This Beverly Hills mansion with shell stone walls just listed for $47M

The property includes 5 bedrooms, 9 bathrooms

Los Angeles /
Jun.June 06, 2019 05:00 PM
1500 Gilcrest Drive (Credit: Coldwell Banker)
1500 Gilcrest Drive (Credit: Coldwell Banker)

A Beverly Hills mansion has listed for $46.8 million, adding to the substantial number of luxury properties in the $40 million to $50 million range that hit the market over the last year.

The newly-built home at 1500 Gilcrest Drive appears to be tied to executive Kent Kresa, former chairman of aerospace giant Northrop Grumman. Listing agent Jade Mills of Coldwell Banker Residential Brokerage did not respond to requests for comment.

The LLC tied to the buyer — 512 Perugia Way — paid $4.7 million to acquire the land in May 2010, property records show.

Designed by architect Tim Morrison, the 11,000-square-foot home includes five bedrooms and nine bathrooms. There’s also an infinity-edge swimming pool with spa, gym, gardens, four-car garage and walls made out of shell stone. The two-story home sits on a three quarters of an acre.

Kresa is chairman of MannKind Corp., a biopharmaceutical company based in Westlake Village. Before that, he served as CEO of both Northrop Grumman and General Motors. In 2013, he sold a 14,000-square-foot Spanish Revival home in Beverly Hills for $27.5 million.

The most recent listing on Gilcrest Drive adds to the growing list of luxury properties available for sale. Last week, Malibu Real Estate Investments put a $50 million spec home in Malibu on the market. The 13,000-square-foot home sits on 17 acres.

And last month, Ellen DeGeneres and wife, actress Portia de Rossi, were revealed as buyers of Adam Levine’s $45 million Beverly Hills mansion.


Related Articles

arrow_forward_ios
Renderings of One Beverly Hills and Beny Alagem. (One Beverly Hills, Getty)
Beny Alagem’s $2B Beverly Hills project gets go-ahead
Beny Alagem’s $2B Beverly Hills project gets go-ahead
Sumner Redstone (Getty) with 31 Beverly Park Terrace (Redfin)
Sumner Redstone’s Beverly Park estate flies off market for $27M
Sumner Redstone’s Beverly Park estate flies off market for $27M
LA Dodgers co-owner Bobby Patton and the property (MLB, Compass)
LA Dodgers co-owner puts Los Feliz estate up for $15M
LA Dodgers co-owner puts Los Feliz estate up for $15M
Michael Nourmand (Facebook via Nourmand & Associates)
Compass tries to recruit brokerage owner Michael Nourmand
Compass tries to recruit brokerage owner Michael Nourmand
Braemar Hotels & Resorts Chairman Monty Bennett with Mr. C Beverly Hills. (Ashford, Mr. C)
Mr. C Beverly Hills sells to Monty Bennett’s Braemar Hotels
Mr. C Beverly Hills sells to Monty Bennett’s Braemar Hotels
Tony Gonzalez and 807 Cinthia Street (Getty, Redfin)
NFL great Tony Gonzalez scores $21M mansion sale
NFL great Tony Gonzalez scores $21M mansion sale
Corcoran Global Living CEO Michael Mahon and the Beverly Hills location. (Corcoran, JLL)
Corcoran sets up shop in Beverly Hills
Corcoran sets up shop in Beverly Hills
Rendering's of Byron Allen's future mansion. (Getty, Landry Design Group)
Media mogul Byron Allen is building a Beverly Hills megamansion
Media mogul Byron Allen is building a Beverly Hills megamansion
arrow_forward_ios

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

Loading...