Location: Beverly Hills Price: $16,750,000
This house on North Alpine Drive in Beverly Hills is among the most exclusive properties in a neighborhood renowned for its exclusivity and desirability.
Andrew Banks, the homeowner of this palatial estate, is a high-profile Australian entrepreneur and currently a "shark" on the second season of "Shark Tank Australia." He is also the co-founder of recruitment company Morgan and Banks.
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"This is one of the best homes in Beverly Hills," says Marisa San Antonio, the listing agent. "I’d describe it as a European villa with luxury finishes. It’s distinctive detail, the architecture, the bright clean lines. It’s so inviting and perfect for entertaining."
When Mr. Banks and his wife, Andrea, bought the property in 2012, Mrs. Banks, an interior designer, supervised an extensive "spare no expense" $2 million renovation and remodeling, giving the home more sophisticated design and décor.
A big part of life for the Banks family in Beverly Hills has been entertaining, and they’ve hosted many parties in the music room, a space that can accommodate more than 100 people.
(The "Daily Telegraph" named Mr. Banks the king of Syndey real estate after the couple sold sold their main residence in Sydney, Australia, for $53 million in 2010.)
The Stats
The two-story, 10,522-square-foot home sits on half an acre and has seven bedrooms and 10 bathrooms. There are a total of four garage spaces.
Amenities
The property has a temperature-controlled wine cellar that can hold up to 1,000 bottles. There’s a pool and spa, eight-seat-home theater, a gym/yoga studio and elevator.
More:Solutions for a Smart Wine Cellar
Neighborhood Notes
The home is a short distance to the shopping mecca of Rodeo Drive and neighbors include A-list celebrities like Tom Cruise, Ellen DeGeneres, and Amazon CEO Jeff Bezos. It’s just blocks away from several five-star hotels, including The Beverly Wilshire and the Beverly Hills Hotel and some of the city’s best restaurants including Spago, Maude and Matsuhisa.
Listing Agents: James Harris, David Parnes and Marisa San Antonio; The Agency