The co-founder of Juicy Couture is selling her home in Beverly Hills for $100M

Los Angeles /
Jul.July 08, 2016 02:00 PM

From Luxury Listings NYC: A co-founder of Juicy Couture is selling her Beverly Hills home, which was also once owned by the late TV host Merv Griffin, for $100 million, the Wall Street Journal reports.

The price includes the home’s artwork– including pieces by Robert Motherwell and Julian Schnabel — and home furnishings.

Currently owned by Pamela Skaist-Levy, a co-founder of Juicy Couture, and her husband, director Jefery Levy, the 12,000-square-foot home was built around 1940 and sits on five acres. It comes with a pine forest and a wooden cabin, a rose garden, a separate building with a gym and sunken tennis court, a saltwater swimming pool, a pool pavilion that can also be used as a space to screen movies, a recording studio, sound design studio, editing studio, two driving ranges and a putting green. The Levys say they have hosted huge parties at the house, including their son’s bar mitzvah, which was attended by 1,500. Levy used the home as the setting for two of his films, “Me” (trailer below) and “The Key.”

The Levys spent $17.5 million on the house in 2005, but say they poured $12 million into renovating it (this still does not add up to anywhere near $100 million, but ok). They are selling because their two sons are moving out and it’s too big for the two of them.

Variety reported in September 2015 that the Levys were quietly listing the home for $50 million so we aren’t sure how the price nearly doubled since then, though the Journal suggest that they may have been inspired by the sale of the Playboy mansion. [WSJ]

 

Related Articles

arrow_forward_ios
Kanye West, Kim Kardashian and an aerial of the property (Getty, Google Maps)
Kim Kardashian pays extra for Hidden Hills home abutting her, Kanye’s properties
Kim Kardashian pays extra for Hidden Hills home abutting her, Kanye’s properties
Sam Nazarian with 385 Copa de Oro Rd (Westside Estate Agency, Kevin Scanlon, iStock, Illustration by Shea Monahan for The Real Deal)
Sam Nazarian puts Bel-Air manse on market
Sam Nazarian puts Bel-Air manse on market
The property at 10301 Strathmore with Architect Richard Manion (Richard Manion, 10301 Strathmore)
$25M ask hits mid-market in Holmby Hills
$25M ask hits mid-market in Holmby Hills
Engelbert Humperdinck in Jayne Mansfield’s famous “Pink Palace” in Holmby Hills back in the day. (Getty)
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
From left: Bob Hope, Dolores Hope and Ron Burkle in front of 10346 Moorpark Street in Toluca Lake (Getty Images, Zillow, iStock)
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
From left: Adam Levine and Behati Prinsloo in front of 1700 San Remo Drive in Pacific Palisades (Getty Images, Redfin, iStock)
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
Film producer Julia Lebedev with home on Birdview Avenue (Getty, Zillow)
Producer Julia Lebedev gets nearly $50M for Malibu manse
Producer Julia Lebedev gets nearly $50M for Malibu manse
Reese Witherspoon (Getty)
Reese Witherspoon sells Brentwood mansion for $21.5M
Reese Witherspoon sells Brentwood mansion for $21.5M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...