Actual Property Magnate Drops $38 Million on Brentwood and Montecito Estates

Franck Ruimy has been on an actual property roll over the previous 12 months, inking two residential offers totaling practically $40 million in and round Los Angeles. In April, the founder and CEO of Arizona-based Silver Creek Improvement — and newbie driver on the Ferrari Problem North America circuit — tendered simply over $22 million for customized digs within the L.A. neighborhood of Brentwood. And three months later, data reveal Ruimy additionally doled out $15.8 million for a stately Mediterranean-style mansion in Santa Barbara County’s posh Montecito enclave.

Hidden away behind gates and a wall topped by mature bushes, on the finish of a curving driveway that empties out at a motorcourt and an hooked up three-car storage, Ruimy’s newly acquired Brentwood residence rests on nearly an acre of land. Customized constructed method again in 1985, the white wood-sided construction boasts six bedrooms and 9 baths in nearly 9,000 sq. of colorfully hued residing house overlooking canyon vistas.

Among the many highlights are a proper eating room wearing cobalt blue, plus an all-white kitchen accented by an eggshell-blue ceiling and outfitted with outsized eat-in island, high-end home equipment and a built-in wine cooler. An adjoining fireplace household room has floor-to-ceiling glass doorways spilling out to a spacious fireplace pavilion preferrred for al fresco eating and entertaining.

A snazzy grasp retreat presents a showroom-style closet with a built-in window seat and a luxe marble bathtub geared up with a freestanding soaking tub, and elsewhere in the home is a teal-hued media room, an government workplace and a lovely wood-paneled den/sport room sporting a moist bar. Outside, the yard hosts a sprawling grassy garden spotlighted by a pool and spa, together with a comfy fire-pit space; and there’s additionally a indifferent two-bedroom, two-bath visitor home that has a full health club and kitchen.

Santiago Arana of The Company dealt with each side of the Brentwood transaction.

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