Entertainment executive Gary Barber, who was ousted from his role as chairman and chief executive of Metro-Goldwyn-Mayer Studios earlier this year, has paid $14 million for a home site in Beverly Hills.
The deal, which closed outside the Multiple Listing Service, included plans and permits for a contemporary showplace designed by Bowery Design Group of Los Angeles. Renderings for the home show a multilevel house with bands of floor-to-ceiling windows, raised decking and two swimming pools.
The planned structure would have six bedrooms, eight bathrooms and three powder rooms. An elevator, a media room, a wine room and a gym are among amenities included in the concept.
Set on a knoll of about two-thirds of an acre, views extend from downtown Los Angeles to the ocean.
The property had been up for sale last year for $13.5 million. It previously sold five years ago for about $6.25 million.
Barber, in his 60s, co-founded Spyglass Entertainment. He joined MGM in 2010, following the company’s emergence from Chapter 11 bankruptcy protection, as the chairman and chief executive.