The second-priciest California home sale of 2021 was accomplished owing to a crypto tycoon who has purchased the hilltop Pacific Palisades mansion for a whopping $83 million. The name of the billionaire buyer is under wraps, but not the fact that his fortune comes from his cryptocurrency holdings. The house that boasts a retractable roof and two panic rooms were also briefly offered for rent at the start of the COVID-19 pandemic, asking $350,000 per month. Let’s take a look inside this striking mansion that shattered residential sales records on the Westside of Los Angeles:
The Palisades house is the largest and grandest product to date of L.A. mega-mansion developer Ardie Tavangarian. It is set amongst leafy hillsides and famous neighbors like Tom Hanks and Rita Wilson.
The cozy home is a treasure trove of state-of-the-art amenities, massive ceilings, French windows, and several seating options make it look more like a luxury hotel than a home, but that’s what you get for spending millions.
The sprawling living room also has a dedicated dining area with a grand piano in the background contributing to the many luxe additions of this space. The dining table is expandable to make it longer for use.
An open kitchen plan blends seamlessly into the interiors with woody ceilings, shelves, and drawers. It would barely look like a kitchen at all if it weren’t for the state-of-the-art oven and island.
The master bedroom highlights the mansion bragging a one-of-a-kind retractable roof that grants uninterrupted views of the starry sky; you can choose to open the enormous sunroof or gaze through the glass. The ceiling also doubles as a projection screen, displaying movies to folks relaxing in bed.
The house is a monument of wood and glass, and aesthetics remain consistent throughout the home. The staircase is well-lit and enhanced by big showpieces.
A party-ready spa capable of accommodating a dozen guests is the place to hit for ultimate relaxation while delving into some fantastic nature views.
Other than the large living area, the home boasts other lounging rooms like this entertainment room pictured above, complete with a television, books, and a desk.
A house worth $83 million can’t come without a larger-than-life movie theatre. The designers have paid attention to detail and added wall-to-wall carpets, drop-down red velvet curtains, and comfortable seats.
If you’re more of a sauna than a spa person, you won’t be disappointed at the Palisades house. In addition to modern smart home amenities and security systems, the house is fitted with a roomy sauna room with views of the surrounding mountains.
The property has a $2 million curved wall that seemingly rises directly out of the infinity pool. The exterior is flanked with several cabanas, outdoor loggias with ample space for al fresco dining.