$65,000,000
$10M PRICE DROP

Estimated payment $397,171/month

Total Views 116,337
10 Beds
19 Baths
21,000 Sq Ft
$3,095 Price per Sq Ft

Highlights

  • Detached Guest House
  • Tennis Courts
  • Home Theater
  • Warner Avenue Elementary Rated A
  • Wine Cellar
  • Heated In Ground Pool

About This Home

The Reserve is an extraordinary, architecturally significant estate situated on two ultra-private acres in the heart of Holmby Hills. Surrounded by swaying palm trees, lush forestry and immaculate landscaping, this secluded oasis is an exceptional vision of modernist architecture. The Reserve was recently refined by a team of expert designers and international craftsman who have carefully expanded the estate to create two properties that function for modern day living whilst exuding old Hollywood glamour. At 11,000-square feet on a single story, the main house's proportions are palatial. The ceilings are a spectacular 14-feet high, and vast floor-to ceiling windows offer uninterrupted views of the beautifully landscaped gardens, water features and the 50-foot swimming pool. Inside the house there are five spacious bedroom suites including a master wing, as well as a tremendous family kitchen/dining room, wine room, two magnificent living spaces featuring a Hollywood art deco bar and formal lounge for entertaining, a 1920s French regency-style cinema, a tranquil study and a spectacular playroom. The most significant addition to the estate is the three-story guest house. At 10,000-squarefeet, it is as luxurious and imposing as the main house, with five large bedroom suites, seven bathrooms, a kitchen and living area, gymnasium, spa, and a carport. It has been thoughtfully designed so that the lower level can operate as an independent apartment. The front of the property elegantly mirrors the exact style and dimensions of the main house, with majestic pillars and huge floor-to ceiling windows, while the rear of the house is an impressive three-story architectural spectacle, revealed through lush greenery.

Listing Agent

David Parnes

Carolwood Estates License #01905862

Co-Listing Agent

Mauricio Umansky

The Agency License #01222825

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $412,555

Year Built

  • Built in 1960

Lot Details

  • 1.88 Acre Lot
  • Lot Dimensions are 196x415
  • Property is zoned LARE40

Property Views

  • Hills
  • Pool

Home Design

  • Art Deco Architecture
  • Flat Roof Shape

Interior Spaces

  • 21,000 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Home Gym
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Ice Maker
  • Fireplace in Kitchen

Flooring

  • Wood
  • Stone
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Washer

Parking

  • 10 Car Garage
  • Private Parking
  • Circular Driveway
  • Auto Driveway Gate
  • Brick Driveway
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Open Patio
  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4358-005-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$412,555

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Art Deco
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 21000
  • Lot Acreage: 1.8817
  • Lot Dimensions: 196x415
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Guest House, Kitchen, Primary Retreat, Fire Pit, Dining, Patio, Exterior
  • Flooring: Wood, Marble, Stone Tile, Mixed, Tile
  • Bedrooms: 10
  • Full Bathroom: 13
  • Half Bathroom: 6
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room, Inside
  • Total Bathrooms: 19.00
  • Den: 0
  • Equipment: Built-Ins, Washer, Refrigerator, Range/Oven, Elevator, Alarm System, Barbeque, Freezer, Bar Ice Maker, Hood Fan
  • Price Per S Q F T: 3095.24

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Roof: Flat
  • Spa: Hot Tub, Private
  • Spa Yn: Yes
  • View: Hills, Tree Top, Pool
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Circular Driveway, Private Garage, Private, Parking for Guests - Onsite, Driveway Gate, Driveway - Brick
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central, Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4358-005-006
  • Lot Size Area: 81968

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $412,555 $34,216,246 $30,119,013 $4,097,233
2023 $404,413 $33,545,341 $29,528,445 $4,016,896
2022 $385,398 $32,887,590 $28,949,456 $3,938,134
2021 $380,931 $32,242,736 $28,381,820 $3,860,916
2019 $343,295 $29,070,000 $27,540,000 $1,530,000
2018 $316,262 $26,335,520 $23,702,145 $2,633,375
2016 $297,312 $24,852,832 $22,781,763 $2,071,069
2015 $292,898 $24,479,520 $22,439,560 $2,039,960
2014 $293,632 $24,000,000 $22,000,000 $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Price Changed $65,000,000 -13.3% $3,095 / Sq Ft
05/15/2024 05/15/24 For Sale $75,000,000 +212.5% $3,571 / Sq Ft
08/16/2013 08/16/13 Sold $24,000,000 -3.8% $2,399 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $24,950,000 -- $2,494 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $28,500,000 First American Title Company
Quit Claim Deed -- First American Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $24,000,240 First American Title Ins Co
Grant Deed $7,000,070 Fatcola-Resale
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000,000 Credit Line Revolving
Previous Owner $13,080,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 24-386085

The MLS

APN: 4358-005-006