Audrey Irmas drops price of Holmby Hills home to $16.9 million

In the market for an art museum, of sorts, in Holmby Hills?

The home of philanthropist and major art collector Audrey Irmas is a one-of-a-kind residence designed by Santa Barbara-based architect Timothy Morgan Steele with art connoisseurs in mind: lots of linear wall space and flowing interiors with ceilings that are 15 to 22 feet tall. There is a state-of-the-art security system that includes video surveillance, an electric gate with a camera and indoor motion detectors. Move over, MOCA.

And the price of the 11,000-square-foot home just dropped to $16.9 million from $25 million. The home has three bedrooms and 5 1/2 bathrooms and sits on an acre. The master bedroom suite has his-and-her walk-in closets -- but that's about as ordinary as this place gets.

There is a reflecting pool that accentuates the home's modern design. The house also has a gallery/study designed with a dome made of zinc.

Irmas, a life trustee of the Museum of Contemporary Art in Los Angeles, collects art -- Andy Warhols, Roy Lichtensteins, sculptures by Tony Smith. She frequently loans works from her collection to public exhibitions. Her philanthropy, besides MOCA and the art world, includes many Jewish causes. The Westside campus of the Wilshire Boulevard Temple is named for her and her late husband, Sydney.

Coldwell Banker Beverly Hills agents Linda May and Matthew Irmas, son of the owner, have the listing.