Beverly Hills Trophy Home Sells To E-Commerce Heiress For $13.8 Million
Billionaire filmmaker and art collector Katharina Otto-Bernstein hasactually broadened her multimillion-dollar home portfolio, purchasing a Midcentury Modern-style prize house in Beverly Hills.
A genuine estate entity linked to the Otto Group fortune heiress—Otto Group is the e-commerce juggernaut that consistsof the popular decoration chain Crate & Barrel—recently bought the approximately 6,500-square-foot home in an all-cash offer for $13.8 million, according to genuine estate sources familiar with the offer.
Set in the ultra-affluent enclave of Trousdale Estates, the four-bedroom house was developed in 1966 however justrecently gotten sweeping restorations to satisfy modern tastes.
Midcentury hallmarks, nevertheless, can still be seen throughout the house, like walls of movable glass, extra-large living areas and a single-story design.
An variety of stand-alone and wood exterior partitions will maybe endedupbeing the setting for some of Otto-Bernstein’s popular art collection, which consistsof works by Cézanne, Picasso and Grosz.
Attached to the rounded official dining space is an excellent glass redwine closet.
A theme of smooth lines and wood grains run throughout the home, seen in the overlay cookingarea cabinets, grey faux-wood wallpaper and vertical shelving behind a mirrored damp bar.
Other highlights consistof a comfortable motionpicture theatre, a main bedroom with double closets and double restrooms and a researchstudy with floor-to-ceiling built-ins.
Grassy spots easily summary the house’s yard areas, consistingof a fire pit, healthspa and swimming swimmingpool with a running waterfall.
The Emmy-nominated manufacturer of HBO’s Mapplethorpe: Look at the Pictures presently sits at number 778 on the Forbes’ Real Time Billionaires list with a reported net worth of $3.8 billion. She is presently a member of the board of directors of the Metropolitan Opera as well as the International Council of the Guggenheim Museum.
The listing was held by the late Jeff Hyland, co-founder of Beverly Hills-based Hilton & Hyland.
Hilton & Hyland is an unique member of Forbes Global Properties, a customer market and subscription network of elite brokerages selling the world’s most elegant houses.