California
Subterms
More stories
- in Luxury
Rod Stewart Relists His Three-Acre Los Angeles Estate for $80 Million
Some guys have all the luck. Some guys have a mega-mansion in Los Angeles.
British singer and songwriter Rod Stewart put his custom-built abode in the guard up for sale back in June with a hefty $70 million price tag. Six months later, the 78-year-old rocker has hoisted the English country-style estate back on the market to the tune of $80 million, as The New York Times first reported.
Nestled in the renowned guard-gated Beverly Park community, Stewart originally coughed up a cool $12 million for the three-acre lot back in 1991. He then tapped celeb-loved architect Richard Landry to design the over-the-top abode. Sporting a mellow yellow exterior, the digs span a whopping 28,000 square feet and comprise a whopping nine bedrooms and 12 bathrooms—ideal for the musician’s eight children. The compound also includes a 4,500-square-foot guest dwelling and a full-size soccer field. “That would be a main house anywhere else. But in Beverly Park, that’s a guesthouse,” listing agent Tomer Fridman told the newspaper. “It’s an immense property.”
Rod Stewart’s longtime home in Beverly Park is newly relisted for $80 million.
Anthony Barcelo/Courtesy of The Fridman Group International
In keeping with the UK manor aesthetic, the stately mansion and its grounds exude a palatial Baroque style, and the highly decorated interiors are as posh as Buckingham Palace. Across its three stories, you’ll find a quarry’s worth of French marble, ornately detailed ceilings, gilded accents, and hand-forged wrought iron work. There’s also a slew of antique oil paintings, crystal chandeliers, and Regency-period furnishings that look straight out of Bridgerton. Rod the Mod told the Times that he wouldn’t be opposed to selling the home fully furnished. However, he’s hanging on to all the artwork.
The residence was designed for Stewart in the 1990s by architect Richard Landry.
Anthony Barcelo/Courtesy of The Fridman Group International
Highlights include a massive formal dining room that can accommodate over 20 guests, a speakeasy, a movie theater, two gyms, and a wood-paneled library. Elsewhere, Stewart’s pad continues to impress with a wine room, an eat-in chef’s kitchen, and a dedicated tearoom. (Very British!) Outside, the grounds sport a five-car garage, dual motor courts, a swimming pool, and an outdoor kitchen.
“The whole family lived there for 30 years,” Fridman added. “The children grew up there, and he’s got grandchildren already. He’s touring, and he lives in Europe a lot of the time. He built a whole life there, and it’s just time.”
With his 13-year residency at Caesar’s Palace in Las Vegas scheduled to close in August of next year, Stewart is now preparing to launch a North American tour that kicks off in February 2024. The Rock & Roll Hall of Famer also has properties in the UK and Palm Beach, Florida, where he told the newspaper he spends most of his time.
Click here to see all the photos of Rod Stewart’s Los Angeles mansion.
Anthony Barcelo/Courtesy of The Fridman Group International More
- in Luxury
Jared Goff Tosses Out $8.6 Million to Buy the House Next Door
The Detroit Lions’ legendary roar has been more of a muted howl this football season, with a brutal loss to the Chicago Bears weighing heavily on all minds, but Jared Goff hasn’t let those troubles impede his real estate prowl. Records show the high-profile quarterback recently splashed out $8.6 million to buy the house next door to his off-season California residence.
Originally built in 1952, the house underwent a big remodel in the early 1970s. Per tax records, the place last sold in 1976 for an almost unbelievable $105,000, meaning the sellers—the heirs of the recently deceased longtime owner—are now reaping the millions of benefits from a very fortuitous investment.
Sited on a landlocked 10,000-square-foot lot, the house has likely not been significantly updated since the 1970s.
Google Earth
Because the property was never on the market, details are slim and photos nonexistent. But a poke through records reveals that the roughly 3,500-square-foot, L-shaped structure sits on a 10,000-square-foot lot—relatively generous for tightly-packed Manhattan Beach—and features four bedrooms and four baths scattered across two full floors of living space. The architecturally vague house also offers an attached two-car garage, plus a semi-detached accessory structure with another two-car garage and some sort of upstairs storage space or guest living quarters.
While it’s not yet clear what Goff plans to do with his new real estate acquisition, the house is definitely dated and far from pretty. With its bleak, towering walls and acres of beige stucco, the place looks more akin to a gritty apartment building in a downtrodden part of a major city than an $8.6 million home in one of L.A.’s most desirable beach communities. Thus, it’s a virtual guarantee that Goff will either raze or radically remodel the entire home.
As for Goff’s main residence next door, that Mediterranean-style mansion is unapologetically lavish in a way its neighbor is assuredly not. The 29-year-old paid $10.5 million for that residence, back in spring 2023. With the addition of the house next door, he now owns nearly half an acre of prime Manhattan Beach dirt, albeit landlocked dirt.
In addition to his newly expanded Manhattan Beach compound, Goff also owns an ocean-view Hermosa Beach home, acquired a few years ago for nearly $6 million. He and soon-to-be-wife Christen Harper also maintain an estate in the posh Bloomfield Hills suburb of Detroit, for use during football season. More
- in Luxury
A Vitamin Mogul Spills Out $22 Million on an Ultra-Contemporary Santa Monica Home
Up in the rarefied air of the ultra-high-end real estate segment, the market slowdown has hit with a major thud. And particularly so in Los Angeles, where numerous eight-figure homes continue to languish on the market. To get deals done, sellers have become creative in their strategies, and all-cash buyers have been scoring some impressive discounts.
Back in September, this breezy contemporary mansion came to market with a $33 million price tag. Located on one of Santa Monica‘s poshest streets, the property is certainly impressive, spanning more than half an acre and featuring a glass-walled house with six bedrooms and seven baths in 9,300 square feet of living space.
But with no takers, the home’s ask was slashed to $29 million in October. Earlier this month, the place closed escrow at $22.5 million—roughly 32% under the original list. According to a source close to the deal, the sellers agreed to the lowball offer because of the terms: a very short two-week escrow, all cash and with no contingencies, plus a free two-month leaseback term for them.
The 1980s modern home sits behind ancient trees on one of Santa Monica’s most prestigious streets.
CLOUT. REAL ESTATE
Delaram Rivani of Carolwood Estates represented both the sellers and the buyer, though she declined to identify either party. But according to public records, the sellers are Lebanese asset manager Ahmed Tayeb and his wife Cherine Magrabi Tayeb, both well-known art collectors. The discount-hunting buyer is Andrew Lessman, a vitamin mogul widely known for his numerous appearances on the Home Shopping Network (HSN).
Built in 1981 and crafted by the acclaimed late architect Peter Choate, the freshly updated house sits behind gates and manicured hedges. Though somewhat forbidding from the street, the place is cheerfully sun-filled inside, with enormous skylights, vaulted ceilings and abundant wall space ripe for a major-league art collection. Highlights include a vast great room with various living and dining areas, a renovated marble kitchen with premium appliances, and a master retreat equipped with views over the Riviera Country Club golf course and Santa Monica Mountains.
The central living area features a book-matched stone fireplace.
CLOUT. REAL ESTATE
Out back, the lush grounds frame a sparkling lap pool and spa. For those prone to grand-scale entertaining, there’s a fire-pit and multiple al fresco dining areas, plus an indoor movie theater and a wet bar serviced by an 800-bottle wine storage space.
Lessman, 66, has lived in the Santa Monica area for years. And he’s certainly not new to high-end real estate; back in 2012, he bought a $13 million Malibu home atop Paradise Cove that was sold just five years later for $38.5 million to Richard and Laurie Stark, the owners of Chrome Hearts.
Click here for more photos of 2121 La Mesa Drive.
CLOUT. REAL ESTATE More
- in Luxury
The Kardashian & Jenner Homes Decorated For The Holidays
Here are pics of the homes of Kim Kardashian, Kourtney Kardashian, Khloe Kardashian, Kylie Jenner & Kris Jenner decorated for the holidays. Kim Kardashian’s Home Kourtney Kardashian’s Home Khloe Kardashian’s Home Kylie Jenner’s First Home Kylie Jenner’s Second Home Kris Jenner’s Home More
- in Luxury
Mark Zuckerberg’s Money Manager Snags a Pristine Malibu Estate for $6 Million
Over the past two decades, the vast wealth created by the emergence of Silicon Valley has also created enormous opportunity for a handful of particularly savvy and well-networked wealth managers. The most successful of those managers have carved out a niche catering to the valley’s famously clannish billionaire elites.
But very few wealth managers anywhere have been as successful as Michael Anders and his San Francisco-based, famously secretive outfit Iconiq Capital. Described by Forbes in 2014 as “an obscure Silicon Valley firm” that’s technically an ordinary registered investment advisory, the 12-year-old company has been molded by its founders—Divesh Makan, Will Griffith, Chad Boeding and Anders—into a highly exclusive billionaires club that “operates as a cross between a family office and a venture capital fund.”
Today, Iconiq’s client list reads like a who’s-who of Silicon Valley greats. But their most famous client, and the inarguable key to their success, is Mark Zuckerberg, who met Makan in 2004—back when Facebook was still in diapers. Zuckerberg gave fledgling Iconiq a big name in Silicon Valley, and the company’s client roster now includes many of the area’s most high-profile billionaires, including Sheryl Sandberg and Dustin Moskovitz, LinkedIn’s Reid Hoffman and Twitter’s Jack Dorsey. Also now clients of Iconiq are folks outside tech’s inner circle—billionaire hedge funders David Bonderman, Henry Kravis, and Tiger Global Management’s Chase Coleman, all of whom have nabbed seats on the company’s board of directors.
At the beginning of 2022, Iconiq had more than $80 billion in assets under management, ranking the secretive firm as one of the country’s fastest venture capital/private equity success stories. And while it’s not exactly clear how much money has trickled down to Iconiq’s executive ranks, it’s certainly been kind to the net worth of Anders. Back in May, the Columbia University grad paid cash for a $6 million shack, of sorts, on Malibu‘s Point Dume.
Built in 1953, the two-bedroom cottage features big grassy lawns in its front and backyards.
Kensington & Beverly
Measuring in with two bedrooms and two bathrooms in just 1,300 square feet, the 1950s ranch-style house is resolutely unremarkable but somehow charming with its glitz-free nature. Last sold in 2021 for $5 million, the structure was offloaded to Anders by Dictionary.com cofounder Brian Kariger.
Because this deal was inked off-market, current photos are scant. But we do know that the house was recently remodeled, with new hardwood floors, a new and refreshingly simple kitchen, two new storage sheds and a newly spiffy two-car garage. The landlocked structure sits out of sight behind gates, a long driveway and a tall hedge for privacy.
Still, it’s clear that despite the bungalow’s attributes, the real value here is the land. The home sits on a 1.3-acre flat parcel, making it one of the bigger properties on Point Dume, and it also transferred with a coveted beach key to Malibu’s celebrity-loved and semi-private Little Dume Beach. And while it’s not yet clear what Anders’ longterm plans are for the property, it’s entirely possible he could already be designing a new home worthy of a multimillionaire wealth manager to take this one’s place. More
- in Luxury
‘Daisy Jones & the Six’ Showrunner Snags a Historical Estate Deep in the California Woods
He may not be a household name, but Will Graham is responsible for many hours of Hollywood-style entertainment. The Columbia University grad first garnered significant attention for co-founding 2011’s Onion News Network, for which he won a Peabody Award. He’s since signed lucrative first-look deals with Amazon Studios and co-created the comedy drama TV series A League of Their Own; Graham was also the showrunner of Amazon Prime’s Mozart in the Jungle and the Emmy-nominated Daisy Jones & the Six, starring Riley Keough.
Graham already owns homes in New York—a $2 million Brooklyn condo—and in the urban sprawl of Los Angeles, where he’s long laid claim to a multimillion-dollar contemporary residence in the Los Feliz neighborhood. So it’s perhaps no surprise that his latest real estate acquisition is decidedly more off the grid and secluded, tucked way out in the semi-remote California city of Ojai, just under two hours by car northwest of Los Feliz—traffic providing, of course.
Secluded down a narrow country road, the 1930s estate is gated and privately screened behind trees.
Google Earth
Reportedly “the only Monterey-style home in Ojai,” per the listing, Graham’s new estate sits behind big gates on a scenic 2.5-acre lot in the hills. The busy showrunner paid $6.4 million for the keys—a substantial amount of money for the area, but it’s not difficult to see the attraction. The property is a bonafide compound, with a full-size tennis court, a tennis cabana, two guesthouses and a swimming pool, in addition to the large main house.
That main house is also historical. Originally built in 1933 and owned for a time by the son of wealthy Ojai socialite and hotelier Josephine Pierpont, the two-story structure is surrounded by manicured boxwood and fragrant bunches of lavender and jasmine. Stone pathways lead past multiple fountains on their way to the house, where a wood-paneled living room and fireplace-equipped family room both open to a private courtyard equipped with a full outdoor kitchen, ideal for the quintessentially SoCal indoor/outdoor lifestyle.
Indoor/outdoor living is a central theme at the property, with its substantial courtyard, pathways and shaded verandas.
Google Earth
Also on tap are a library, a wine closet, and plenty of original 1930s wood detailing. Below the aesthetics, the residence also boasts all-new or recently upgraded plumbing, electrical, irrigation and HVAC systems. And throughout the home, multiple sets of French doors open to breezy, wood-floored verandas that run the full length of the building.
Directly behind the main house, the rectangular swimming pool boasts delicious views of the mountains and surrounding treetops. Large patios offer ample space for al fresco dining and entertaining, while the two guesthouses together offer four bedrooms and two kitchens, perfect for weekend guests or live-in staff. More
- in Luxury
A Coffee Billionaire’s Son Just Spent $7.6 Million on an All-New L.A. Mansion
Earlier this year, Bob Stiller inked an eye-popping $170 million deal to sell his oceanfront mansion in Palm Beach, Florida. So it’s no surprise that the coffee billionaire—he co-founded Green Mountain Coffee Roasters in the 1980s—and his family have plenty of cash lying around to afford a “spare” home in California. Records indicate a Stiller-linked trust recently shoveled out $7.6 million to buy a property in a particularly desirable part of Santa Monica.
And while $7.6 million is still a substantial amount of money by almost any standard, it’s a mere 4.5% of what Stiller’s Florida compound fetched about six months ago. Still, that 4.5% buys plenty of nice toys: five ensuite bedrooms, a mirror-walled gym, a soundproof movie theater, a marble-topped wet bar and 22-foot-wide glass pocket doors, all packed into an all-new contemporary farmhouse.
Built new in 2019, the contemporary structure features about 6,000 square feet of living space.
Noel Kleinman
The swanky L.A.-area home was acquired by Stiller’s 35-year-old son Christian, the youngest of his three adult children and a Santa Monica-based advisor to the Zendo meditation device company. Christian formerly owned a bungalow in L.A.’s Venice neighborhood, sold last year for $2.7 million, and still owns a vacation home on the scenic shoreline of Vermont’s Lake Champlain.
The younger Stiller’s new residence also features an attractive façade flaunting a mix of creamy stucco and redwood siding, plus a tri-level floorplan ideal for a live-work situation. The main level offers all the main living spaces, which are highlighted by a sleekly Euro-chic kitchen, while the lower level includes the gym and theater, along with a guest bedroom squirreled out of sight. The four “family” bedrooms are all located on the home’s top floor, among them a primary bedroom with a marble-slathered rain shower and a freestanding soaking tub.
The home’s lower level packs in a gym, wet bar, wine tasting area and a movie theater.
Noel Kleinman
While the backyard isn’t huge, typical for tightly-packed Santa Monica, it’s smartly outfitted with a loggia-shaded al fresco dining area, an AstroTurf lawn and a full outdoor kitchen with a built-in barbecue and a bar area. There’s also a detached two-car garage that spills out into a discreet alleyway behind the main house, ideal for surreptitious egress and ingress.
One thing the property notably lacks is a swimming pool, making it a bit of an anomaly at this price point. But Stiller need fear not, because the listing reassures everyone by noting that the “impeccably designed backyard [is] permitted and ready for a beautiful pool.” More
