Back in 2007, Farhad Mohit doled out $4.6 million for a sprawling hilltop property in the desirable Bel Air neighborhood of Los Angeles. The serial tech entrepreneur—probably best known as co-founder of the consumer review website Bizrate and shopping search engine Shopzilla—subsequently worked with Roman James Design to demo and rebuild the 1990s residence, which rests on a nearly 6-acre parcel overlooking the downtown L.A. skyline and Pacific Ocean beyond.
Records show Mohit first tried to sell the revamped spread for a whopping $48 million in May 2020, before reducing the price to $38.5 million and offering it up for rent at $175,000 per month. Now he’s decided to auction off the place with no reserve in collaboration with Drew Fenton of Carolwood Estates, with the current high bid as of Sept. 11 at $20 million.
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Tucked away behind a lengthy gated driveway, the contemporary structure features six en-suite bedrooms and 11 baths in over 14,000 square feet of multi-level living space adorned throughout with materials culled from around the globe, curated artwork and automated walls of glass spilling out to expansive terraces. Glitzy amenities include an elevator, a walk-in vault, 15-foot screening wall, wine cellar with room for over 320 bottles and sauna-equipped gym.
Upon entry into the smart home via a pivoting front door, a spacious great room boasts a living room with a seated wet bar, along with a formal dining area. A fireside family room sits adjacent to the gourmet kitchen, which is outfitted with dual islands, top-tier appliances and a catering kitchen, while an upstairs master retreat comes complete with a two-way fireplace that connects on the other side to a separate sitting area, as well as a balcony, and luxe closets and baths.
Outdoors, the grounds are laced with an 800-tree terraced fruit orchard and a private hiking trail, and host a cantilevered pool and spa surrounded by a sundeck, as well as a barbecue and bar setup, and multiple fire-pits. There’s also an attached, “museum-quality” garage that can accommodate up to three vehicles.
Bidding in the auction began Sept. 8 and runs through Sept. 19 via Concierge Auctions.
Click here for more photos of 1250 Bel Air Road.
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