Trousdale Estates is associated with prestige because reputable architects design the houses. The latest property to go on the market is a $28 million Trousdale Estates house. It has been bought by an Indonesian heir, Adhika Bakrie. Bakrie is the son of Aburizal Bakrie. Although he comes from a family that was once Indonesia’s richest, with a net worth estimated at $5.4 billion, he still made a career in investment banking. Therefore he can afford to live a luxurious life hence his recent purchase of the property. Here is more about the house.
It Was Originally Priced at $39 Million
In 2020, there were several articles published, regarding a 12,500-square-foot home separated from the street by a 15-foot wall. Currently, sources cite the wall as measuring 13 feet high. Further, the home has a waterfall at the entrance and was on the market for $39 million. It is not just these two features that made the home fetch such a high price; the other features, plus its location, boost the cost. The house is in Beverly Hills’ Trousdale Estates, where celebrities like Elvis Presley, Frank Sinatra, and Dean Martin once called home. It was built in 2020 by renowned architect Mark Rios, making it his first specification project. Lisa and Jonathan Bloch led its development. Lisa is a publisher at one of the Beverly Hills couriers, while her husband is a real estate lawyer. Together they purchased the site in 2016 for $7.895 million. The house has six bedrooms, and the high wall and waterfall make for a few of its most breathtaking features. The water flows from the house’s top floor to the lower level, and into a reflecting pool. Designed to give a killer view of the Los Angeles, the house was listed for sale for the first time in June 2020. Its asking price was $39 million. A few months later, it went down to $34.85 million. The mansion was then taken off the market for a while before being listed again in April 2021 for $32.5 million. In September 2021, it went into contract, and Bakrie bought it for $28 million.
Other amenities in the mansion located at 514 Chalette Drive include a gourmet kitchen which, according to Yahoo, is equipped with Miele appliances, a butler’s pantry, a breakfast nook, and Italian cabinetry. Natural light floods the living space through a series of architectural skylights that Rios believes make the entire house look theatrical. All the main rooms have motorized pocketing glass doors that separate the indoors from the outdoors. The doors can disappear at the touch of a button, and Rios said that once they are out of the way, the house appears like a huge porch.
A fireplace with Saint Laurent marble adds a touch of elegance to the fireplace in the great room on the main level. A blue-velvet entertainment lounge is on the lower level, accessible through a staircase; you will also find a wine cellar marble bar and a screening room on this level. The house would be incomplete without a massage room, mirrored gym, beauty salon, steam showers, and staff quarters. It also has an elevator and Savant home entertainment system. The master en suite spans 1,600 square feet and comprises two dressing rooms, a marble bath with a soaking tub, and an office. The master bedroom is on the main level, along with three other bedrooms, all en suite. The highlight of the house has to be the unusual shape of the swimming pool that Rios included as a work of art. He explained that the pools are 20% for swimming and 80% for admiring. The mansion was sold fully furnished, and the 2,100-square-foot garage can occupy five vehicles.
Its Price Hardly Compares to Other Mansion in Trousdale Estates
Although $28 million is not pocket change, there have been houses in Trousdale Estates that have sold for over five times what the Indonesian heir paid. Business Insider called a home that once belonged to Danny Thomas the “crown jewel of Trousdale Estates.” Thomas built the house in 1970, but after his wife died in 2000, he sold it for $15 million. The price hiked, and in 2015, it was listed for $135 million, a figure that made it the second-most expensive home in Los Angeles then. Jeff Greene’s property which was on the market then for $149 million held the top spot; it had been originally listed for $195 million. Still, if a buyer paid the $135 million, the Thomas house would become the most expensive ever sold in Beverly Hills. Similar to this $28 million mansion, the $135-million house was priced high because of the acreage and panoramic view. The listing agent said that the buyer would be paying for the house, grounds, and the best view in the city.
This is what Rios also believes about the mansion he designed because his goal was to capitalize on the killer view of the property. Such a mission lives up to the original vision of the Trousdale Estates developer. According to Erik Brown, the development of Trousdale Estates began in 1954, led by the Trousdale family. The developers promised wealthy people “life above all” if they invested in the property and built custom houses. The estate started as 425 acres and the developer, Paul Trousdale, bought 410 acres. He wanted it named after him; hence, “Trousdale Estates” was born. Luxurious homes became the norm because even the first clients to purchase the lots hired A-list architects to design dream homes for them. Rios is therefore continuing with a set tradition through his word-class firm, RCH Studios. Now that his first spec project has done so well, it is highly likely that he might become the go-to architect for other Trousdale Estates investors.