Julie Wainwright’s Beverly Hills Home Sells for $10.7 Million
Barely three months after Julie Wainwright put her strikingly trendy residence in a chief pocket of Beverly Hills up on the market at almost $12 million, the founder and former CEO of The RealReal has already offloaded the property. Information present the Steve Hermann-designed house traded fingers for a reduced $10.7 million, which remains to be round 1,000,000 {dollars} greater than she paid Tony & Man co-founder Bruno Mascolo for the place in 2021. Compass actual property dealer and Million Greenback Itemizing Los Angeles star Josh Flagg repped each side of the transaction, describing it as “fingers down the most effective deal in Trousdale Estates.”
Inbuilt 2009 and absolutely custom-made to swimsuit Wainwright’s tastes throughout her tenure, the gated architectural-style construction is touted within the itemizing as having a “harmonious mix of elevated luxurious”—from the alluring courtyard punctuated by terrazzo fountains to the stylish interiors providing 4,500 sq. ft of single-level dwelling house boasting huge expanses of glass offering seamless indoor-outdoor environs and sweeping metropolis views from nearly each vantage level.
A spacious household room is outfitted with a wall of cabinets and a horny linear hearth.
Paul Barnaby
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Highlights embody a spacious front room outfitted with a wall of cabinets holding sundry eye-catching trinkets and a horny linear hearth topped by a TV. A glossy Poliform kitchen boasts high-gloss floating cabinetry, twin ovens and an eat-in peninsula, whereas the formal eating space opens to the surface on two sides. 5 ensuite bedrooms embody an enormous main suite, which comes with a stone hearth, a glass-enclosed dressing room, and a luxe tub sporting an Antonio Lupi soaking tub.
Outside, the half-acre-plus grounds embody an infinity pool and spa surrounded by a flat grassy yard, together with a teakwood deck and built-in benches preferrred for stress-free and entertaining. Along with a mirror-lined gymnasium and an connected two-car storage, the full-fledged good house additionally has automated window remedies, a state-of-the-art Control4 system, and a server room.
An expansive teakwood deck and infinity-edge pool supply panoramic views that stretch to the ocean.
Paul Barnaby
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An web and tech pioneer, Wainwright launched the web video web site Reel.com in 1997 and later took the reins as CEO of Pets.com. After the tech bubble burst, the positioning collapsed beneath crippling $300 million debt quickly after going public in 2000. The Purdue graduate was lively in quite a few different on-line startups earlier than 2011, when she based The RealReal. Although she stepped down as CEO in 2022, the corporate remains to be one of many world’s largest on-line marketplaces for the resale of authenticated luxurious items, with greater than 27 million members and 19 retail websites nationwide.
Apart from her just-sold Beverly Hills digs, Wainwright, who has a reported $25 million internet price, additionally owns a $6.8 million condominium on a excessive flooring of a fancy tower on the sting of New York Metropolis’s Monetary District, close to Metropolis Corridor.
Click on right here for extra images of the Trousdale Estates house.
Paul Barnaby
