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The sleek spread was built last year on a private knoll offering both city and ocean views

A newly built contemporary mansion in the uber exclusive enclave of Beverly Hills, California, is poised to hit the market Thursday for $18.725 million, Mansion Global has learned. 

The sleek spread was completed this year on a private knoll offering both city and ocean views, according to listing materials. 

The combination of views, along with its sizable yard is what makes the home stand out in the city, according to listing agent Sally Forster Jones of Compass.

“With modern new-build mansions, you typically see a yard being compromised for the view or vice versa,” she told Mansion Global. This home “provides residences with the best of modern living while also feeling warm and livable.”

The owner—an LLC that acquired the property for $3 million in 2015, according to listing records—tore down an existing house on the lot before embarking on the construction of the home, a process that took over three years, Ms. Forster Jones said.

The resulting six-bedroom mansion spans close to 11,000 square feet and is loaded with bespoke marble and wood details. The house “is the pinnacle of sophisticated indoor-outdoor living and the future of contemporary design,” according to listing materials.

An open-plan living space encompasses the home’s dining area, family room and gourmet kitchen, complete with a polished marble wall.

Elsewhere is a bar and lounge with mahogany accents, a temperature-controlled wine cellar with room for more than 300 bottles, and a media room with a projection screen.

The master suite, positioned at the end of an interior bridge, boasts suede walls, a fireplace, walk-in closets and a balcony that overlooks the grounds.

Those aforementioned grounds are home to a saltwater infinity pool, an accompanying pool house and a sunken fire pit.

Los Angeles’s high-end market is typically characterized by high-end single-family homes like this one, and demand for them shows little sign of abating.

In the fourth quarter of 2019, big-ticket houses in Los Angeles logged a 13.6% increase in sales compared to the same time the year prior. But despite the transaction jump, prices dipped 3.5% at the end of 2019 to a median $9.6 million, Mansion Global previously reported.

View Listing

Source Mansion Global

Written by Liz Lucking