In what promises to be one of the biggest sales of the new year, billionaire Alkiviades David has found a buyer for his massive Beverly Hills residence.
Heir to a Coca Cola bottling and shipping empire, David also runs several media-oriented startups (his company Battlecam once offered a $1 million prize to anyone who could successfully streak in front of President Obama).
His 16,000-square-foot residence sold to an unnamed buyer last week for $24.945 million. That’s significantly under the $35 million that David was originally asking. The heir told the Wall Street Journal in 2015 that nobody “should consider offering anything less.”
David purchased the home in 2010, when it was still under construction. Since then, the Journal reports that he’s added a bit of land to the lot and installed marble flooring in the six-car garage.
Palatial though it may be, the house has just six bedrooms and five baths. Now situated on one acre of land, it abuts the site of the former Pickfair Estate—which has been replaced by its own monstrous Italianate residence.
Features of the wildly extravagant home include an appropriately grand entryway, large kitchen and full bar, multiple living areas, a gym, game room, wine cellar, roomy master suite with balcony-access, and chandeliers galore. Outside is a large outdoor dining area, swimming pool, spa, and fire pit. Both the buyer and seller were represented by Marc Noah of Sotheby’s International Realty.
- 1141 Summit Drive [Marc Noah | Sotheby’s International Realty]