Two Beverly Hills Homes for $23 Million

February 24, 2015 Posted by admin

An aerial view of the Beverly Hills, Calif., property
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Two modern homes designed around more than 100 oak trees in Beverly Hills, Calif., will list for $23 million, according to the listing agent.

The main home, a roughly 7,600-square-foot concrete and glass house, was just completed and has never been lived in. Nearby, the second home, an approximately 2,700-square-foot barn-inspired structure, was completed in early 2013. While technically on two lots, the houses are close in proximity and are only being offered together.

The owner,

Nathan Frankel,

the 41-year-old owner of a scrap-metal company in Fontana, Calif., bought the 3½-acre property for $1.95 million in 2010, according to public records. The property was once owned by the late

Bert Schneider,

who produced the anti-war film “Hearts and Minds” and counterculture classic “Easy Rider,” according to records.

A view of the pools and exterior
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The larger house, a four-bedroom, five-bathroom home built on a ridge with canyon views, has a 75-foot-long lap pool that overflows into a second pool below. A large oak tree, which Mr. Frankel said was used as a focal point for the property, hangs over the water. There is an herb garden on the roof and an open-air courtyard with sliding glass walls that forms the center of the lower-level living space. A 920-bottle wine-cellar with a glass wall frames the living space downstairs.

A dining area and fireplace
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Mr. Frankel, who is also an amateur violinist, built the smaller home as his primary home as well as a space to host charity music events. He decided to build the larger home for resale. He said he is selling because, as a bachelor, the combined space of the two homes is too large for him. He plans to rent in the area before building a new home for himself.

Gary Gold

with Hilton Hyland has the listing.

Article source: http://www.wsj.com/articles/two-beverly-hills-homes-for-23-million-1424730180

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