Real Estate

Joel Silver slashes worth of Brentwood mega-mansion to $49 million

If at first you don’t succeed, slash, slash the worth. That’s Joel Silver’s technique in Brentwood, the place he simply relisted his sizzling pink mega-mansion for $49 million — a 35% low cost in contrast together with his earlier ask of $75 million.

Silver, the movie producer behind blockbuster franchises similar to “Die Laborious” and “The Matrix,” will nonetheless make a hefty revenue if he will get his worth. He purchased the property for $3.3 million in 1988 and razed the present construction, commissioning Mexican architect Ricardo Legorreta to construct a 25,000-square-foot mansion instead.

If it sells for $49 million, will probably be the third-priciest sale in Brentwood historical past behind Scooter Braun, who spent $65 million on a contemporary farmhouse final 12 months, and therapeutic massage chair mogul Matt Wollman, who unloaded his fortress-like property for $56.55 million just a few months later.

One of many brightest and boldest houses within the space, the pink compound is an ideal illustration of Legorreta, whose whimsical fashion introduced shade to each Mexico and the U.S., together with the 1994 redesign of Pershing Sq..

He completed Silver’s residence in 2001, sourcing many of the supplies from Mexico and bringing collectively modernist areas marked by geometric angles, towering skylights and pyramid-like ceilings. Highlights embody a 30-foot-high household room with hydraulic doorways and an atrium full with a mirrored image pool.

Elsewhere are eight bedrooms, 9 loos, a proper eating room, chef’s kitchen and facilities similar to an workplace, library, gymnasium, sauna and movie show.

A number of decks and a heated eating space overlook the yard, the place flat lawns encompass a swimming pool and spa. The grounds cowl 4.5 acres.

Branden and Rayni Williams of the Beverly Hills Estates maintain the itemizing.

Silver, 70, has been producing box-office hits because the Nineteen Seventies together with the “Predator,” “Matrix,” “Die Laborious” and “Deadly Weapon” franchises. His more moderen credit embody “Sherlock Holmes,” “Undertaking X” and “The Good Guys.”

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