20,000 sq feet, 6 bedrooms, 18 bathrooms, and 2 panic rooms – A mystery crypto billionaire has snapped this gorgeous LA mansion for $83 million

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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:

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

[Via: Dirt]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.