Restoration Hardware exec Gary Friedman rakes in $19M on home sales

The CEO sold estates in Napa Valley and Beverly Hills

TRD LOS ANGELES /
Oct.October 09, 2017 08:00 AM
Property in Beverly Hills, with Gary Friedman (MLS/Getty)

The home furnishing executive has taken a cue from his own playbook.

Gary Friedman, the chairman and co-CEO of Restoration Hardware, sold his well-decorated Trousdale Estates home in Beverly Hills for $11.33 million last month, Variety reported. He also sold his St. Helena home up the coast for $7.55 million.

The home on N. Hillcrest Road in Beverly Hills has four bedrooms, four full bathrooms, a gourmet kitchen and a home connectivity system within 4,300 square feet of living space. A gated motor court and swimming pool lay outside. The estate first came on the market at nearly $12 million on June 21.

Up north, Friedman sold his one-acre wine country estate in Napa Valley’s St. Helena for $7.55 million. His initial ask was $10.5 million in the summer of 2016. A 5,400-square-foot main house, vineyards and guesthouse were included in the sale.

Property in St. Helena (MLS)

The executive paid $9.9 million for the Beverly Hill’s home in 2014, just a year after dropping $5.9 million for the Napa home, property records show.

Kurt Rappaport of Westside Estate Agency had the Beverly Hills listing.

Friedman owns a property in Marin County and another 4.58-acre home in Yountville. [Variety] – Natalie Hoberman


Related Articles

arrow_forward_ios
Elvis and Priscilla Presley with the home (Credit; Bettmann/Getty Images)

Elvis Presley’s former Holmby Hills home sells for $30M

Elvis Presley’s former Holmby Hills home sells for $30M
Kathy Griffin and the home (Credit: Douglas Elliman and Tibrina Hobson/Getty Images)

No laughing matter: Kathy Griffin wants $16M for Bel Air manse

No laughing matter: Kathy Griffin wants $16M for Bel Air manse
James Cameron and the property (Credit: Mike Pont/FilmMagic via Getty Images, and The Altman Brothers)

James Cameron lists longtime Malibu haunt for $25M

James Cameron lists longtime Malibu haunt for $25M
Taraji P. Henson, Cardi B, and Matthew Perry (Credit: Rich Fury/Getty Images, Frazer Harrison/Getty Images, and Frederick M. Brown/Getty Images)

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad
Alexandra von Furstenberg and a rendering of the home (Credit: Steve Granitz/WireImage via Getty Images, and Reltor.com via Variety)

Alexandra von Furstenberg picks up unfinished mansion in Beverly Park

Alexandra von Furstenberg picks up unfinished mansion in Beverly Park
Justin and Hailey Bieber with the home (Credit: Jon Kopaloff/Getty Images, and Realtor.com via Variety)

Justin Bieber, Hailey Baldwin upgrade to $26M manse in Beverly Park

Justin Bieber, Hailey Baldwin upgrade to $26M manse in Beverly Park
Matthew Perry and the home (Credit: Jason Kempin/Getty Images, and Redfin via Variety)

Matthew Perry lists Malibu pad as DTLA penthouse still sits on market

Matthew Perry lists Malibu pad as DTLA penthouse still sits on market
Rande Gerber and Cindy Crawford with the home (Credit: Realtor.com via Los Angeles Times, and Tal Rubin/GC Images via Getty Images)

Cindy Crawford and Rande Gerber list Beverly Hills home, testing luxury market

Cindy Crawford and Rande Gerber list Beverly Hills home, testing luxury market
arrow_forward_ios

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

Loading...