Beverly Hills is the epicenter of conspicuous consumption, so finding something to buy here to truly stand out here takes some work.
Or, you could just take a walk down the right side of the 14th hole at Los Angeles Country Club during the U.S. Open this week.
Up for sale is the 55,000-square-foot, 4.5-acre course-side compound formerly owned by both TV producer Aaron Spelling ("Charlie’s Angels," "Love Boat," "Dynasty," "Beverly Hills 90210") and F1 rich kid Tamara Eccelstone. It features 14 bedrooms—including a 7,500-square-foot master suite—27 baths, movie studio-quality screening and editing rooms, bowling alley and professional beauty salon. Despite the proximity to play on 14, you won’t have to worry about snoopers. It’s invisible from LACC and Mapleton Drive.
That kind of location and privacy does come at a cost. The asking price is $155 million, and property taxes alone are more than $100,000 per month. Even for real estate in the Platinum Triangle—which includes Beverly Hills, Bel-Air and Holmby Hills—“The Manor” is in rare air. Hugh Hefner’s Playboy Mansion adjacent to LACC’s 14th hole sold for “only” $100 million in 2016, and Snapchat CEO Evan Spiegel and model-actress wife Miranda Kerr are building a “bungalow” across the street for $145 million.
If you do make the deal, don’t expect your new proximity to provide a leg up on getting into the notoriously exclusive LACC. Hefner famously wanted to build a helicopter pad at his place and offered to join the club in an effort to smooth the way.
His offer was forcefully declined.
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