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

The modern mansion has three wings that resemble airplane blades

Los Angeles /
Dec.December 04, 2018 05:00 PM
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


Related Articles

arrow_forward_ios
Liam Payne and his Monte Nido home (Getty, Redfin)

Plotting new direction, Liam Payne sells Monte Nido compound

Plotting new direction, Liam Payne sells Monte Nido compound
Embattled director faces sexual assault allegations. (Getty, Compass)

Director, facing sex assault allegations, sells Malibu home for $14M

Director, facing sex assault allegations, sells Malibu home for $14M
Liam, Chris and Luke Hemsworth with their Malibu home (Getty, Zillow)

Hemsworth bros sell Malibu crash pad

Hemsworth bros sell Malibu crash pad
Trevor Noah and the Bel Air house (Getty, Redfin)

Trevor Noah pays $28M for Bel Air mansion after selling another

Trevor Noah pays $28M for Bel Air mansion after selling another
Reese Witherspoon (Getty)

Reese Witherspoon pays $16M for Brentwood mansion

Reese Witherspoon pays $16M for Brentwood mansion
Anthony Davis and 940 Candlecrest Drive (Getty, Redfin)

Lakers’ Anthony Davis sells mansion for $1M less than he paid

Lakers’ Anthony Davis sells mansion for $1M less than he paid
Red Hot Chili Peppers bassist Flea — real name Michael Balzary — sold his compound for $20 million (Getty, iStock)

Flea sells Malibu estate for $20M

Flea sells Malibu estate for $20M
Gal Gadot and her Malibu penthouse (Getty, Chris Cortazzo)

Gal Gadot picks up beachfront penthouse in Malibu

Gal Gadot picks up beachfront penthouse in Malibu
arrow_forward_ios

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

Loading...