WHEN does a display home really put on a display? When it is a $US150 million ($195 million) spec home with every bell and whistle from its indoor waterfall to its boutique beauty salon.
The recently completed 10-bedroom Los Angeles estate has been built on more than 8000sq m of hallowed ground. Until 2000 the land was the site of Barbra Streisand’s long-time home before the singing legend moved out to Malibu.
The main house alone has a whopping 3530sq m of living space and then there are the multiple guesthouses, three swimming pools and a private hiking trail.
Developer Gala Asher of Beverly Hills-based Dream Projects LA has listed the Holmby Hills home with Coldwell Banker Previews International.
Sitting on Carolwood Drive, the prestige property is surrounded by real estate royalty including the former homes of Hollywood’s biggest names including Walt Disney, Gary Cooper, Aaron Spelling, Bing Crosby, Frank Sinatra, Elvis Presley and Mick Jagger. Even the Prince of Pop passed away in the exclusive streets of Holmby Hills.
Carolwood Drive has been home to some of LA’s priciest home sales in recent years, including the sale of Fleur de Lys, a 12-bedroom mansion with ballroom for $US102 million ($132.82 million) and the former Walt Disney estate for $US74 million ($96 million).
According to a spokesperson for Coldwell Banker Previews who spoke to The Wall Street Journal, the main house has a 500sq m main bedroom, spa level with an indoor lap pool (and waterfall), hair salon, steam and massage rooms and an area for manicures and pedicures.
The property also features parking for up to 50 cars on site and five-star guest accommodation.
Inside the main pad there is also an entertainment suite, which has been coined Club Mon Rêve (my club of dreams) by the developer, that features a screening room as well as a lounge and a wine room.
The room has a separate valet entrance so visitors can pop in for a film without dragging their feet through the whole house.
In 2014 Mr Asher and his business partners reportedly paid $US13.25 million ($17.25 million) for the vacant block from tech entrepreneur David Bohnett who had been using the land as a private park for years.
Back in 2000 Ms Streisand’s property bought by Les Bider, former chairman of Warner/Chappell Music Inc. Mr Bider had bulldozed the home with grand plans to build a mansion on the site, but never did.