8365 Sunset View Drive in Los Angeles (Google Maps)
What do you do when $1 billion in California Lotto proceeds flutters down the chimney? Buy a $25.5 million mansion in the Hollywood Hills.
Edwin Castro cashed in a $2 billion Powerball jackpot from a ticket bought at a gas station in Altadena, then bought a hilltop mansion at 8365 Sunset View Drive, Dirt.com reported.
His $997.6 million lump-sum payout last month allowed him to buy the 13,600-square-foot estate, which had been listed for nearly $30 million. His nearest neighbors include Ariana Grande, Dakota Johnson and Jimmy Kimmel.
The 30-something resident of Pasadena is now moving into a hilltop estate on more than half an acre, with views of glittery Los Angeles below.
Built into the side of a nearly sheer cliff, the blocky contemporary has five bedrooms, seven bathrooms and two powder rooms.
The three-level home, built last year by developer Roman James above the famed Chateau Marmont, was featured in Robb Report.
In terms of design, a cold gunmetal gray and charcoal on the outside becomes a warm beige stone on the inside.
The main floor has a vast living area anchored by a giant fireplace and kitchen with black granite countertops. Walls of glass retract onto backyard terraces with an outdoor kitchen and infinity pool.
Castro’s new manse has a recreation-themed bottom floor, with a gym, cold plunge pool, wine cellar, movie theater and sauna. On top, a master suite has a private balcony and a bathroom clad in slabs of black-and-white marble. Above that, there’s a rooftop deck.
For what may be a Powerball car collection, there are two separate garages that can house seven cars, plus a motor court for several more. With no landscaping to speak of, the jackpot winner can save on gardening and water bills.
Brokers Stefan Pommepuy and H. Blair Chang of The Agency held the listing. Max Lindenberger of Back Bay Realty Group represented the buyer.
— Dana Bartholomew
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The post $2B Powerball winner buys estate in Hollywood Hills appeared first on The Real Deal.
What do you do when $1 billion in California Lotto proceeds flutters down the chimney? Buy a $25.5 million mansion in the Hollywood Hills. Edwin Castro cashed in a $2 billion Powerball jackpot from a ticket bought at a gas station in Altadena, then bought a hilltop mansion at 8365 Sunset View Drive, Dirt.com reported.
The post $2B Powerball winner buys estate in Hollywood Hills appeared first on The Real Deal. Uncategorized, Luxury Real Estate The Real Deal
Lead by real estate veteran Robert Khodadadian, Skyline Properties has been instrumental in many multi-million dollar commercial developments, including a $12 million contract for the White House Hotel, a 99-year ground lease of a four-story commercial site in Harlem, and a retail co-op on Prince St. for $50 million.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.