Onetime Beverly Hills Home of Trousdale Estates’ Founding Family Resurfaces With $23.5 Million Ask

Located in the prestigious Beverly Hills enclave of Trousdale Estates, this home first popped up for sale about a year and a half ago. And though the stately Hollywood Regency-style property has a pedigree — it was crafted by noted “starchitect” John Elgin Woolf for Trousdale Estates’ founding family, real estate developer Paul Trousdale and his wife Jean — it continues to languish on the market. Last sold in 2011 for $13 million, the historic home is owned by vitamin heir Ryan Drexler, who initially priced the place at a decidedly optimistic $32 million. It’s now resurfaced for sale with a new team of agents, plus a newly improved $23.5 million ask.

Whoever buys the place will own a true Beverly Hills trophy property, at least according to Josh Flagg of Douglas Elliman, the “Million Dollar Listing” cast member who holds the listing with Jonah Wilson and Drew Fenton of Hilton & Hyland. “By far one of Woolf’s greatest works, I believe this to be one of the most special properties in Trousdale,” says Flagg. “Paul Trousdale had the option to pick any lot in all of Trousdale; and this is the one he chose, which speaks volumes. It is rare that you see a home with this much detail; every hinge is from P.E. Guerin and every single plumbing fixture by Sherle Wagner.”

The house is tucked away behind a long and double-gated driveway, on nearly three-quarters of an acre atop a secluded promontory. Previous owners Norman Perlmutter and his interior designer wife Donna Livingston restored and updated it before Drexler’s tenure there, complete with a new 21-foot wall of windows in the living room and a walnut-paneled library.

Distinguished by its mansard-style roof and oval windows, and fronted by a spacious brick motorcourt, the stucco-clad structure features three bedrooms and six baths spread across almost 6,000 square feet of living space offering up jetliner city and ocean views from almost every room. Especially standing out is the aforementioned living room, which is outfitted with a decorative fireplace and herringbone wood floors, and has expansive walls of glass that open to a terrace ideal for al fresco dining and entertaining.

Other highlights include a formal chandeliered dining room, fireside library and custom, climate-controlled wine cellar. There also are not one but two master suites, each with their own spa-like bath; and rounding it all out is a lushly landscaped yard spotlighted by reflecting and swimming pools.