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L.A. Spec House Lists for $150 Million

The newly built 10-bedroom estate in Holmby Hills is on property once owned by Barbra Streisand

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A newly built spec home built on a property once owned by Barbra Streisand is listing for $150 million. The recently completed estate has 10 bedrooms and about 38,000 square feet of space spread across a main house and multiple guest houses, according to Coldwell Banker Previews International, which is listing the Holmby Hills property. The 2.17-acre property on North Carolwood Drive, historically known as “Mon Rêve,” also includes three swimming pools and a private hiking trail.

Developer Gala Asher of Beverly Hills-based Dream Projects LA declined to comment, as did his wife, listing agent Ginger Glass of Coldwell Banker Previews International. According to a spokesperson for Coldwell Banker Previews, the main house has a spa level with an indoor lap pool, hair salon, steam and massage rooms and an area for manicures and pedicures. The main house has an entertainment suite, which the developer calls “Club Mon Rêve,” with a screening room, a lounge and a wine room; it can be accessed from a separate entrance, allowing guests to come and go without walking through the main house. There are two outdoor infinity pools on the property. Mr. Asher and partners paid $13.25 million in 2014 to buy the vacant lot from tech entrepreneur David Bohnett, according to public records. Ms. Streisand’s longtime house on the property was demolished around 2000, after she sold it to Les Bider, former chairman of Warner/Chappell Music Inc. and current co-CEO of the health care company PinnacleCare. Mr. Bider tore down the house and drew up plans for a new 13,000-square-foot house, but put the parcel on the market instead. The parcel was then purchased for $6.75 million by Mr. Bohnett, who used it as a private park. Carolwood Drive has seen some of L.A.’s priciest home sales in recent years, including the sale of Fleur de Lys for $102 million and the former Walt Disney estate for $74 million. This article originally appeared on The Wall Street Journal.