Fashion Industry Moguls List Beverly Park Mansion for $47.5 Million

Fashion Industry Moguls List Beverly Park Mansion for $47.5 Million

  • Wall Street Journal
  • 01/6/24

Beverly Park, the pricey, exclusive gated community in Beverly Hills, is starting off the year with a major home listing. Fashion industry moguls Mel and Susan Geliebter are listing their roughly 18,000-square-foot, five-bedroom home in Beverly Park for $47.5 million.

Over the years, Beverly Park has drawn celebrity residents including Denzel Washington, Sylvester Stallone and Mark Walhberg. In December 2023, British rocker Rod Stewart raised the price of his Beverly Park estate to $80 million after listing it for $70 million in June.

The Geliebters founded the denim manufacturer RSV Sport, which they sold to Jones Apparel Group in 2002 for $310 million. They bought their roughly 3-acre Beverly Park property in 1999 for $7.5 million, then razed an existing house and built a gated Tuscan-style estate in its place. Completed in 2006, the home has a swimming pool, two motor courts and a pavilion, according to listing agents Linda May of Carolwood Estates and her colleague Alex Soriano, who is the Geliebters’ granddaughter.

The Geliebters said they constructed the house with features inspired by their travels through Europe, hiring artisans from Italy and England. A wood-paneled office was modeled after the Hotel Danieli in Venice, while the limestone wine cellar resembles a wine cellar they saw in Burgundy, France, Mel said. The wine cellar can hold around 3,000 bottles and sits adjacent to a large tasting room.

A roughly 40-foot rotunda serves as the home’s entryway. Inside the house there are antique fireplaces from France and cathedral ceilings, including one in the formal dining room that was hand-painted by three artists, Mel said. A 30-seat movie theater with velvet sofas opens to a lounge with a bar made of stones sourced from Verona, Italy. “If you don’t like the movie, you can sit at the bar,” he said.

On the mountainside at the edge of their yard, the Geliebters installed a terrace with an outdoor kitchen and dining area that can seat around 30 people. They loved to entertain on the property and often hosted tented parties on the front lawn.

“My whole life growing up was going over to the house and experiencing all the fun parties, like the Fourth of July and the Super Bowl,” Soriano said.

According to Mel, they are listing the property because they want to downsize.

May said the exclusive community generally has no more than five listings at a time. Beverly Park had several notable sales last year: In February 2023, Mark Walhberg sold his property for $55 million. A few days later, the home of the late Roy T. Eddleman, a maker of biotech lab tools, sold for $52 million. In August, Rockstar Energy drink creator Russ Weiner sold his newly renovated estate for $25 million.

 

View Listing | 38 Beverly Park Cir

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