We hear through the Platinum Triangle property gossip grapevine that fashion designer Pamela Skaist-Levy and her husband, director-producer Jeff Levy, are allowing their storied estate at the eastern border of Beverly Hills to be quietly shown to qualified buyers who don’t balk at the roughly $50 million price tag. Set behind imposing gates, the stone manor house was built in the 1930s by pioneering developer Burton Green, who also built the Beverly Hills Hotel. Burton’s daughter Liliore Green Rains reclusively occupied the manse until her death in the mid-1980s, when the property was sold to media mogul Merv Griffin. As the co-founder of the ubiquitous Juicy Couture brand, Skaist-Levy and her partner, Gela Nash-Taylor, the wife of Duran Duran guitarist John Taylor, are the women responsible for the early 2000s velour tracksuit craze and, in February 2005, not quite two years after the women sold their company for $200 million, the Skaist-Levys acquired the three-acre estate for $17.5 million from former Ticketmaster chief exec Fred Rosen.
Exuberantly decorated by designer Peter Dunham in a manner he described in C magazine as “Duchess of Windsor-meets-Iron Maiden,” the sumptuous residence weighs in at around 10,500 square feet, with eight bedrooms and 10 bathrooms, per L.A County tax records, and includes an oval entry with inlaid marble floor and sweeping staircase, baronial living and dining rooms — both with fireplaces — and a paneled den with multi-paned bowed window. The grounds encompass a vast front lawn, swimming pool and tennis court separated by a substantial pool house, and a rose garden where, the story goes, Nancy Reagan used to pop by and clip blooms during Griffin’s residency. Tucked into a dense stand of pine trees at the back of the estate, a rustic but deluxe redwood cabin is original to the property.