Beverly Hills Trophy House Sells To E-Trade Heiress For $13.8 Million

Billionaire filmmaker and artwork collector Katharina Otto-Bernstein has expanded her multimillion-dollar assets portfolio, purchasing a Midcentury Fashionable-style trophy house in Beverly Hills.

An actual property entity hooked up to the Otto Team fortune heiress—Otto Team is the e-commerce juggernaut that incorporates the well known decor chain Crate & Barrel—lately bought the more or less 6,500-square-foot place of dwelling in an all-cash deal for $13.8 million, consistent with actual property resources acquainted with the deal.

Set within the ultra-affluent enclave of Trousdale Estates, the four-bedroom house used to be in-built 1966 however lately gained sweeping renovations to satisfy fresh tastes.

Midcentury logos, on the other hand, can nonetheless be observed all over the house, like partitions of movable glass, outsized dwelling areas and a single-story format.

An array of stand-alone and wooden facade walls will possibly turn out to be the atmosphere for a few of Otto-Bernstein’s famend artwork assortment, which incorporates works by way of Cézanne, Picasso and Grosz.

Connected to the rounded formal eating room is an outstanding glass wine closet.

A motif of swish traces and wooden grains run all over the home, observed within the overlay kitchen cabinetry, gray faux-wood wallpaper and vertical shelving in the back of a reflected rainy bar.

Different highlights come with a comfy film theatre, a number one bed room with twin closets and twin toilets and a find out about with floor-to-ceiling built-ins.

Grassy patches cleanly define the house’s yard areas, together with a hearth pit, spa and swimming pool with a operating waterfall.

The Emmy-nominated manufacturer of HBO’s Mapplethorpe: Have a look at the Footage these days sits at quantity 778 at the Forbes’ Actual Time Billionaires listing with a reported web price of $3.8 billion. She is these days a member of the board of administrators of the Metropolitan Opera in addition to the World Council of the Guggenheim Museum.

The checklist used to be held by way of the past due Jeff Hyland, co-founder of Beverly Hills-based Hilton & Hyland.

Hilton & Hyland is an unique member of Forbes International Homes, a client market and club community of elite brokerages promoting the sector’s most opulent properties.