A Los Angeles mansion hit the market Wednesday for the first time in 25 years with a price tag of $25.5 million.
Sitting on 1 acre in the exclusive Bel-Air neighborhood, the Regency-style residence complete with a mansard roof was built in the 1950s, and was later renovated by architect John Elgin Woolf. Many classic details remain, including an impressive entrance with black lacquered double front doors and a copper crown and oval-shaped windows, according to the listing with Andrew Beyer of Douglas Elliman Realty. He shares the listing with Shane McCoy Fermelia of Carolwood Estates.
“This is an opportunity to own a quintessential Bel-Air estate with endless pedigree,” he said in an email. “It’s rare to find a French Regency that is updated to today’s standards.”
The home is set up for entertaining, which stands to reason since the seller is one of the city’s most famous hostesses, Stephanie Booth Shafran, author of “You’re Invited: Classic, Elegant Entertaining.” Her husband, Steve Shafran, who is a senior adviser at the financial services firm Centerbridge. They were not available for comment.
Events may start in the large living and dining room—centered by a fireplace with a marble mantel—then amble out of the French doors to a covered terrace featuring in-ceiling heaters, an outdoor fireplace and several lounging areas, the listing said.
There’s also a chef’s kitchen with banquette seating, plus a bar and library adjacent to the main living area that doubles as a TV room.
The primary suite is on the main floor as well, boasting garden views, a marble fireplace and two full bathrooms and dressing rooms, according to the listing. There are four bedrooms on the upper level, as well as another living room.
An additional bedroom and bathroom can be found in the detached guest house, which also has a separate gym and office. Outside, the grounds feature a pool and spa, a vegetable garden, a manicured lawn and a hidden, turfed play area near a quiet knoll under a grove of heritage Oaks, the listing said.
“The buyer of this home will hopefully be somebody with a sophisticated taste in design and an appreciation for the absolute highest level of detail,” Mr. Beyer said.
The property last traded in 1997 for $4.25 million, according to property records.
View Listing | Offered at $25,500,000 | Represented by Shane McCoy Fermelia
