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The Real Deal Los Angeles

Eyewear mogul Doug Barnes wants $45M for Beverly Hills pad

The property has a computerized waterfall with a light show
By Katherine Clarke | August 08, 2017 02:45PM

Eyewear mogul Doug Barnes’ estate in Beverly Hills (credit: The MLS)

He has an eye for real estate.

Doug Barnes, the Dallas-based eyewear entrepreneur who founded the retail chain Eyemart Express, wants $45 million for his Beverly Hills home — more than five times the $8.3 million he paid for it in 2011.

The seven-bedroom, 14,279-square-foot home on Oxford Way first hit the market in 2015 for $55 million. It was later relisted for $49 million, but failed to sell.

Ginger Glass of Coldwell Banker has the new listing, which hit the MLS Monday. She was not immediately available for comment.

The property, located just behind the Beverly Hills Hotel, has a dramatic foyer with 25-foot ceilings, an 80-foot-long computerized waterfall with a light show, a large cabana, a movie theater, a conference room and parking space for 20 cars, according to the listing.

Barnes and his wife Molly reportedly spend most of their time in Texas, where they own a 23,000-square-foot mansion.