Art world mover and shaker Maggie Kayne, a partner at the influential contemporary L.A. gallery Kayne Griffin Corcoran, and one of three fortunately born daughters of L.A.-based private equity billionaire Ric Kayne, had her “laidback 1950s Los Angeles home” photographed and fawned over in the pages of Architectural Digest about six years ago.
She was described in the article, written by shelter writer Mayer Rus, as “a fixture among a particular set of Hollywood’s elite” even though, she said, she’s “really a homebody.” She also said she moved to the house, which is in Brentwood and had previously been owned by late music and film executive Gil Freisen, because her longtime former house, “a modest Beverly Hills ranch house,” didn’t comfortably accommodate the display of large artworks and wasn’t large enough for “her requisite professional entertaining.”
About two years later, in late 2017, some six month after she was married in New Zealand with Mary-Kate and Ashley Olsen as bridesmaids — the marriage has since ended, Kayne sold the laidback Brentwood house, for $12.5 million, pushing up on twice the $7.2 million she paid in 2013, and plunked down just over $3.4 million for a strikingly modern Beverly Hills city-view home that had been designed and built in 1948 by architect Greta Grossman as her personal residence.
Alas, the art dealer, whose gallery represents heavy hitters like James Turrell and Mary Corse, quickly changed her mind and, indeed, several months before she’d sold the Grossman house, in late 2018 for exactly $4 million, she laid down almost $9.5 million for an entirely different kind of a house, a vintage Spanish compound in a particularly posh pocket of Pacific Palisades that’s recently come to market at a dollop under $12.7 million.
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Image Credit: Redfin Carefully maintained to preserve and showcase its authentic 1930s details, and at the same time invisibly integrate modern day luxuries and conveniences, the not-quite-half-acre compound has a total of six bedrooms and five bathrooms across its slightly more than 6,000 square feet that are touted in promo materials as “the commencement of quintessential California living.”
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Image Credit: Redfin The listing is being handled by Westside Estate Agency’s Richard Ehrlich, which is not too surprising given that he’s married to Ms. Kayne’s fashion boutique-owning lifestyle guru older sister Jenni Kayne.
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Image Credit: Redfin The artfully understated blend of relaxed and rarefied living and entertaining spaces include a living room enhanced with a wood-burning fireplace and vaulted hand-stenciled wooden ceiling, a sophisticated dining room, and what listings describe as a “vibey den.”
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Image Credit: Redfin The kitchen adheres to a vintage style appropriate for the period of the house but with all the modern conveniences, including designer appliances and a butcher block topped island.
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Image Credit: Redfin Swirled Corinthian columns and wrought-iron railings that resemble butterflies make flamboyant statements along the upper-level gallery that overlooks the double-height entrance hall.
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Image Credit: Redfin The main bedroom is a serene, austerely elegant space that opens through French doors to a private arched veranda.
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Image Credit: Redfin In addition to three ample second-floor guest suites and a staff or guest room attached to the arched porte cochere, there’s also a poolside guest suite.
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Image Credit: Redfin The kitchen spills out to a sunny, south-facing al fresco dining terrace.
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Image Credit: Redfin At the end of a long stone-paved driveway that passes under an arched porte cochere, a detached three-car garage is topped by a large room kitted out as a fitness area and Pilates studio.
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Image Credit: Redfin Sculpted bubble-shaped plantings and a great wall of verdant hedging surround the stone-lined spa and swimming pool. There’s also a swath of grass, a vegetable garden and a built-in grill.
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Image Credit: Redfin When the Covid-19 pandemic temporarily closed Kayne’s gallery last year, she retreated to her scenic, semi-remote farm in Washington’s North Cascades mountains where she continued to court deep-pocketed collectors via modern technologies while also learning to care for bee hives and tending to the birth of baby goats.
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