Site of Holger Schubert’s Ferrari garage lists for $20M

Los Angeles /
May.May 30, 2017 03:30 PM

Holger Schubert created a living room that doubled as a parking garage for his prized Ferrari 512 BBi “Boxer.”

That quirky feature in the product designer’s Brentwood home at 717 N. Tigertail Road caused a stir more than seven years ago when he built a 10-foot bridge connecting his third-story living room to North Tigertail Road – making it easier to drive his Ferrari into its dedicated parking spot.

Neighbors complained and city officials withdrew the permission for Schubert’s bridge, which he subsequently tore down. Ultimately, the whole house was demolished to make way for a new estate. Schubert sold the site in February for $11.7 million to an entity registered to Max McDermott of Core Equity Properties, property records show.

Now, the unfinished two-acre property is back on the market with an asking price of $19.9 million, making it the priciest home listing in L.A. last week. Andrew Moore of Realty Masters & Associates has the listing.

The compound has a 70 percent completed guest house and a main house that is roughly 20 percent complete, according to listing details. It also has fully approved plans with permits pulled. However, whether it can be completed remains to be seen. According to a note in the property’s listing details, a new hillside ordinance would prevent a property larger than 16,000 square feet from being built on the site.


Related Articles

arrow_forward_ios
Michael Gross and the house (Credit: David M. Benett/Dave Benett / Getty Images, and Google Maps)

A former top WeWork exec asks $32M for Brentwood mansion

A former top WeWork exec asks $32M for Brentwood mansion
Prince Harry and Meghan Markle (Credit: Chris Jackson/Getty Images)

Harry and Meghan on the hunt for a mansion in the hills

Harry and Meghan on the hunt for a mansion in the hills
A Brentwood fire came at Douglas Emmett owned building

Brentwood high-rise fire comes after owner sued for negligence

Brentwood high-rise fire comes after owner sued for negligence
Anna and David Solomon with the Douglas Elliman's Beverly Hills offices at 150 El Camino Drive (Credit: Solomon Property Group, Google Maps)

Oh, mother: David Solomon leaves Agency for Elliman

Oh, mother: David Solomon leaves Agency for Elliman
Clockwise from top left: 13224 Old Oak Lane, 4425 Haskell Avenue (center), 656 Lachman Lane, 375 N. Saltair Avenue and 1200 Club View Drive

The Weeknd’s Beverly West condo tops LA County resi sales

The Weeknd’s Beverly West condo tops LA County resi sales
Robert Reffkin and 11726 San Vicente Boulevard (Credit: Google Maps and iStock)

Compass shutters second LA office

Compass shutters second LA office
William Harold Borthwick, Charlie Munger, and the Barry Building (Credit: Adrian Scott Fine/L.A. Conservancy)

Berkshire vice chair’s family moves to demolish landmark building

Berkshire vice chair’s family moves to demolish landmark building
The Getty Fire (credit: Los Angeles County Fire Department Air Operations)

Brentwood sees mass home evacuations as Getty fire rages on

Brentwood sees mass home evacuations as Getty fire rages on
arrow_forward_ios

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

Loading...