July 11--Formal hedges, manicured gardens and fountains bring a sense of decorum to this 1920s Italianate estate. A grand foyer with stenciled wood flooring, a library with a bar and wainscoting are among features of the main house.
Location: 721 N. Rexford Drive, Beverly Hills 90210
Asking price: $11.5 million
About the asking price: If not purchased before July 26, the home will be sold through an online bidding site called Plumbid. It uses a descending bidding method in which the price will drop in random increments until a winning offer is accepted.
Year built: 1921
House size: Five bedrooms, seven bathrooms, 5,957 square feet
Lot size: 14,703 square feet
Features: Wine cellar, breakfast room, second-floor terrace, guesthouse, swimming pool with a spa, outdoor barbecue and pizza oven
About the area: Last year, 319 single-family homes sold in the 90210 ZIP Code at a median price of $3.735 million, according to CoreLogic. That was a 6.7% price increase from 2013.
Agents: George Penner, (626) 683-0777, and Joshua Gaunya, (310) 275-1000, both with Deasy Penner Partners
To submit a candidate for Home of the Week, send high-resolution color photos via Dropbox.com, permission from the photographer to publish the images and a description of the house to homeoftheweek@latimes.com.
