Eric and Susan Smidt-old house-Beverly Park.docx

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    Eric Smidt Lists

    (Village-like)Beverly ParkCompound

    EMAILPRINT

    17TALK

    MARCH 25, 2014 |03:02PM PT

    By Mark David

    mailto:?subject=Eric%20Smidt%20Lists%20(Village-like)%20Beverly%20Park%20Compound&body=Check%20out%20this%20article%20from%20Variety%3A%20http%3A%2F%2Fvariety.com%2F2014%2Fdirt%2Freal-estalker%2Feric-smidt-lists-village-like-beverly-park-compound-1201237697%2Fmailto:?subject=Eric%20Smidt%20Lists%20(Village-like)%20Beverly%20Park%20Compound&body=Check%20out%20this%20article%20from%20Variety%3A%20http%3A%2F%2Fvariety.com%2F2014%2Fdirt%2Freal-estalker%2Feric-smidt-lists-village-like-beverly-park-compound-1201237697%2Fhttp://variety.com/2014/dirt/real-estalker/eric-smidt-lists-village-like-beverly-park-compound-1201237697/#commentshttp://variety.com/2014/dirt/real-estalker/eric-smidt-lists-village-like-beverly-park-compound-1201237697/#commentshttp://variety.com/2014/dirt/real-estalker/eric-smidt-lists-village-like-beverly-park-compound-1201237697/#commentshttp://variety.com/author/markdavidvariety/http://variety.com/author/markdavidvariety/http://pmcvariety.files.wordpress.com/2014/03/7790e-esmidt_bh_pics1.jpghttp://pmcvariety.files.wordpress.com/2014/03/7790e-esmidt_bh_pics1.jpghttp://variety.com/author/markdavidvariety/http://variety.com/2014/dirt/real-estalker/eric-smidt-lists-village-like-beverly-park-compound-1201237697/#commentshttp://variety.com/2014/dirt/real-estalker/eric-smidt-lists-village-like-beverly-park-compound-1201237697/#commentsmailto:?subject=Eric%20Smidt%20Lists%20(Village-like)%20Beverly%20Park%20Compound&body=Check%20out%20this%20article%20from%20Variety%3A%20http%3A%2F%2Fvariety.com%2F2014%2Fdirt%2Freal-estalker%2Feric-smidt-lists-village-like-beverly-park-compound-1201237697%2Fmailto:?subject=Eric%20Smidt%20Lists%20(Village-like)%20Beverly%20Park%20Compound&body=Check%20out%20this%20article%20from%20Variety%3A%20http%3A%2F%2Fvariety.com%2F2014%2Fdirt%2Freal-estalker%2Feric-smidt-lists-village-like-beverly-park-compound-1201237697%2F
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    SELLER: Eric and Susan SmidtLOCATION: Beverly Hills, CAPRICE: $45,000,000SIZE: 11,204 square feet (main house), 10 bedrooms, 17.5 bathrooms (total)

    YOUR MAMAS NOTES: In early 2005discount tooltycoon Eric Smidtnot to beconfused, butter beans, with similarly named Google gajillionaire Eric Schmidt*paid$39,352,500 for a fabled Beverly Hills estate known round the worldor at leastthroughout Tinseltownas The Knoll.** Mister Smidt and his wife, Susan, quicklyembarked on a recently completed an full-scale, down-to-the-studs renovation of theentire property so it comes as no surprise to this property gossipas we first heard fromeagle-eyed informant Bella dBallthat theyve (finally and) quietly pushed their oldcompound in the guard-gated Beverly Park development up for sale with an officialasking price of $45,000,000.***As best as Your Mama can tell for a careful parse of the property records Mister Smidtand his wife, Susan, acquired the two parcels that make up their five acre Beverly Park

    estate in two separate transactions. In July 1995 they paid former professional icehockey hunk Wayne Gretzky an unknown sum for the smaller of the two parcels andseveral years later (November 1999) they snatched up the slightly larger second parcelfor $3,054,545.

    The couple custom-built a sprawling, multi-structure Italianate compound that arguablyhas more in common with a Tuscan village than what the less well-heeled hoi polloiconsider a private residence. In addition to a multi-winged main residence that the LosAngeles County Tax Man pegs at 11,204 square feet, the estate includes two guesthouses, an octagonal pool house, staff quarters, and an at-home office complex with

    three offices and a conference room.

    A short, tree-shaded drive and massive gates open to a cobblestone motor court withwith central fountain. We counted garage parking for at least nine cars plus extensivesecondary and tertiary parking areas that accommodate, according to listing details,upwards of thirty cars. All this discrete, off street parking is a bonus when you own anestate that surely requires a small army of domestic servants, landscape maintenanceworkers and personal assistants who would otherwise have to park their Hyundai, Kiasand Hondas on the street for the neighbors to see. While the L.A. County tax man showsthe main house has 7 bedrooms and 10 bathrooms, listing information goes one toreveal there are a total of ten bedrooms and 17.5 bathrooms throughout the property

    including a master suite with dual bathrooms and dressing rooms.

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    A double height foyer with dramatic groin vaulted ceiling and over-scaled chevron patternhoney-blond wood floors leads to an almost ecclesiastical, step-down formal living roomwith marble mantled fireplace, groin-vaulted ceiling, and a trio of wrought iron accentedFrench doors with massive semi-circular transoms. The groin-vaulted ceiling treatmentextends into the adjoining formal dining room where listingphotosshow a round, inlaid

    marble table surrounded by eight brocade-upholstered chairs. (Your Mama would beshockedshocked, we tell youto learn this dining room isnt capable of holding asecond, equally sized table so that 16 can comfortably be sat for a sit down dinner.Online marketing materials go on to mention or pictorially represent a double-heightlibrary (with fireplace), a double-island kitchen flanked by a roomy informal dining areaand a spacious family room, a (probably temperature controlled) wine cellar, and a plushscreening room done in decadent shades of blood. Not shown in photographs butmentioned in listing descriptions is a coiffure salon because when youre this rich andpampered you do not hump down the hill to slum it with the hoi polloi at Frederick Fekkai,you pay extra and dearly to have Fredrick Fekkai come to you and do up your do in yourprivacy of your ownhairsalon, right?****The lavishly landscaped and painstakingly maintained grounds include numerous hedge-lined lawns, vast terraces and shaded loggias for outdoor entertaining, several parterregardens with obelisks and fountains, a raised bed kitchen garden and small citrus grove,a swimming pool, and a lighted tennis court.

    Since its inception in the early1990s Beverly Parkhas been much coveted by celebrities,foreign potentates and other captains of their industries who have a thing for privacy,security and palatial mansions. Current residents include (but are far from limited to)Sumner Redstone, Sylvester Styllone, Paul Rieser, Denzel Washington, (Prince) Alexvon Frstenberg, Haim Saban, Bruce Makowsky, Jami Gertz (and her financier hubby),Rod Stewart, Ron Tutor, Avi Arad, Reba McEntire, and Eddie Murphy.

    There are not, as far as we can tell, any Beverly Parkestates currently listed on the openmarket although were surethat if you know who to call there are at least several that areavailable as off-market whisper listings. This scarcity of available estates is good for theSmidts but whats maybe not so good for them is that the last few sold for substantiallyless than the $45 million price tag theyveslapped on their double-lot spread.In June 2012 Beverly Hills plastic surgeon Paul Nassif and entrepreneurial former RealHousewives of Beverly Hillscast member Adrienne Maloofsince bitterly divorvedsoldtheirapproximately 13,000 square foot faux-French chateaufor $19.5 million to a U.S.-based Pakistani textile tycoon. A few months laterproducerLili Zanuckher latehusband was producer Richard Zanucksold her nearly 12,000 square foot red-brickGeorgian for $20,000,000 to a foreign buyer whoweve been repeatedly toldwould

    like toknock it down and build something much largerand far more modern.In June 2012 mid-priced handbag designer turned high end house flipper BruceMakowsky paid comedian Martin Lawrence for $17,200,000 for a 13,000+ square footmansion that he sold just a year later for $24 million toso the scuttlebutt goesGyrgyGattyn, anunusually handsome and often scruffy-faced billionairewho is one ofHungarys wealthiest men. The most recent Beverly Park sale that this property gossipknows went down in early March of this year (2014) when former professionalbaseballerBarry Bonds sold his 17,000-ish square foot Mediterraneanmanse for$22,000,000.In addition to their pair of high maintenance estates in Beverly Hills and Bevelry Park,Mister and Missus Smidt also own a contemporary, ocean front compound on Malibusquickly disappearing Broad Beach that that they scooped up in 2003 for $14,950,000. Itsright next door to Steven Spielbergseven larger ocean front spreadand just a few doorsdown from Pierce BrosnansBalinese-y beach house-mansion.

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    *Eric Schmidtnot to be confused with Eric Smidtis a software engineer whoscurrently the executive chairman of Google who maintains whole bunch of of highpriced homes that include (but may not be limited to) a compound in ber-affluentAtherton, CA, a stunning,high-maintenance estate in Montecito, CA,that he pickedup in 2007 from inveterate house hopper and chat show host Ellen DeGeneres, anda large in-town house in Nantucket (MA) where wevebeen told but cantconfirmMister Schmidtsestranged missus, Wendy, spends a great deal of her time. Thentheresthe 6,000 square footduplex penthousein ManhattansFlatiron Districthereportedly picked upin mid-2011 for $14.6 million and last month the MisterSchmidtshelled out $22 millionfor Gregory Pecksformer manse in the Holmby Hillsarea of Los Angeles that happens to be just down the street from the A. QuincyJones designed house Ellen DeGeneres and Porta Di Rossi DeGeneres picked up afew months ago for almost $40 million. But we digress

    **The Knollwas designed by architect Roland Coates and built in the 1950s for oil-

    rich widowLucy (Smith) Doheny Battsonand her financier (second) husband, LeighBattson. The 10-ish acre spread was later owed by movie producer Dino DeLaurentiis, country music honcho Kenny Rogers, and the late (and famously rotund)oilman turned Hollywood power broker Marvin Davis and his philanthropic wifeBarbara. The Smidts hired esteemed architects(William) Hablinkskiand(Richard)Manionto transform the original 27,000 square foot streamlined contemporaryGeorgia into a white brick Regency residence.

    ***Some of the children may recall that Your Mama heard wordmore than a year agothat Mister and Missus Smidt planned to slap a forty-or-so million dollar price tag ontheir Beverly Park compound.

    ****Use your noggins, children. Your Mama really has no idea if Mister and/or MisterSmidt have theirhaircut by Frederic Fekkai or any other name brand hair carespecialist but given that they installed a coiffuresalonin their home itsa pretty safebet they do, at least occasionally, bring in professionals people to cut and coiffuretheir hair.Anyways

    listing photos: Nick Springett forColdwell Banker

    aerial image (bottom): Google

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