Kurt Rappaport, the co-founder of the Beverly-Hills-based Westside Estate Agency sold a completely rebuilt estate on a prime residential street near the Beverly Hills Hotel for about $24 million. It is the highest-priced residential sale in Beverly Hills so far this year. The last home he sold was to Tom Cruise for $30.5 million in 2007.
Designed by Waldo Fernandez, the mansion Rappaport just sold sits on nearly three-quarters of an acre, and includes eight bedrooms and nine-and-a-half bathrooms in 15,000 square feet. It has a two-story entry and a two-story dining room, a paneled library and billiard room, a bar, a theater, a wine cellar, a gym, and an eat-in kitchen. The property also has great lawns, trees, a motor court, infinity pool, and a guest house. Last year, Rappaport had his listing on the market for $28.5 million, but withdrew it in the late summer. He paid about $13.2 million for the property in 2008.
Via: LA Times