It was our longtime BFF Our Mama at Variety who first whispered to us that 30-something-year-old fashion entrepreneur slash billionaire heir Adam Pritzker is looking to dump his sublime Spanish-style casita in Beverly Hills with an asking price of $13,150,000.
As y’all may (or may not) recall, Yolanda previously snitched that Mr. Pritzker bought the spread only about three years ago (in December 2014) for a fat $12,100,000 in an off-market deal. The property was sold by Liv Ballard, the jewelry-designing ex-wife of legendary Grammy-winning songwriter/producer Glen Ballard (he made oodles of moolah writing and producing songs and albums for luminaries such as Michael Jackson and Alanis Morissette).
The Ballards had owned this house — originally built in 1926 by the legendary Roy Seldon Price — for many years prior to their divorce. Sometime in the early 2000s, they hired venerable architects Tichenor & Thorp to give the ol’ gurl a facelift, surely at great cost. Oddly enough, however, the current listing makes no mention of the home’s considerable pedigree.
To begin with, the property sits on a beautiful but very busy B.H. street. However, the residence itself is completely invisible from the road, however, hidden behind one of the most imposing (and tallest) front gates that Yolanda has ever laid eyes upon.
The “Chimorro House“, as it is known, was built in a Hispano-Moorish style not typical of Beverly Hills and spans a generous (but not huge) 5,512-square-feet with 6 bedrooms and 4 bathrooms, although the listing claims the house is actually substantially larger 6,500-square-feet. Perhaps the tiny tea house — which is not original to the property and was added during the Tichenor & Thorp renovation — is part of the discrepancy.
Anyway, original details abound: the exposed wooden ceiling beams in the living room (painted black to match the ebonized floors). Elsewhere there are terracotta tiles and exquisite details indicative of the masterful craftsmanship of a bygone era.
The kitchen isn’t especially large but it does sport a center island and a vaulted ceiling. There’s also a windowed breakfast nook with French Door access to the side yard, and a formal dining room.
It appears to Yolanda that Mr. Pritzker bought many of the Ballards’ furniture pieces, as many of the tables and chairs appear to be the same as when the house was featured in a 2013 issue of C Magazine.
Isn’t that one of the coolest tasting rooms y’all have ever seen?
The master suite isn’t as cavernous as one might expect in a $13 million house — but remember, this pad dates to 1926, when homeowners didn’t find themselves needing a master bedroom the size of a aircraft carrier. However, it is light and bright and has a private balcony overlooking the backyard. The master bath has a built-in soaking tub.
Outside, the pool (complete with a fountain centerpiece) and courtyard area are essentially unchanged since 1926. The .4-acre lot includes numerous gardens, leafy foliage, and a variety of mature tropical palms.
Although the property is located on a busy street and just a few hundred yards north of freeway-like Sunset Boulevard, Yolanda thinks the home’s rich history and private setting would make it ideal for a loaded celebrity in search of something unique and with an eye for design.
Yolanda is unsure where Mr. Pritzker has decamped, but as an heir to a multi-billion dollar fortune — he is the son of John Pritzker, worth $2.4 billion according to Forbes — he certainly has the financial wherewithal to live just about anywhere he pleases. Records show he still owns a townhouse in New York City’s West Village neighborhood that he scooped up a decade ago for about $7.3 million and unsuccessfully tried to sell in 2016 with a $16 million asking price (that eventually dropped to just under $15 million before being taken off the market).
The property is represented by Million Dollar Listing star Tracy Tutor Maltas, who herself is an heiress to a massive fortune — her father is the mega-rich construction tycoon (and Beverly Park resident) Ron Tutor. But we digress.
Listing agent: Tracy Tutor Maltas, Douglas Elliman