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Oaktree Capital co-founder Howard Marks and his wife Nancy have added to their already astonishing array of luxury homes with the $26.2 million purchase of an Old Hollywood-style mansion in L.A ...
Completed in 2002, the 45,000-square-foot mansion was the brainchild of Suzanne and David Saperstein, who sought to create a residence that melded historical elegance with modern luxury. The estate spans five acres and includes a variety of luxurious amenities, such as a spa, a pool with a pavilion, a championship tennis court, and a garden folly.
16 of the 17 houses lie within the Platinum Triangle, including four in Holmby Hills and five in Beverly Hills. Another seven of these houses are situated in Bel Air within a 1,000-foot (300 m) radius.
The French chateau, under construction now for two years, has turned the corner of Mapleton and Club View drives into a gawker's paradise. Sprawled across 6 acres (2.4 ha) on what once was the Bing Crosby estate, the house dwarfs the sizable mansions on the block and looms large over tranquil Holmby Park near Wilshire Boulevard.
The mansion is in one of Los Angeles' richest neighborhoods, known for its proximity to Beverly Hills and large lots. The Spelling Estate, just down the road, is on the market for $137.5 million.
It includes Beverly Hills, which is its own city within Los Angeles County, along with two Los Angeles city neighborhoods, Bel Air and Holmby Hills. [1] The "Platinum Triangle" designation refers to the affluence of the three neighborhoods and their multi-million dollar homes.
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