A Paul Williams-designed Bel Air estate acquired four years ago is back on the market after an extensive renovation, and at a major price bump.
The Spanish-style Bellagio Estate is asking $75 million, more than twice the amount it sold for in 2015, according to the Los Angeles Times.
The 17,700-square-foot mansion has been sold five times since 2005, according to the report. It was overhauled following the 2015 purchase price of $38 million.
The home at 10410 Bellagio Road has seven bedrooms and nine bathrooms. The 1.7-acre property has two pools and spas, an outdoor cabana, tennis court, and a pool house.
Don Ziebell of Oz Architects led the recent renovation, and the work was done by Westside-based JRC Group construction.
The home is the latest $75+ million offering to hit the market in recent weeks. Hollywood producer Joel Silver listed his 26,000-square-foot Malibu estate last week for $77.5 million and the 27,500-square-foot “Glazer Estate” in Beverly Hills, owned by developer Guilford Glazer and his wife Diane, hit the market for $75 million in August.
Built in 1931, the Bel Air home belonged to the late Georgia Frontiere. The former majority owner of the Los Angeles Rams, Frontiere sold the home for $9 million in 2005.
Three years later, it was sold again, this time for $27.5 million. In 2010, a buyer scooped it up at a discount, for $18 million. Another buyer acquired the property a year after that for $19 million, before the latest sale, in 2015, for $38 million.
Paul Williams was one of the city’s most prolific architects and his homes have become increasingly sought after.
A year ago, songwriter Max Martin listed his Williams-designed home in Trousdale Estates for $11.5 million, seven years after paying $3.5 million. [LAT] — Dennis Lynch
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