Silicon Valley developer pays $29M for a Bel Air teardown

Property’s new construction potential may have lured David Dollinger

David and Tara Dollinger and their new Bel Air property (Credit: Instagram)
David and Tara Dollinger and their new Bel Air property (Credit: Instagram)

Developer David Dollinger has picked up a piece of Bel Air for himself for $29 million.

The Dollinger Properties principal is the new owner of a 1.42-acre property on Sarbonne Road, according to Yolanda’s Little Black Book.

The site is home to a roughly 7,000-square-foot mansion dating from 1938. But the property’s new construction potential may have attracted the developer. A listing calls it “ideal to build your dream home,” and says the purchase comes with various soil and geographic reports needed to develop it.

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The current home was owned for 20 years by Robert H. Blumenfield, himself a developer and an art collector. Blumenfield bought it back in 1998 for $4 million, and then in 2016 he moved nearby to a 20,000-square-foot mansion near the Bel Air Country Club, according to Yolanda.

Dollinger is from Silicon Valley, where his development company is headquartered, and he already owns a home near Palo Alto. In 2017 he married Beverly Hills-based yoga instructor and Instagram celebrity Tara Juergens, who is now Tara Dollinger.

Teardowns are not uncommon in Bel Air. A new crop of mega-rich residents are slowly replacing older homes with new behemoths kitted out with the most modern amenities.

Actress Joanne Carson’s former home in the neighborhood is up for sale as a teardown with plans in place for a 12,000-square-foot mansion. Actress Salma Hayek filed plans last month to double her living space in Bel Air with a new mansion. [Yolanda’s Little Black Book] — Dennis Lynch 

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