Alexandra von Furstenberg picks up unfinished mansion in Beverly Park

Retail heiress closed on property at $28.5M — 18% below initial ask

Los Angeles /
Sep.September 02, 2020 09:05 AM
Alexandra von Furstenberg and a rendering of the home (Credit: Steve Granitz/WireImage via Getty Images, and Reltor.com via Variety)
Alexandra von Furstenberg and a rendering of the home (Credit: Steve Granitz/WireImage via Getty Images, and Reltor.com via Variety)

Retail heiress Alexandra von Furstenberg is the new owner of an unfinished, super-sized mansion in Beverly Park.

The daughter of Duty Free Shops founder Robert Miller paid $28.5 million for the modern-style hilltop home, according to Variety. When completed, it will total nearly 27,200 square feet in size with 14 bedrooms and 17 bathrooms.

The deal closed sometime before the end of July. The property hit the market around March asking $34.7 million, meaning von Furstenberg and her husband Dax Miller nabbed it at an 18 percent discount from the list price.

The unfinished home was started by a previous owner, who tapped architect Marc Whipple to design the house. At some point, architect Steve Hermann was brought in to replace Whipple.

That owner bought the property from Lili Zanuck, wife of the late producer Richard Zanuck, and demolished the Georgian-style mansion they built on the property.

The new home is about 70 percent finished, according to Variety. Like many other modern mansions in Los Angeles, it is replete with luxury amenities including a home theater, gym, sauna and underground parking.

The grounds have a full-size swimming pool and an infinity edge pool. There’s also a guest house and guard house.

Von Furstenberg and her husband Dax Miller own a home in Holmby Hills as well as a home in Malibu.

The gated community of Beverly Park, tucked in the hills above Beverly Hills, has seen its share of trading lately.

Justin Bieber and Hailey Baldwin bought a home for $26 million late last month.

In June, actress Sofia Vergara bought a house in the neighborhood, also for $26 million, and Saudi Prince Turki bin Nasser listed his massive five-acre compound for $40 million. [Variety]Dennis Lynch


Related Articles

arrow_forward_ios
Jeffree Star and his Hidden Hills home (Compass, Getty)
Makeup mogul Jeffree Star lists 20K sf mansion
Makeup mogul Jeffree Star lists 20K sf mansion
Kevin Hard and his new Calabasas house (Getty, The Shevins / Berkshire Hathaway)
Kevin Hart buys his neighbor’s house in Calabasas for $7M
Kevin Hart buys his neighbor’s house in Calabasas for $7M
Adele and Nicole Richie (Getty, Google Maps)
Hello, from Beverly Hills: Adele buys Nicole Richie’s home
Hello, from Beverly Hills: Adele buys Nicole Richie’s home
Yo Gotti (Getty) with Candlecrest Drive home. (Redfin)
Rapper Yo Gotti pays $8M for Westlake Village mansion
Rapper Yo Gotti pays $8M for Westlake Village mansion
Megan Fox and Machine Gun Kelly (Getty)
Megan Fox, Machine Gun Kelly take $30K a month rental
Megan Fox, Machine Gun Kelly take $30K a month rental
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
Kourtney Kardashian and her Madison Club property. (Getty, Madison Club)
Kourtney Kardashian drops $12M on brand new mansion in Palm Springs
Kourtney Kardashian drops $12M on brand new mansion in Palm Springs
Polo G and his Chatsworth compound (Getty, The Agency)
Rapper Polo G buys Chatsworth compound ahead of release of third album
Rapper Polo G buys Chatsworth compound ahead of release of third album
arrow_forward_ios

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

Loading...