Philanthropist Michelson buys Brentwood estate

Orthopedic surgeon, inventor adds 12,000 sf spec mansion to Westside portfolio

Gary and Alya Michelson and 2500 Mandeville Canyon Road (Getty, Zillow)
Gary and Alya Michelson and 2500 Mandeville Canyon Road (Getty, Zillow)

Los Angeles billionaire physician Gary Michelson has paid $23.9 million for a newly built, 12,000-square-foot estate in Brentwood.

The orthopedic surgeon and his wife, Alya, bought the eight-bedroom, 11 bath home at 2500 Mandeville Canyon Rd., reported.

The property was developed on spec by Westwood-based luxury home builder ANR Development under the ANR Collection brand. The developer worked in conjunction with Downtown LA-based architecture firm Masastudio, which styled Utah’s famed Amangiri resort.

The Michelsons’ new home is set on a nearly one-acre reserve of protected live oaks and coastal sycamores, some more than a century old.

The home’s soaring walls could serve any modern art collection. Amenities include a fleet of glassy Fleetwood doors, blue-velvet screening room, elevator, pilates studio, multiple kitchens, a main garage and separate staff garage.

The main kitchen includes quartz countertops, an eat-in island and designer appliances.

A double-sided fireplace set into a concrete-block wall separates the dining area from a formal living room. The master bedroom has a fireplace-warmed sitting room.
There is a separate, three-bedroom guesthouse, and an expansive Cantera stone patio abuts a 48-foot saltwater zero-edge pool and spa and a cabana with fireplace and kitchen.

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The listing was by Todd Baker of Coldwell Bank Realty. The buyer was represented by David Kramer of Hilton & Hyland.

The Michelsons retain another Brentwood home, a roughly 7,000-square-foot residence in Mandeville Canyon acquired in 2003 for about $4.8 million, according to Dirt.

Gary Michelson, a native of Philadelphia native, spent decades as a practicing spinal surgeon, patenting more than 340 orthopedic and spinal surgery instruments, according to Forbes. He became a billionaire in 2005 when he reached a $1.35 billion settlement with medical device giant Medtronic, after years of litigation. He’s now worth an estimated $1.7 billion.

The physician-inventor has become a major philanthropist in Los Angeles.

After signing a Giving Pledge in 2016, he founded several nonprofits to give to medical research, animal welfare and education under the umbrella of Michelson Philanthropies. He also gave $100 million to set up an eponymous medical research foundation, and gave $50 million to USC for a bioscience research center.

[Dirt] – Dana Bartholomew

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