April 06--A newly built home in the Doheny Estates area of Hollywood Hills West has sold for $20 million, one of the priciest transactions historically for the affluent pocket within the Bird Streets neighborhood, according to sources with knowledge of the sale.
The 8,290-square-foot modern designed by architect Paul McClean listed for sale in February for $23.95 million and was in escrow after three weeks on the market. It is the most expensive sale for the sub-area since 2013, when filmmaker Megan Ellison sold a nearby home to Gateway cofounder Ted Waitt for $20.5 million.
Developer Cody Leibel, the son of Canadian businessman and homebuilder Lorne Leibel, said his father's advice helped shape the glass-wrapped residence, which was designed in such a way that the interiors are naturally lit by the movement of the sun.
"My dad, coming from a guy who has built 40,000 homes, once told me, 'You will never have to turn on a light in a great house', he said. "Until the sun [goes] down, there's not a single light that needs to be turned on in this house."
Walls of glass and slab marble, 12-foot ceilings and meticulously placed skylights and windows lend a museum-like quality to the home, which has an open-plan living room, a dining room with a glass-enclosed wine wall and a chef's kitchen/bar.
On the lower level, divided by a sculptural waterfall and glass-bottom reflecting pool, has a screening room, a den with a wet bar, a game room and a gym. The master suite has a private terrace and a fire feature for a total of five bedrooms and five bathrooms.
A 130-foot infinity-edge swimming pool wraps around the edge of the property. Views take in the downtown cityscape and the Pacific.
Justin Paul Huchel and Drew Fenton of Hilton Hyland, an affiliate of Christie's International Real Estate, were the listing agents. Michael Eisenberg of Keller Williams Beverly Hills represented the buyer.
Twitter: @NJLeitereg
