Beverly Hills · Malibu


Beverly Hills · Malibu

Mansion Global: Beverly Hills Megamansion Sells for $47.5M in One of 2023’s Biggest Deals to Date

The home offers a slew of amenities, from a wet bar with rotating shelves to a sculpture garden

A contemporary Los Angeles megamansion that was under construction for seven years has sold for $47.5 million.

Dubbed the Summitridge Estate, the Beverly Hills estate was completed in 2020 by real estate developer and designer Troy Adams. Roughly 21,000 square feet, it sits on a 1-acre parcel “with jetliner views from downtown to the ocean,” according to the listing with Kurt Rappaport of Westside Estate Agency. 

The deal, one of the most expensive of the year in the U.S. so far, closed on the last day of March, according to listing records. The seller was financier and film producer Henry Winterstern, whose credits include “Hard Kill” (2020) with Bruce Willis and “Wicker Park” (2004).

Mr. Winterstern, who is in his mid-60s, bought part of the property in 2012 for $2.9 million, according to public records. The land had an existing ranch house on it, which had been home to musician Artie Shaw, who bought it around 1939, The Wall Street Journal reported when the home first listed for $46.5 million in November 2020. 

Actress Lana Turner lived at the home with Shaw in 1940 during their brief marriage, and one of Mr. Shaw’s most popular works, “Summit Ridge Drive,” was written and rehearsed at the house, according to the book “Artie Shaw, King of the Clarinet: His Life and Times” by Tom Nolan.

Mr. Winterstern also purchased an additional lot at a later date, then demolished the existing ranch on the home to rebuild. Mr. Rappaport told The Wall Street Journal.

Mansion Global could not determine the buyer, and records of the transaction were not yet available to the public. 

The six-bedroom, nine-bathroom offers “every conceivable amenity,” the listing said. 

That includes classic California design elements like the two-story living room, disappearing walls that lead to the home’s multiple decks and patios and a resort-like primary bedroom suite, listing photos show. 

Then there’s the wet bar with rotating shelves that ensure every tipple is top shelf, and the walk-in closet featuring pop-up watch storage that’s embedded in a center island. 

There’s also a cigar lounge with a custom-built humidor, a game room, a wine cellar, a gym, a spa, a glass elevator and a home theater, plus a full guest house and a car museum, the listing said. 

Outside boasts a sculpture garden, a zero-edge infinity pool, a roofdeck with a bar and dining area and a private motor court.

Mr. Rappaport declined to comment for this article. 

Mr. Winterstern was not available for comment. 

Click here to read the full article on MansionGlobal.com.

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