Mansion with a Ponzi scheme past lists for $37.5M

A French-impersonating mansion in the Beverly Crest section of Los Angeles is now on the market for $37.5 million. It’s been on and off the market for a while now, after former owner Curtis Somoza was busted for a Ponzi scheme and sentenced to jail for 25 years in 2007.

The house was transferred to an LLC in 2005 and subsequently bought by Jeoung Lee, a healthcare entrepreneur.

Originally built in 2000, the entire home has been fully remodeled and renovated since.

Susan Perryman of Hilton and Hyland has the listing.

Welcome to the Wallingford Estate, a 22,000-square-foot home on the outskirts of one of Los Angeles’ most expensive districts.

welcome-to-the-wallingford-estate-a-22000-square-foot-home-on-the-outskirts-of-one-of-los-angeles-most-expensive-districts

Built in 2000, no expense was spared in bringing it up to the modern luxury standards commanded by a $37.5-million price tag.

built-in-2000-no-expense-was-spared-in-bringing-it-up-to-the-modern-luxury-standards-commanded-by-a-375-million-price-tag

 

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A manicured 5-acre lawn, huge snake-like driveway and a ginormous front gate surround the house.

a-manicured-5-acre-lawn-huge-snake-like-driveway-and-a-ginormous-front-gate-surround-the-house

Inside, the French influences are clear — Marie Antoinette would have been pleased.

inside-the-french-influences-are-clear--marie-antoinette-would-have-been-pleased

Baroque style permeates the home, and the interior is tasteful and bright, if a little overwhelming.

baroque-style-permeates-the-home-and-the-interior-is-tasteful-and-bright-if-a-little-overwhelming

Top all that off with an absurdly large pool, which actually looks small in comparison to the house.

top-all-that-off-with-an-absurdly-large-pool-which-actually-looks-small-in-comparison-to-the-house