Holmby Hills home of designer Max Azria, who founded the BCBG Max Azria Group, reports the Wall Street Journal. Azria listed his estate about a year ago for $85 million, but withdrew it from the market after eight months. Now he’s putting it back on the market, but this time, listed with a different brokerage for $88 million.
Why tack $3 million onto the already high price of a mansion that couldn’t sell? One of the new listing agents at Hilton & Hyland tells the WSJ that the price hike is totally understandable, considering that prices of all luxury homes in LA are on the rise.
Azria’s roughly 30,000-square-foot mansion was originally designed by architect-to-the-stars Paul R. Williams in the 1930s, and has been updated by Azria and his wife since their purchase of the place in 2005. It’s reported that the couple spent $30 million on renovations and upgrades to the house, undoubtedly on things like the “floor-to-ceiling waterfall chandelier … made from over 150,000 crystals” in the grand entryway that greets guests upon arrival.
The house has 17 bedrooms; a home theater; a swimming pool with a bar; a “Moroccan-themed” pool house; multiple gardens; a home office with a domed, gold-leafed ceiling; a greenhouse; another greenhouse that’s been converted to a gym; and a tennis court. In all, the estate is almost three acres. That new pricetag again was $88 million.
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