Tyra Banks Seeks $7.85 Million to Close Out Pacific Palisades Portfolio

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Over the last five or six years, always hustling OG supermodel turned reality TV titan, beauty industry mogul, and frozen custard shop owner Tyra Banks, who re-branded herself as BanX in 2019, when she came out of model retirement to appear in a teeny-weeny banana-yellow bikini on the cover of Sports Illustrated Swimsuit, has owned an impressive handful of multimillion-dollar homes in L.A.’s low-key but high-priced seaside community of Pacific Palisades.

Over the last few years, the multi-hyphenate celeb, since 2020 the not-always-appreciated host and executive producer of “Dancing with the Stars” — some fans grouse she’s turned the show into her own personal runway, has sold four of those homes, each at a nice profit. Now, she has her last property in the Palisades, her personal home, up for grabs at $7.85 million, almost a million bucks more than the $6.995 million she paid for the three-story contemporary almost four years ago. The property is jointly listed with Heidi Lake of Sotheby’s International Realty and James Respondek of Rodeo Realty.

Stripped of personal belongings and staged for the selling process with rented furnishings, the city lights-, ocean- and coastline-view white-stucco contemporary’s five bedrooms and six bathrooms include a wall-to-wall carpeted main bedroom with bird’s-eye views and a spa-style bath that opens to a tiny private courtyard patio. A staff or guest suite, with full kitchen, is tucked down on the ground floor, along with the street-level two car garage, a gym, a home office and an entertainment lounge with 120-inch projection screen.

A beaded curtain is all that divides the mid-level entrance gallery from the combination living and dining room that showcases a unique wall and ceiling treatment, while a two-sided fireplace encased in a wooden volume separates the sleek, ocean-view eat-in kitchen from a cozy family room where a floor-to-ceiling wall of glass disappears into the walls for a seamless transition to the backyard.

Outdoor spaces were conceived and constructed with as much care and cost as interior spaces. Petite by most standards, the backyard includes a wee patch of grass, a dining ramada, and an infinity-edge swimming pool surrounded by limestone terracing. The home’s real pièce de résistance, however, just might be the massive roof terrace, which incorporates an outdoor kitchen, a linear fire pit enhanced by cushioned built-in banquette seating, a party-sized spa, and scene-stealing views that sweep over the city to encompass the sunrise in the east to the sunset over the ocean.

Even after she sells her Pacific Palisades pad, Banks, who shares a child with Norwegian photographer Erik Asla and is currently romantically linked to globe-trotting Canadian in-flight entertainment pioneer Louis Bélanger-Martin, will still have several homes bulking up her portfolio. She’s owned a place in L.A.’s Ladera Heights area since 2007, when it was acquired for $1.3 million, and in 2009 she shelled out $10.1 million for a mansion-sized duplex condo in lower Manhattan that’s she’s repeatedly set out for rent and for sale over the years. And just this year, she dropped a tetch more than $4.7 million for an ocean-front house in Malibu.

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