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The Real Deal Los Angeles

Thai developer seeks $56M for airplane-inspired spec home

The modern mansion has three wings that resemble airplane blades
December 04, 2018 05:00PM

Zoltan E. Pali and home on Orum Road in Los Angeles

A new spec home that resembles an airplane propeller is ready to take flight in Los Angeles.

Thai developer Duangpatra Bodiratnangkura is shopping the modern-style mansion on Orum Road in Bel Air for $56 million, the Wall Street Journal reported.

Spanning 18,850 square feet, the property was built in three wings, and features nine bedrooms and 15 bathrooms. Some of the more extravagant amenities include a wine cellar that fits 1,000 bottles, a home theater, gym, automated light system, and LED-lit pool and spa. There’s also an outdoor kitchen and fire pits.

Home on Orum Road in Los Angeles

Zoltan Pali, founder and design principal at SPF:Architects, designed the spec home. He is best known for restoring the iconic Getty Villa and Hollywood Pantages Theatre.

An entity controlled by the seller, who goes by “Dang,” bought the site for about $6 million in 2014. She then spent four years building the home.

The airplane-shaped residence is the largest project ever built by Dang, she told the WSJ. In the past, she has developed smaller homes and worked as a landlord for a handful of rental properties.

Home on Orum Road in Los Angeles

Aaron Kirman, Louis Evans and Taylor Nakaki at Compass have the listing.

Dang’s mansion is one of many spec homes to have hit the market for sale this year, as developers wrap up the mega-projects they started at the peak of the spec home craze. Last month, developers Ty Cueva of Westside Property Group and Dean Hallo of Hallo Construction relisted their 40,000-square-foot spec home for $100 million, a third more than the developers asked for last year. A Hollywood executive is also shopping a 18,500-square-foot mansion, dubbed the Foothill Estate, for $125 million. [WSJ] – Natalie Hoberman