Bright modern showplace in the Doheny Estates fetches $20 million

A newly built home in the Doheny Estates area of Hollywood Hills West has sold for $20 million, one of the priciest transactions historically for the affluent pocket within the Bird Streets neighborhood, according to sources with knowledge of the sale.

The 8,290-square-foot modern designed by architect Paul McClean listed for sale in February for $23.95 million and was in escrow after three weeks on the market. It is the most expensive sale for the sub-area since 2013, when filmmaker Megan Ellison sold a nearby home to Gateway cofounder Ted Waitt for $20.5 million.

Developer Cody Leibel, the son of Canadian businessman and homebuilder Lorne Leibel, said his father’s advice helped shape the glass-wrapped residence, which was designed in such a way that the interiors are naturally lit by the movement of the sun.

“My dad, coming from a guy who has built 40,000 homes, once told me, ‘You will never have to turn on a light in a great house’, he said. “Until the sun [goes] down, there’s not a single light that needs to be turned on in this house.”

Walls of glass and slab marble, 12-foot ceilings and meticulously placed skylights and windows lend a museum-like quality to the home, which has an open-plan living room, a dining room with a glass-enclosed wine wall and a chef’s kitchen/bar.

On the lower level, divided by a sculptural waterfall and glass-bottom reflecting pool, has a screening room, a den with a wet bar, a game room and a gym. The master suite has a private terrace and a fire feature for a total of five bedrooms and five bathrooms.

A 130-foot infinity-edge swimming pool wraps around the edge of the property. Views take in the downtown cityscape and the Pacific.

Justin Paul Huchel and Drew Fenton of Hilton & Hyland, an affiliate of Christie’s International Real Estate, were the listing agents. Michael Eisenberg of Keller Williams Beverly Hills represented the buyer.

Twitter: @NJLeitereg

Copyright © 2017, Los Angeles Times
64°