1920s Italianate estate in Beverly Hills

Formal hedges, manicured gardens and fountains bring a sense of decorum to this 1920s Italianate estate. A grand foyer with stenciled wood flooring, a library with a bar and wainscoting are among features of the main house.

Location: 721 N. Rexford Drive, Beverly Hills 90210

Asking price: $11.5 million

About the asking price: If not purchased before July 26, the home will be sold through an online bidding site called Plumbid. It uses a descending bidding method in which the price will drop in random increments until a winning offer is accepted.

Year built: 1921

House size: Five bedrooms, seven bathrooms, 5,957 square feet

Lot size: 14,703 square feet

Features: Wine cellar, breakfast room, second-floor terrace, guesthouse, swimming pool with a spa, outdoor barbecue and pizza oven

About the area: Last year, 319 single-family homes sold in the 90210 ZIP Code at a median price of $3.735 million, according to CoreLogic. That was a 6.7% price increase from 2013.

Agents: George Penner, (626) 683-0777, and Joshua Gaunya, (310) 275-1000, both with Deasy Penner & Partners

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