This Colossal Beverly Hills Mansion Just Sold for $35 Million

Doug Barnes
Beverly Hills, Calif.
$34.6 million
14,279 square feet, 7 bedrooms, 11 bathrooms

As the world marches relentlessly further into this so-called Information Age, the notion of secrecy seems almost an anachronistic delusion. These days, everybody knows everybody’s business. Big Brother smiled as he oversaw the rise of Wikileaks. The Panama and Paradise papers rocked scores of the globe’s billionaires.

Oddly – or perhaps consequently – opacity in the high-end real estate market has only increased. For reasons oft mundane but occasionally nefarious, buyers savvily cloak their extravagant compound purchases behind a maze of corporate veils. Take the case of an enormous Beverly Hills estate that sold days ago for $34,620,000, marking the city’s biggest residential deal of 2019. So far, at least.

The buyer’s identity is masked behind the usual sort of shield. Who actually bought the place remains unconfirmed. Still, there are clues. It seems obvious the buyer is foreign – the home was purchased through an entity linked to one Hristo Yordanov Hristov, a fella who is either a prominent Bulgaria-based arms dealer or shares his name with a prominent Bulgaria-based arms dealer.

So flows the murky river of the ultra-wealthy’s property purchases. Fortunately, such secrecy is fleeting and the buyer’s identity will eventually graduate to public knowledge. But for now, let’s discuss the estate itself, which sports an interesting (if nebulous) celebrity pedigree.

The 14,279-square-foot manor was built by former Israeli military guy turned successful mega-mansion developer Gala Asher in conjunction with the property’s owners, an obviously successful Dallas-based eyewear entrepreneur named Dr. Doug Barnes and his wife Molly. The spec-house was completed way back in 2014 and initially listed for $55 million, so Hristov – or whoever actually bought the colossus – got a sweet deal. Depending on how one sees it, of course.

Asher’s homes tend to be boxy structures with monolithic interior spaces, contemporary finishes and hundreds of recessed lights. This one is no different. Any NBA star will feel comfortable under the 25-foot ceilings, and the dazzling 80-foot-long computerized waterfall will leave guests’ jaws a-hangin’. There are 7 bedroom suites – three downstairs, four up – and the hedonistic 3,200-square-foot master suite verges on the ridiculous. That’s more than double the size of the average American home, for anyone curious.

Other fun interior accountrements include a home theater, an all-glass wine closet and a conference room. Outdoors, the .9-acre property has a sizable backyard with a negative-edge pool and adjacent cabana. A ring of palm trees encircling the lot enhances its privacy, and the property is also walled and gated. Naturally. Best of all – or perhaps not for those boycotting – the house is a tempting five-minute walk to the Beverly Hills Hotel and its delicious Polo Lounge.

The Barneses continue to be based out of their 23,000-square-foot mansion in Dallas. As for Asher, chalk up another success for the man who has sold past projects to the likes of Kris Jenner and billionaires Tom Gores and Steven A. Cohen. And he’s got more still in the hopper, including a $135 million monster in the nearby Benedict Canyon area.

Before the new palace was constructed, this estate featured a more modest ranch-style residence. For many years – beginning sometime in the 1970s until her 1994 death – that house was home to the late, great Dinah Shore.

In 2005, the property was acquired by Jodie Foster, who held onto it for six years but never moved in. Apparently, Foster wanted to raze the existing structure and build anew – for whatever reason, those plans never came to fruition. It was Foster who sold the estate to the Barneses in 2011 for $8.3 million. And the rest is, well, history.

So who actually bought the unrecognizable former Shore-cum-Foster estate remains unknown. Yet nothing stays buried for long – especially in L.A., where folks love to gab. But for now, savor the mystery.

The house was listed by Ginger Glass of Coldwell Banker.
The buyer was represented by Jimmy Heckenberg of Rodeo Realty.

More Dirt

  • Dr Dre Selling Woodland Hills Mansion

    Dr. Dre Seeks Sale of Woodland Hills Mansion

    A lavish mansion in a quietly ritzy, guard-gated enclave discreetly nestled into the rugged foothills above L.A.’s Woodland Hills, long owned by Andre Young, aka rapper, record producer and near-billionaire entrepreneur Dr. Dre, has come for sale at $5.25 million. Dre himself, worth about $800 million, according to Forbes, hopes to more than double his [...]

  • David Arquette Buys Lake Arrowhead Mansion

    David Arquette Tees Up Retreat in Lake Arrowhead

    Not quite two years ago, David Arquette quietly dropped about $1.4 million to acquire a lodge-style home in the scenic, California mountain resort community of Lake Arrowhead that first popped up for sale at next to $1.9 million and is now on the market at just under $1.6 million. Listed with Meghan Hardin-Griffiths at Coldwell [...]

  • Ed Ruscha House

    Ed Ruscha Adds Beverly Hills Villa to Packed Portfolio

    A lovingly preserved house nestled high in the Beverly Hills enclave of Trousdale Estates has sold for $8.4 million, and the buyers are iconic pop artist Ed Ruscha and his longtime wife, Danica. Sprightly 81-year-old Ruscha, who famously migrated from Oklahoma City to Los Angeles in the 1950s, is now both the artist most oft-associated [...]

  • Dana Brunetti House

    Dana Brunetti Lists Showbiz Pedigreed Pad in Toluca Lake

    Film and television producer Dana Brunetti has hoisted a showbiz pedigreed property in Los Angeles’ historic, entertainment industry-favored Toluca Lake community up for sale at $6.25 million. Not counting carrying costs, extensive upgrades and considerable real estate fees, the six-time Emmy-nominated “House of Cards” producer, also a two-time Oscar nominee (“The Social Network,” “Captain Phillips”) [...]

  • $75 million Bel Air house

    Zillow-Loving Chinese Billionaire Buys $75 Million Bel Air Megamansion

    According to the Wall Street Journal, an enormous estate in the Bel Air foothills has sold for a breathtaking $75 million — and the mega-bucks buyer hails from Mainland China. And indeed, although the grant deed is not yet officially filed, it’s widely known in Platinum Triangle real estate circles that the all-cash buyer is [...]

  • Zayn Malik House

    Zayn Malik Reduces Price on Bel Air Home

    Former boy bander Zayn Malik, who would like to be known mononymously as just Zayn, has re-listed his secluded hideaway in L.A.’s posh Bel Air community with a reduced price of just under $3.2 million. The heavily tatted 26-yearold One Direction star, who released his 27-track sophomore solo album, “Icarus Falls” in December 2018, acquired [...]

  • Harry Styles House

    Harry Styles Takes Huge Hit on Sale of Sunset Strip Home

    Harry Styles was so ready to get rid of his sleekly appointed pied-à-terre above Los Angeles’s perennially chic Sunset Strip, he’s taken a huge loss on the property, selling the multi-level contemporary after more than two years on the market for $6 million. That’s a pearl-clutching $870,000 less than the English pop star paid three [...]

More From Our Brands

Access exclusive content