Billionaire filmmaker and artwork collector Katharina Otto-Bernstein has expanded her multimillion-dollar property portfolio, shopping for a Midcentury Fashionable-style trophy house in Beverly Hills.
An actual property entity related to the Otto Group fortune heiress—Otto Group is the e-commerce juggernaut that features the well-known decor chain Crate & Barrel—lately bought the roughly 6,500-square-foot residence in an all-cash deal for $13.8 million, in line with actual property sources conversant in the deal.
Set within the ultra-affluent enclave of Trousdale Estates, the four-bedroom house was inbuilt 1966 however lately obtained sweeping renovations to fulfill modern tastes.
Midcentury emblems, nonetheless, can nonetheless be seen all through the house, like partitions of movable glass, outsized residing areas and a single-story structure.
An array of stand-alone and wooden facade partitions will maybe grow to be the setting for a few of Otto-Bernstein’s renowned art collection, which incorporates works by Cézanne, Picasso and Grosz.
Connected to the rounded formal eating room is a powerful glass wine closet.
A motif of glossy strains and wooden grains run all through the home, seen within the overlay kitchen cabinetry, gray faux-wood wallpaper and vertical shelving behind a mirrored moist bar.
Different highlights embrace a comfy film theatre, a major bed room with twin closets and twin bogs and a examine with floor-to-ceiling built-ins.
Grassy patches cleanly define the house’s yard areas, together with a hearth pit, spa and swimming pool with a operating waterfall.
The Emmy-nominated producer of HBO’s Mapplethorpe: Take a look at the Photos presently sits at quantity 778 on the Forbes’ Actual Time Billionaires record with a reported internet value of $3.8 billion. She is presently a member of the board of administrators of the Metropolitan Opera in addition to the Worldwide Council of the Guggenheim Museum.
The itemizing was held by the late Jeff Hyland, co-founder of Beverly Hills-based Hilton & Hyland.
Hilton & Hyland is an unique member of Forbes Global Properties, a shopper market and membership community of elite brokerages promoting the world’s most luxurious houses.