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Fisker founder lists Hollywood Hills mansion for $35M
Asking price is more than market cap of troubled electric vehicle maker
After he drove his EV startup Fisker into a ditch, founder Henrick Fisker has put his Hollywood Hills West mansion up for sale for $35 million.
With his company’s stock price hovering between 4 and 5 cents, Fisker has listed his 11,800-square-foot estate at 1305 Collingwood Place, in the Bird Streets Realtor.com reported.
Fisker bought the three-story contemporary white mansion in 2021 for $21.75 million, then tried in vain to flip it two months later for $29.5 million.
The six-bedroom eight-bathroom house has retractable glass walls, with sweeping views from Downtown Los Angeles to the Pacific Ocean.
The glamorous estate includes a sauna lined with pink Himalayan salt walls; a game room surrounded by walls of wine; a ping pong room with flyaways bouncing off glass walls with views of the Sunset Strip. Floors are white oak and travertine limestone.
Other highlights of the split-level hillside house include a media lounge, a club room with a bar, fitness center and an open-air living/dining room with a soaring ceiling with hanging crystals, and an onyx table for more than 20 guests.
An upstairs master bedroom has a large bathroom with a soaking tub, plus a balcony.
Outside, there’s an L-shaped infinity-edge pool with shallow splash pads, plus a kitchen and barbecue area. A three-car garage can fit up to six cars with a lift.
Brokers Joshua Altman and Matthew Altman of Douglas Elliman of California hold the listing.
Fisker, 60, has designed luxury cars for BMW, Ford, Tesla, and Aston Martin, before starting Fisker Automotive in 2007. Despite substantial financing, the company failed.
In 2016, Fisker launched Fisker. The EV Fisker Ocean began production in 2022 and started delivery last year. Since then, the startup has laid off hundreds of employees and is scrambling for additional funds. Its market cap is between $26 to $27 million — less than the cost of Fisker’s mansion.
— Dana Bartholomew
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