×

Swedish Billionaire Drops $70 Million on Spec-Built Bev Hills Mansion

BUYER: Not Jay-Z and Beyoncé
LOCATION: Beverly Hills, Calif.
PRICE: $70,000,000
SIZE: 23,000 square feet, 8 bedrooms and 15 bathrooms

YOUR MAMA’S NOTES: Mid-priced purse tycoon and avocational real estate investor Bruce Makowsky paid $12.65 million in August 2012 for a nearly 7,000-square-foot mid-century modern house on a prime parcel near the tail end of a long cul-de-sac above the western terminus of the Sunset Strip in the preposterously pricy and almost comically trendy Trousdale Estates ‘hood in Beverly Hills.

Mister Makowsky, a busy and keen player at the highest end of the high-end real estate marketplace in Los Angeles, quickly razed the house and replaced it with a sexed-up and sensationally sybaritic adult playpen finished and furnished with the most expensive fixtures, materials and comestibles money can buy. Amid global hubbub and a slew of skeptical tongue waggers, the very contemporary mansion was heaved onto the open market as a fully furnished residential extravaganza in mid-September (2014) with a publicity-ensuring $85,000,000 asking price.

According to the scuttlebutt last week, a bidding war broke out for the high-priced property, and one of the parties widely rumored to be involved were music and entertainment industry superstars Jay-Z and Beyoncé. Alas, Jay-Bey or Beyje or whatever they get called in the tabs were not successful in their (alleged) bid because, as per the official press release on the matter, the new owner of the property is 35-year-old Swedish billionaire Markus “Notch” Persson. Again as per the press release, the $70 million dollar sale price, which closed in just six days, makes it the highest for a single-family home in Beverly Hills.

The mostly flat, nearly one-acre property possesses the dernier cri ne plus ultra of L.A. real estate with what can only and accurately be described as quintessential jetliner views that sweep across L.A. from downtown to — on a clear day — the Pacific Ocean. The 23,000-square-foot mansion was marketed as a carefully curated “all-inclusive” environment and was indeed sold fully fitted and kitted down to a trove of flashy artworks spread throughout the house, a collection of Bentley-branded leather sofas in the living room, and numerous cases of Dom Perignon stashed in the glass-walled wine room.

There are a total of eight bedrooms and 15 bathrooms, each of the latter equipped with a $5,600 potty for a total toilet acquisition cost of $84,000. Let’s apply some real people perspective to that amount of money, shall we? A California minimum wage worker who earns $9 per hour would need to work 9,333 hours to earn $84,000 in pre-tax income. If we drill down a bit further we calculate 9,333 work hours translates to almost 4.5 years of consecutive 40-hour work weeks just to pay for the 15 toilets in this one house. Does anyone else need a cocktail and/or an extra-strength nerve pill to digest that? Anyhoodles, poodles…

The giddily glammy and — arguably — glibly glitzy pad has expansive open-plan living spaces that include a leviathan living room where a 54-foot wide wall of curved glass glides open and disappears into the walls at the touch of a button. Marketing materials, press releases and previous discussions of the suped-up spread reveal the house has an 18-foot long onyx dining table that seats 24, two boutique-style walk-in closets in the master suite, a subterranean garage that doubles as a private car museum, both vodka and tequila bars, a candy room and three 90-inch television sets plus an 18-seat tiered screening room.

The outdoor living and recreation spaces that hug the mansion’s rear flank seem far more scant in scale than the house itself, but the relative compactness of the backyard doesn’t impinge or infringe on its purposeful decadence. At the center of the slender yard there’s a pond-sized infinity edge swimming pool with integrated spa and a multi-lounger tanning shelf. The pool is flanked to the north by a shaded terrace with a built-in barbecue station off the kitchen and, on the other side, a minimalist superstructure that defines a grassy lounge area decked out with a ping-pong table.

Only time will tell how much time Mister Persson will spend in deep domestic bliss with his new manse in Beverly Hills, but the unapologetic cynic in this property gossip would not be the least bit agog if, sometime in the next 18 months, Mister Persson let a few of L.A.’s top-notch real estate superstars know he might be willing to part with his high-octane Trousdale Estates real estate toy for the right price. Stranger things have happened in real estate, children. Stranger things have most certainly happened.

The seller was represented by Rodeo Realty big gun Ben Bacall, and Mister Persson’s interests were seen to by Platinum Triangle real estate powerhouse Sally Forster Jones of John Aaroe Group.

Popular on Variety

More Dirt

  • The Miz House Thousand Oaks

    WWE's The Miz Picks $6.4 Million Thousand Oaks Mansion

    A plus-sized manor house in the decidedly posh — if somewhat far-flung — Thousand Oaks, Calif., enclave of North Ranch Estates was “sold before processing” earlier this week, and the proud new owners are veteran reality TV and WWE Raw stars Mike “The Miz” Mizanin and his wife Maryse Mizanin, records reveal. The colorful couple, [...]

  • Thomas Laffont House Malibu

    Hedge Funder Thomas Laffont Scores $13 Million Malibu Ranch

    Less than a year after being ravaged by 2018’s Woolsey Fire, Malibu’s star-studded Point Dume neighborhood has seemingly made a full real estate market comeback. Witness this inconspicuous ranch-style home on one of the area’s best streets, tucked discreetly away behind gates and hedges. Despite any feigned or perceived modesty, the low-key property has traded [...]

  • Justin Roiland House

    Justin Roiland Scores Sherman Oaks Estate

    An estate in Los Angeles’San Fernando Valley neighborhood of Sherman Oaks, sold by high-powered music executive Zach Katz, was snapped up by a mysterious trust for a bit more than $3.7 million — and an always-in-the-know real estate snitch swears the new owner is 2018 Emmy winning “Rick and Morty” co-creator Justin Roiland. Tax records [...]

  • Claire Forlani House

    Claire Forlani Seeks Hollywood Hills Tenant

    English film and television actress Claire Forlani, who co-stars with husband Dougray Scott on the 2019 Canadian-British conspiracy series “Departure,” seeks a deep-pocketed temporary tenant who can shell out $16,500 per month for a fully furnished home above Laurel Canyon in L.A.’s Hollywood Hills. Also available without the furnishings, the unassuming, hacienda-inspired residence was purchased [...]

  • Leeza Gibbons House

    Leeza Gibbons Picks Up Hancock Park Cottage

    Emmy winning entertainment news mandarin, mineral makeup mogul and indefatigable philanthropist Leeza Gibbons has splashed out almost $5.5 million — a bit more than the just under $5.4 million asking price — for a historic home in L.A.’s historically hoity-toity Hancock Park neighborhood. Fully restored and thoroughly updated in a manner that seamlessly mixes and [...]

  • Jon Voight House

    Jon Voight Seeks $20 Million for Beverly Hills Spread

    After almost 25 years in residence, Oscar-winner Jon Voight, also known to the world as Oscar winner Angelina Jolie’s father and a conservative political firebrand, has hung a $19.75 million price tag on his longtime spread along a famously celeb-favored gated enclave in the mansion-strewn mountains above Beverly Hills. The “Coming Home” and “Midnight Cowboy” [...]

  • James Gunn House

    James Gunn Sheds Secluded Celeb-Pedigreed Pad

    Superhero specialist filmmaker James Gunn has sold a secluded estate nipped away the rolling foothills above Malibu’s Big Rock Beach for not quite $6.9 million. Now at work on the upcoming “Suicide Squad” sequel and the long-planned “Starsky and Hutch” reboot, the “Guardians of the Galaxy” franchise filmmaker acquired the showbiz-pedigreed retreat almost three years [...]

More From Our Brands

Access exclusive content