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The $75 Million Penthouse That Could Shatter L.A. Condo Records

The $75 Million Penthouse That Could Shatter L.A. Condo Records

From ornate mansions in the hills to elegant downtown skyscrapers, lavishly designed and high-priced homes reign supreme in Los Angeles. But now, one of the world’s leading luxury hotel chains may break records on both fronts with its newest branded residential listing.

With 70 percent of its 58 units already sold, Four Seasons Private Residences Los Angeles, which was developed by Jonathan Genton, already stands out as Four Seasons’ first independent residential project in North America (ie, without a hotel). Of the brand. This week, the 12-story property near Beverly Hills made headlines again by listing its extraordinary two-level penthouse for $75 million, a record price for Los Angeles condominiums.

That top-floor residence spans 13,000 square feet and offers a design inspired by modern Case Study Houses built for post-war living between 1940 and 1960. For a personalized touch, the buyer will be able to customize the space and decide exactly how many beds and bathrooms you would like to create.

Genton revealed to robb report which, along with an open-concept floor plan, “the unit includes a 9,788-square-foot private rooftop garden oasis” with reflecting pools and a terrace offering 360-degree panoramas of the city. You’ll even have direct elevator access to the space, as well as your own private six-car garage.

If (or rather, when) it sells for its asking price, its steep asking price will break the current record of $35 million for a gated condo in the area, Genton said. The Wall Street Journal. That record was set in 2010 when Candy Spelling bought a penthouse at Century, a skyscraper in Century City.

However, if you’re interested but the price is making your head spin, don’t worry: the property has other units available starting at $3.25 million. Average residences are over 2,400 square feet in size and include retractable doors, landscaped outdoor terraces and professional-grade gourmet kitchens with Gaggenau appliances. Your private baths will feature high-quality fixtures and fittings that create a spa-like ambiance, while master baths will include deep soaking tubs, separate glass-enclosed showers, and dual vanities crafted from marble. Best of all, you’ll also have your own private garage in the underground parking area.

Genton notes that the building’s featured shared amenities will include “an indoor/outdoor fitness and wellness center designed by Harley Pasternak, a private workout room, a tiled saltwater pool with a zero-edge design, and private cabanas equipped with fans.” roof”. Not to mention, there’s also an immersive IMAX Private Theater Palais experience on-site with a 17-foot screen and seating for up to 18 people.

“At the time of inception, there was no project quite like Four Seasons Private Residences in Los Angeles, one that was coveted by global residents and sophisticated national buyers,” says Genton. “(It) offers premier real estate in a premier location.” Located on 3rd Street near the Beverly Center and across from one of Los Angeles’s two Four Seasons hotels, the property was born out of the brand’s global residential strategy to expand its luxury lifestyle experience by managing homes in popular locations. While Four Seasons currently has 47 branded residential properties open around the world, from Asia to the Middle East, stand-alone projects like this help the company expand its reach and act as a complement to mixed-use properties, while while offering a world-class design. , hotel-style amenities and five-star service.

More simply, as Genton puts it, the goal of the new US residences is to offer prime real estate in a sought-after area for “those who want to experience privacy and exclusivity on a daily basis. We have seen increased interest in branded residences in the city as service, luxury amenities, privacy and security become increasingly important to discerning ultra-high net worth buyers. The pandemic has put things in perspective for many people and we are seeing more sophisticated buyers who do not want to compromise on what is best for their families.”

For more information on all listings in Four Seasons Residences Los Angeles, visit the company’s website.

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