Milwaukee Brewers Minority Owner Asks $75 Million for Massive L.A. Estate

Milwaukee Brewers Minority Owner Asks $75 Million for Massive L.A. Estate

  • Wall Street Journal
  • 12/18/23

A Los Angeles estate built for a Milwaukee Brewers co-owner is listing for $75 million.

Known as Ocho Manos, the 3.5-acre estate in Brentwood includes a roughly 20,000-square-foot main house, according to listing agency Carolwood Estates.

The sellers are financier Robert Beyer, who is also a member of the Brewers’ advisory board, and his wife, Catherine Beyer.

Robert Beyer said in an email that the couple bought the main portion of the Brentwood site in 2000, after shopping for a large piece of flat land on which to build a home for them and their then-young children. At the time, the property contained a “beautiful but dated ranch house” built in the 1940s, Beyer said. The couple deconstructed the original house and donated portions of it to a museum. Subsequently, they expanded their footprint by acquiring three neighboring sites, including one that had been home to the Oscar-winning film director Frank Capra, Beyer said.

They then hired the late architect Bob Ray Offenhauser to design the eight-bedroom main house, which is Mediterranean-inspired with extensive stone detail. One of the biggest challenges, Beyer said, was finding authentic Mallorcan stone for the construction, because it could only be excavated in Spain. The couple found the general contractor responsible for the renovations at La Residencia hotel in Mallorca, Spain, and flew him to L.A. He agreed to excavate his existing building sites to provide the stone they needed. For about a year, he shipped massive crates of stone to the U.S.

“They were like wooden bakery boxes,” Beyer said.

The estate took about three years to build following nearly two years of design. Finished in 2005, it has a gym, a 1,200-bottle wine cellar, a game room and a gift-wrapping room. A storage room is customized for china, silver and glassware.

The Beyers also created a treehouse for their children. Suspended between four sequoia trees, it has a swinging bridge and a fire pole for sliding. The grounds also include an outdoor infinity pool, an olive allée, formal rose gardens, courtyards, water features, a tennis court and a separate basketball court.

Beyer said the couple “envisioned a house that seamlessly blended the indoors with year-round outdoor activities, all while providing secluded terraces and gardens so everyone could feel together even if they were apart.”

They named the estate Ocho Manos, which translates to “eight hands,” as a tribute to their four children.

Beyer, the former chief executive of investment firm The TCW Group, has been a minority owner of the Brewers since 2005. He said he and his wife split their time between California, Sun Valley, Idaho, and the South of France. They are selling, he said, because with their children grown, they are not making the best use of the house.

“I think a large, happy home with extensive grounds is like a fast car and it deserves to be ‘driven’ often,” he said. “While the house is very livable even for the two of us, much of the time we can’t possibly enjoy the extent of it, especially the spacious grounds.”

The property is listed by Drew Fenton and the Beyers’ son, Andrew Beyer, both of Carolwood Estates. Despite a declining volume of luxury deals across Los Angeles, Andrew Beyer said he sees continued demand for unique properties.

“There is no comparable flat acreage available on the West Side,” he said. “A property like this will always have its own submarket of specific demand.”

 

 

 

Follow Us on Instagram