The six-bedroom home spans about 5,800 square feet, according to the listing. It has a 10-person Jacuzzi overlooking a fire pit, a long oceanfront deck, limestone flooring, and a swimming pool.
Mr. Gates, one of the world’s richest people and the co-founder of Microsoft, has been in the public eye recently due to his early warnings about the global pandemic. This purchase adds to the couple’s already sprawling real estate portfolio, although Mr. Gates has historically treated his compound in Medina, Wash., as his primary home. In 2014, he also bought weight-loss guru Jenny Craig’s Rancho Santa Fe, Calif., equestrian estate for $18 million.
On Friday we closed escrow on another sale of a Lloyd Ruocco classic – two in a row! This one was 20 years older (1947) and in Mission Hills with a panoramic view of the city, ocean and bay.
MISSION HILLS MODERN! Architect Lloyd Ruocco’s Keller Residence is one of the first post-War modern homes in all of San Diego! Enjoy views of Downtown & Point Loma to the Coronado Islands and beyond. Contemporary finishes blend seamlessly with original, vintage design as the interior blurs with the exterior landscape. Retreat to this culdesac location and enjoy an incomparable setting of privacy amidst the urban landscape. Historically designated, incredible Mills Act tax savings conveys!
It’s rare to get a 15-page history on a house – this goes back to the beginning:
You may have seen the Wall Street Journal’s feature on Papa Doug’s listing that he’s hoping to sell for $10 million more than he paid in 2015. The Reader picked up a few more details – an excerpt:
Manchester finally managed to untie the knot with first wife Betsy, whom he married in January 1965, in 2013. During the couple’s contentious four-year-long divorce proceedings, Betsy unrolled a bevy of anecdotes about her husband’s over-the-top lifestyle.
“As an example of the standard of living that DOUG and I enjoyed during our long marriage, in 2007, we threw a birthday party for DOUG at the Manchester Grand Hyatt,” wrote Betsy.
“There were over 220 guests, and the party alone cost more than $200,000. We then flew to Costa Rica on a private Gulfstream IV jet and went on a week-long cruise in Costa Rica aboard a chartered 165-foot private yacht. After the cruise, we returned home on the Gulfstream IV jet.
“The Costa Rica trip cost in excess of $350,000.”
Manchester married Geniya the weekend before Christmas 2013 in similar style, causing one neighbor to complain on Twitter, “Did Papa Doug Manchester have to disturb all of Carmel Valley with his marriage fireworks last night? My dog barking like crazy.”
Then followed a merry-go-round of high-society party life and eight-figure residential real estate deals, including the purchase in 2015 of the historic Fairholme estate in Newport, Rhode Island for $15 million, which he flipped for a reported $16.1 million in February of 2016
Also, in 2015, Manchester picked up Foxhill, the sprawling La Jolla estate of the late Union-Tribune publisher Helen Copley, from the estate of her son David for about $27 million. He subsequently sunk additional millions into the property for extra bedrooms and other accouterments to accommodate his wife and the couple’s three young children.
Now, with his latest try at homespun marital bliss history, per the court filings, Manchester, father of a total of eight children and grandfather of thirteen, has placed the real estate on the market in two parcels, asking $37 million for both.
“Mr. Manchester’s spokeswoman said he is selling to ‘ downsize,’ reports the Wall Street Journal, which also offers a description of what it calls “an elaborate French chateau-style estate” equipped with “its own four-hole golf course.”
“The estate is about 27,000 square feet and has historic flair, with four-poster beds, gilded detailing, original moldings, wood paneling, chandeliers and stained-glass windows,” according to the account.
“A billiards room is outfitted with plaid carpeting; lampshades have fringe details topped with gold fox ornaments. One of the bedrooms has blue coffered ceilings, blue patterned carpeting, and gold-and-blue curtains with ornate tassels.”
Bulldozers were seen recently reducing the walls of a standout hilltop mansion in Yorba Linda to rubble as a demolition team makes room for a larger estate.
The nine-bedroom, 19,700-square-foot home was recognizable to 91 Freeway commuters with its brilliant white walls and two-story windows.
The property, which was completed in 2004 and named Satsang for an Indian philosophy, was purchased earlier this year for $9.8 million by consumer product entrepreneur Loksarang D. Hardas.
He plans to demolish 80% of the structure and transform the property into a seven-bedroom, 29,300-square-foot residence with a new two-bedroom, 1,200-square foot guest house, according to documents filed with the city.
Hardas, chief executive of Awesome Products, a household chemicals maker based in Buena Park, bought the home early this year for $9.8 million. The sale price broke a record for Yorba Linda real estate, but was less than half of the $20 million asked when the property hit the market five years ago.
The previous owners were Mahesh Vyas, an allergy and immunology specialist, and his wife Jayshree Vyas, an obstetrician and gynecologist.
They raised their family in the home, but the property also entertained some big names.
Jennifer Lopez starred in a shampoo commercial at Satsang. Cincinnati Bengals wide receiver Marvin Jones had his wedding reception there.
Since last week, when Frank Lloyd Wright’s iconic Ennis House sold for a record-shattering $18 million — far and away the most ever paid for a Wright-designed home — curious minds have wondered who would buy such an idiosyncratic and outrageously high-maintenance compound for such a lofty sum.
Perhaps surprisingly, property records have now cleared and they show the house was acquired by an entity easily linked to a seasoned former PR executive named Cindy Capobianco and her environmentalist/philanthropist husband Robert Rosenheck, the founders of marijuana juggernaut Lord Jones, a luxury beauty brand that sells cannabis-infused body lotions, gels, gumdrops, bath salts and cosmetics.
Two months ago, after just four years in business, Lord Jones — which was the first cannabis brand to be sold in Sephora, Equinox and other high-end locations — was acquired in a $300 million deal by the publicly-traded Cronos Group.
After receiving that mega-millions business lottery win of sorts, Capobianco and Rosenheck wasted little time in investing a portion of the big score into their cinematic Mayan Revival new residence. Designed by the elder Wright and built by his son in 1924, the internationally famous structure was hewn almost entirely from 27,000 decomposed granite blocks and has been featured in numerous Hollywood productions — perhaps most notably, in 1982’s “Blade Runner.”
The Ennis House endured severe structural damage during the 1994 Northridge earthquake, and it slipped into a state of disrepair that continued until 2011, when it was purchased for $4.5 million by supermarket billionaire and noted architecture preservationist Ron Burkle, who commenced a years-long renovation and restoration of the premises. Last summer, amid a massive wave of publicity, the upgraded property was put up for sale with a sanity-defying $23 million pricetag.
Although marketing materials stated that Burkle invested “nearly $17 million” into renovations for the property — meaning the $18 million sale price represented a multimillion-dollar financial loss to his pocketbook — a Burkle associate clarified to Dirt that the $17 million figure included $6.4 million in a FEMA grant and a $4.5 million construction loan received by the Ennis House Foundation to fund structural stabilizations. In actuality, it would appear Burkle walked with a substantial profit on his labor of love.
Guests to the Capobianco-Rosenheck-Ennis House can light up in either the monolithic masterpiece’s main house or its detached guesthouse/garage combo, which total up to more than 6,000 square feet of living space. From its vantage point high in the Los Feliz hills, the compound sports jetliner-like views over the basin below, and head-on vistas of the Downtown L.A. skyline.
Architectural photographer Julius Shulman (1910 – 2009) shot over 200 projects in San Diego.
His clients were architects, publishers, construction companies, and developers, and included notable San Diego architects Lloyd Ruocco, Sim Bruce Richards, Henry Hester, and Frederick Liebhardt. Shulman’s work, spanning seven decades, documented the region’s evolving 20th century architectural landscape, and he played an instrumental role in sharing California’s unique post-War modernism with a wide audience.
This exhibition presents selected photographs from Julius Shulman’s projects in La Jolla, represented in both vintage and contemporary prints, and ephemera that contextualize this historically significant work.
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by Ann Romanello
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