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- American finance and investment writer
Back in 2018, Sue Gross paid a cool $20 million for a house in what is arguably Beverly Hills’ best neighborhood pocket. She quickly embarked on an extensive renovation of the Hal Levitt-designed midcentury modern, but wanted to supervise the project from close quarters. So she did something only a billionaire baller can do — she dropped $35 million to buy the house immediately next door, using it as a temporary “crash pad.” The sellers were Ellen DeGeneres and Portia de Rossi.
Now that the remodel is complete, the ex-wife of billionaire bond king Bill Gross has no need for her crash pad, so she’s hoisted that second house back up for sale, this time with a $38 million ask. Oddly, however, she’s also just purchased a (cheaper) third house that’s also adjacent to her remodeled main residence, presumably for the use of her staff and guests.
Records show Gross doled out just over $16 million for a Tuscan-inspired farmhouse, a $3.5 million discount off the original asking price. Divorced non-amicably from Gross in 2017 after 32 years of marriage — and worth an estimated $1.5 billion herself, per Forbes — she now owns at least eight Southern California homes worth a minimum of $160 million, including a three-house compound in the ultra-exclusive Irvine Cove gated community in Orange County’s Laguna Beach.
The newly acquired Beverly Hills home is hidden from the street, tucked away behind gates, on a nearly half-acre parcel featuring lushly landscaped grounds. Originally built back in 1966, the stone-clad house was completely redone from the ground up by noted architects Luis Ortega and Jose Fernandez in 2005, and has five bedrooms and five baths. A cerulean blue fountain grabs attention on the way to the front door, which opens into more than 5,300 square feet of elegant yet rustic interiors punctuated throughout by wood beams, steel-case windows and Venetian plaster walls. Outdoor patios and decks are ideal for entertaining, as well as viewing the property and gardens.
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