not to mention the 300 million-plus records he sold and over 50 films he starred in throughout his lengthy career. Since revamped by its current owners, the Coachella Valley oasis is now on the market in the exclusive Ironwood Country Club community about 15 miles from Palm Springs for $13.5 million.
One of several California desert properties Crosby laid claim to through the years, this particular residence was built in the mid-1950s and has been touted as the site of an alleged tryst between President John F. Kennedy and Marilyn Monroe in the ’60s. Last purchased in 2012 for around $3 million by retired healthcare executive Randall Burt and his attorney wife Julia, the place has since been fully renovated in keeping with its legacy and heritage per the listing, which is held by Susan Canavan and Deirdre Coit of Canavan Coit & Associates at Compass.
The fireside living room has a wall of retractable glass doors spilling out to an entertaining terrace.
One Point Media Group
Resting amid a two-and-a-half-acre gated parcel with views of the Santa Rosa and San Jacinto mountains, the Spanish-style dwelling features a main house and a trio of guest casitas—for a total of five bedrooms and seven baths in 6,100 square feet. Highlights include a living room sporting a fireplace, plus floor-to-ceiling glass doors spilling out to a fireside terrace ideal for alfresco entertaining. An adjacent dining area connects to a kitchen outfitted with quartz countertops and dual eat-in islands, while a lounge area has a seated bar and a glass-enclosed wine display.
Sequestered off by themselves are two bedrooms, which include a primary suite that comes with a walk-in closet and a spa-inspired bath flaunting a soaking tub and two-person shower. Like most spaces in the attractive abode, the bedrooms are accessible to the palm tree-laced grounds, which are showcased by a mosaic-tiled pool and spa surrounded by a grassy lawn and sundecks, as well as tennis and bocce courts. There’s also a spacious motor court flanked by an attached three-car garage.
The bar room includes a lounge area and glass-enclosed wine cellar.
One Point Media Group
As first reported by The Wall Street Journal, the Burts are selling because they are getting older and want to downsize. If the place goes for anywhere near the asking price it would be one of the priciest sales in the vicinity, topping a Richard Neutra-designed spread in Palm Springs that traded hands in spring 2022 for just over $13 million.
Often revered for his crooning voice and relaxed humor, Crosby gained fame in the 1930s when he garnered a CBS radio show in New York City. He went on to appear in numerous movies, such as the box-office hit Holiday Inn, in which he sang White Christmas. The Washington-born actor is still regarded as “one of the best-loved and most highly respected figures in theatrical history,” with his accolades including a best actor Oscar for his role as a priest in Going My Way. In the San Diego area, he’s also known for creating the first celebrity pro-am golf tournament and helping build the Del Mar Racetrack.
Click here for more photos of Bing Crosby’s former Palm Desert home.
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An Antique Rug Mogul Lists His Minimalist Mansion on Long Island for $9.8 Million
Not only did Nader Bolour, owner of vaunted antique rug and carpet dealer Doris Leslie Blau, play developer for this lavish Long Island home, he also designed the stately mansion from the ground up. Located in Kings Point, a historic village best known for its Tudor and Colonial Revival architecture, the sprawling property stands out as the most expensive non-waterfront abode currently for sale, listed for a cool $9.8 million.
Bolour took over the rug business when the founder of the eponymous emporium died in 2020. Since its inception, the company has sold carpets to big-name architects including Peter Marino and Robert A.M. Stern along with A-listers such as Lady Gaga, John Legend, Madonna, and Tommy Hilfiger.
The stark, boxy house sits on over an acre of freshly sodded land.
@Apollosdrone
After snapping up two adjacent parcels on Arrandale Avenue, Bolour and his wife Mandana had roughly one acre of land to work with in the sleepy New York enclave. The couple demolished existing buildings on the property and spent two years building a capacious residence that they oriented towards the sun. The project was only wrapped up earlier this year. The 15,000-square-foot digs, which sport a whopping eight bedrooms and 11 bathrooms, was designed in a similar, spare fashion as another home they designed and built for themselves in New Jersey.
“Creating this modern home from the ground up was a meticulous pursuit,” Bolour told Robb Report. “We sourced materials from across the globe to complement the incredible proportions throughout, intended for unlimited entertaining opportunities. There are floor-to-ceiling, commercial-grade windows from Greece, marble from Bologna, and a custom stainless-steel piece from Ecuador.”
Naturally, you’ll also find bespoke custom carpets throughout, which Bolour has already baked into the sale price. “Each rug has a different personality catered to the space it is in.”
The living and dining room is lined with floor-to-ceiling commercial-grade windows from Greece.
@Apollosdrone
Instead of a traditional foyer, you’re immediately ushered into an epic 50-foot-long living and dining space with a full wall of black metal-trimmed that overlook the backyard. Also on the main level is the primary suite, which incorporates a private office, a garden, and a custom Art Deco-style rug that was made in Afghanistan. This floor also holds not just one but two all-black kitchens, plus a serving pantry that’s hidden away off the main dining area.
A lacquered stainless-steel staircase leads to the second level. On the way, you’d be hard-pressed to miss a dazzling 18-foot chandelier designed by artisans near Tel Aviv. Highlights of this floor include a sprawling 2,500-square-foot wrap-around terrace.
The grounds, which will be privatized by a hedge when it grows in, are rounded out by a plush stretches of sod, an outdoor kitchen and swimming pool. Alongside the pool, a two-level cabana includes a custom rug made in Nepal.
Click here to see more photos of the Long Island mansion.
@Apollosdrone
Authors
Abby Montanez
Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, entertainment, dining, travel to…
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Months After Selling, a Sleek Miami Mansion Has Popped Back Up for Sale at $20 Million
Digital marketing guru Jeffrey Herzog didn’t even have time to get properly acquainted with the grass-sculpted lion in the verdant yard of this modern Miami mansion before deciding to flip it back on the market. The ask is just shy of $20 million, which is a whopping $5.7 million more than the Avenue Z chairman and CEO and his wife Jill paid for the swanky place in the affluent Coconut Grove neighborhood just five months ago. Chad Carroll of The Carroll Group at Compass holds the listing.
Tucked away in a secluded cul-de-sac behind a double-gated circular driveway that leads to an attached two-car garage, the sleek contemporary home was designed by local architect Gabriel Lopez. Completed earlier this year, the creamy stucco and wood-accented structure rests amid an oak tree-laced parcel of land spanning about half an acre and offers seven bedrooms and nine baths spread across a little more than 8,600 square feet of Artefacto-furnished living space on two levels.
A dramatic spiral staircase flanks one end of the capacious great room.
Real Media Vision/The Carroll Group
RELATED: Hedge Funder Dan Loeb Just Sold His Waterfront Miami Beach Mansion for $35.5 Million
Among the highlights is an open-concept great room anchored on one end by a striking spiral staircase. Within that voluminous glass-lined space are two living areas, including one spilling out to a covered entertainment lounge equipped with a built-in barbecue. A formal dining area connects to the gourmet kitchen, which is outfitted with an island/table combo, top-notch appliances, and a wine fridge.
A cantilevered primary suite on the upper level comes with access to an expansive turf-clad balcony, a bespoke dressing room, and a luxe bath spotlighted by a freestanding soaking tub. A nearby gym and an office both lead out to yet another balcony adorned with a living wall, while the resort-like backyard hosts a pool and spa flanked by a sunken fire pit and a pool house sporting a custom sauna and bath.
A regal grass-sculpted lion holds court on the tropically inspired grounds next to a waterfall installation.
Real Media Vision/The Carroll Group
RELATED: Inside a $22 Million Miami Mansion Inspired by the Art Nouveau Movement
Topping it all off is a reflecting pool with an abstract sculpture, as well as the aforementioned topiary-inspired lion resting alongside a cascading waterfall feature.
In addition to their Coconut Grove home, the Herzogs also own a lakefront residence in the South Florida town of Delray Beach that they picked up in 2018 for around $10.6 million and had on the market for a few months last year at $23 million.
Click here for more photos of the Coconut Grove home.
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Hedge Funder Dan Loeb Just Sold His Waterfront Miami Beach Mansion for $35.5 Million
Four years ago, Dan Loeb forked over $20 million for a modern mansion overlooking Biscayne Bay in Miami Beach. Late last year, the East Coast-based founder and CEO of the hedge fund Third Point hoisted the property back on the market for $45 million. The price was subsequently reduced to $41.5 million before it was removed from the market this past June. Now records show a newly incorporated LLC named after the home’s exclusive North Bay Road address has stepped up to the plate, with the estate now under contract to be sold for $35.5 million.
That’s around $10 million less than Loeb originally wanted for the palatial pad, but it’s still $15 million more than he paid spec developer Peter Fine for the place in late 2020 before he invested some $10 million in upgrading the kitchen, millwork, and lighting. The listing was held by Danny and Jill Hertzberg of the Jills Zeder Group at Coldwell Banker; David Solomon of Berkshire Hathaway HomeServices EWM Realty repped the buyer.
Indoor-outdoor living spaces are front and center throughout the bay-view home.
1Oak Studios
RELATED: ‘Real Housewives of Miami’ Alum Lea Black Relists a Waterfront Miami Beach Home for $37.5 Million
Sequestered amid a walled and gated parcel spanning over a half-acre near the La Gorce Country Club, the architectural residence was designed by Choeff Levy Fischman. There are seven bedrooms and 12 baths in almost 14,000 square feet of living space on two levels accessible via a floating staircase and an elevator. Posh amenities include an office, a wine cellar, a wet bar-equipped screening/game room, a gym that flows to an outdoor yoga platform, and a massive roof deck providing bay and city skyline views, as well as an attached three-car garage and a dock resting along 100 feet of water footage.
Among the other standout features are spacious living areas sporting floor-to-ceiling pocketing glass doors spilling outside, along with a formal dining room and a sleek gourmet kitchen outfitted with two islands, Wolf appliances, and an accompanying breakfast nook. An opulent primary suite is decked out with a seating area, a balcony, and dual walk-in closets and baths, while a separate two-bedroom guest wing has its own entrance.
A grassy lawn abuts a dock sitting along 100 feet of water frontage.
1Oak Studios
RELATED: David and Victoria Beckham Drop $80 Million on a Waterfront Mansion in Miami Beach
Rounding it all out are the palm-laced grounds, which host a mosaic-tiled pool and spa abutting a sundeck and an open-air cabana equipped with a seated bar and a built-in barbecue.
California-born Loeb, whose personal wealth is estimated at around $3.3 billion, told the Miami Herald when he first listed the vacation getaway that he is selling because he wants to focus on his primary New York residence, which is in a particularly coveted area of East Hampton. Records show he also maintains a huge penthouse in a top Manhattan building that he picked up more than 15 years ago for just under $46 million.
Click here for more photos of the Miami Beach mansion
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Magician Lance Burton’s Mountaintop Nevada Home (PHOTOS)
Listed with Zar A. Zanganeh (702) 684-6100 of The Agency Las Vegas LOCATION: 1280 Scooter Street, Henderson, Nevada SQUARE FOOTAGE: 14,756 BEDROOMS & BATHROOMS: 6 bedrooms & 7 bathrooms PRICE: $10,000,000 Magician Lance Burton is selling his mountaintop home in Henderson, Nevada for $10 million. Located at 1280 Scooter Street, the castle-like home was built in […] More
