A restored 1920s mansion in the upscale Pacific Palisades neighborhood of Los Angeles hit the market Tuesday for just shy of $24 million.
One of the original homes in the Riviera section of the tony neighborhood, the Tudor-style home has six bedrooms and 10 bathrooms over close to 10,000 square feet, according to listing agent Cory Weiss of Douglas Elliman.
“It’s a very private, grand house, but it’s intimate for a family,” he said.
Indeed, the owners spent more than two years refurbishing the home and grounds, according to Jeff Weller, who purchased the home with his wife, Christine, in 2015 for $9.65 million, property records show.
“It was meant to be our dream home and we didn’t spare one expense,” said Mr. Weller, the co-founder of Lion Real Estate Group, a real estate investment and development firm that has recently relocated from Los Angeles to Dallas. “There were a lot of tears coming to this decision, but we thought we needed to move closer to where I work.”
The home sits on a half an acre property with 100-year-old trees, a sport court, a 25-meter pool and a treehouse. The grounds were one of the initial selling points of the property, Mr. Weller said. They have also been overhauled, and some of his favorite features are the garden and the terrace with an outdoor dining area and firepit.
“We have had some great dinner parties out there,” Mr. Weller explained. “You have 270-degree views through the yard.”
The chef’s kitchen is another highlight, he noted. “It’s beautifully done, but also kid friendly.”
Other features include an attic, or “lego room,” built above the children’s bedrooms that connects the two spaces, a primary bedroom suite with dual closets and bathrooms designed around the owners’ personalities, a lap pool, a gym, a steam shower and an office, Mr. Weller said.
Mr. Weiss noted that these properties are rare, and he scheduled five showings the first day it was listed. In the Los Angeles market, buyers are looking for homes with character and quality, he added.
“People want significant architecture and history,” he said. “They don’t want cookie cutter homes.”
Article Source: Mansion Global