5223 Winnetka Ave Will Make You ROTFL And Say WTF!

Oh man, normally I wouldn’t even bother to re-post a real estate related story off of Curbed LA.  But, you’ve absolutely got to see the interior of the house at 5223 Winnetka Ave in Woodland Hills.  See all the pictures on Curbed LA’s site. It will be worth a good laugh or two on this rainy Friday.  And just think, for a mere $6.5 million it could be yours!   This asking price is absurd because the location of the house is very mundane and they guy paid $2.25 million for it in ‘07 and we all know where the market has gone since then.  But hey, maybe gilded leopard statues get you amazing bang for your buck!

Curbed LA writes:

When we spied the exterior of this eight-bedroom, seven-and-half bath we consulted with an expert to try to figure out what exactly was going on, architecturally-speaking. Neoclassical Revival columns and balustrades, she thought. Mediterranean roof. French-inspired quoins flanking the entrance. The mashed-up exterior didn’t even hint at the wonders to be found inside. But here’s our dirty little secret. We sort of love it. It’s a fine line between something truly hideous and something that is actually secretly spectacular. What’s the difference? Like the Supreme Court definition of pornography, we can’t explain it. We only know it when we see it. With a “palace” this majestic, we can only imagine the dungeon that lies beneath. According to the listing, the house was “designed by top industry designers and transformed into a true royal mediteranean palace with no expense spared.” The designers also had “a meticulous approach to fine details that created the emotional and rich ambience this palace exudes.” The owner, who was profiled in the NY Times a decade ago for quitting yeshiva to become a tech millionaire at the age of 18, is also hoping to make a hefty profit on this investment. Purchased in 2007 for $2.25 million, today’s asking price is $6.5 million or $801 per square foot. That’s almost triple neighborhood comps.

Visit Curbed LA to see all of the images.

Popularity: 11%

• Article Link: Curbed LA Article