Financier and Milwaukee Brewers minority owner Robert Beyer and his wife struck a deal to sell their Brentwood estate at 11740 Crescenda Street for $44 million.
When factoring in off-market deals, the trade is the largest in Brentwood since the December 2021 sale of 13058 Rivers Road, which went for $56.6 million.
Friday’s closing takes the home, which is named “Ocho Manos” after the couple’s four children, off the market two years after hanging up the for-sale sign.
The Beverly Hills Estates’ Jack Harris and Michael Fahimian negotiated the deal on behalf of the buyer.
Harris and Fahimian declined to comment on the trade or their client.
Carolwood Estates’ Drew Fenton and Andrew Beyer, who is the Beyers’ son, were the listing agents. Carolwood also declined to comment on the deal.
The purchase price equates to $2,200 per square foot.
Ocho Manos hit the market in 2023, with a $75 million asking price. The price was cut a few times, most recently in June, when the asking price went to $54.9 million.
Robert Beyer bought the first of three parcels comprising the estate in 2000, paying $438 per square foot or $8.8 million, according to listing sites. He reportedly went on to snap up three other sites and then took about five years across design and construction before the home was completed in 2005.
He told the Wall Street Journal in 2023 he and his wife “can’t possibly enjoy the extent” of the grounds with their four children grown and out of the house.
The Bob Ray Offenhauser-designed home, which sits on about 3.5 acres of flat land, was built by high-end homebuilder Peter McCoy Construction.
The residence spans 20,000 square feet with eight bedrooms and 14 bathrooms.
Imported stone, steel windows and doors, infinity edge pool and cabana, 1,200-bottle wine cellar, game room, gardens and tennis court are among the estate’s highlights.
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