Detroit Pistons owner Tom Gores is the new owner of an over-top-luxurious spec mansion on two acres in Holmby Hills, one of the wealthiest pockets of Los Angeles. In what the Los Angeles Times describes as an "unusual sale," Gores is swapping some properties he already owned to buy the spec house. The deal is valued at $100 million.
Gores's new Carolwood estate has a main residence and a few guesthouses, which together measure 30,000 square feet and contain 10 bedrooms and 20 bathrooms. One of those bedrooms is the 5,300-square-foot master suite—which is about twice the size of the average American home, the Times notes.
Rounding out the heart amenity list are: private hiking trails, two outdoor infinity pools and an indoor lap pool, a theater with its own valet entrance, a hair salon and manicure and pedicure stations, and a 10-car garage.
In addition to being a billionaire and the owner of a NBA team, Gores is the founder of Beverly Hills-based Platinum Equity. His new house is located on property where Barbra Streisand’s Mon Reve estate, demolished in 2000, once stood. It was developed by Gala Asher, who paid $13.25 million for the site and listed the new-build for $150 million earlier this year. Before Asher scooped up the site, it was owned by a successful tech mogul who used land as his own personal park.
A trio of big-ticket home sales have occurred Carolwood Drive in recent years, including the sales of Fleur de Lys ($102 million), the old Walt Disney estate ($74 million), and Sonny and Cher’s former Owlwood estate ($90 million).