For those chosen few with $33 million to spare, this promontory estate makes a pretty good investment case for itself. Comprised of two adjacent parcels spanning 1.5 acres in what is arguably the most desirable neighborhood pocket of Beverly Hills, with spectacular views of the Downtown Los Angeles skyline, the Pacific Ocean and everything in between, the land itself will draw wows from visitors.
Then there are the two side-by-side homes; combined, the structures span more than 10,000 square feet of living space. There’s a large contemporary mansion, built in 1999, with a backyard infinity pool. The smaller house is a circa-1951 Tudor that could probably use a decorative sprucing-up, though it’s also imbued with more great views and privacy. Both properties are owned by Jeff Skoll, who has a personal net worth approaching $6 billion, according to both Forbes and the Bloomberg Billionaires Index.
Skoll, 57, joined eBay in the mid-1990s and was the company’s first president, which brought the Canadian tech titan much of his billions. But today, the general public may know Skoll more for Participant, the L.A.-based film production and media firm he founded in 2004. Over the past 18 years, Participant (and Skoll, by extension) has produced and/or financed upwards of 100 films, including 2015’s “Spotlight” and 2018’s “Green Book,” both of which won Best Picture at the Academy Awards.
As for the real estate, it’s not yet clear why Skoll is selling his longtime L.A. home base. But the $33 million asking price is for both structures together; buyers may also opt to purchase either of the homes separately from the other. The contemporary estate carries a nearly $25 million price tag, while the humbler Tudor pile is asking a hair under $8 million. Skoll acquired the former property in early 2005, paying $11 million, and added the latter in 2014 for an additional outlay of $6 million.