Beverly Hills · Malibu


Beverly Hills · Malibu

TRD: A 21K sf megamansion hits market in Beverly Hills

The home, developed over 7 years, is listed as LA’s luxury market continues its climb back

A 21,000-square-foot megamansion in Beverly Hills Post Office hit the market for $46.5 million.

The property was developed over seven years by film producer Henry Winterstern, according to the Wall Street Journal.

Winterstern purchased the first of two lots for the project in 2012 for $2.9 million and later added a neighboring property. On one of the properties, he demolished a ranch home that had once belonged to famed jazz musician Artie Shaw. The combined properties total an acre.

The main home has five bedrooms, while a guest house adds another bedroom to the compound.

Listing agent Kurt Rappaport with Westside Estate Agency said the home has “every conceivable” amenity. That includes a large home theater, wine cellar, cigar lounge, gym, sculpture garden, and zero edge infinity pool.

There are enough decks, patios, and outdoor walkways to get lost traversing, including a landscaped rooftop deck area. The garage is described as a gallery or museum for vehicles. There’s also a motor court. The house also has an array of smart home technology, including a 9-foot video call.

Winterstern’s project joins a number of other high-eight-figure, modern-style megamansions on the market. There have been few, if any, on-market deals for that style of property since the beginning of the pandemic, although the L.A. luxury market as a whole continues to see deals.

In July, two spec mansions — one of them incomplete — sold at big discounts. Earlier this year in April, Kylie Jenner paid $37 million for a spec home in Beverly Hills developed by Gala Asher. 

Click here to read the full article.

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