Developer Geoff Palmer, whose long list of residential projects in Los Angeles includes freeway-adjacent luxury apartments such as the Medici, Da Vinci, Orsini, and (soon) the Ferrante, has just sold a home in the Beverly Hills Flats.
An agent for the buyers tells The Real Deal that her clients, “fell in love with the exquisite, over-the-top million-dollar renovation the owner did.” TRD reports that the home sold for $8.5 million, after Palmer purchased the property for $6.9 million in 2015.
Measuring a little over 6,000 square feet, the Mediterranean-style home is at least passingly reminiscent of Palmer’s famous ‘Fauxtalian’ buildings sprinkled throughout Downtown. This one, though, was constructed in 1930, and looks fairly pleasant in previous listing photos.
Palmer reportedly owns at least two other homes in the Los Angeles area, including another property in Beverly Hills. Last year, the city revealed that his water bill was more than $12,000 for a two-month period. It’s one of numerous controversies the developer has been involved in over his career, including the “accidental” demolition of a historic Queen Anne home and a contentious lawsuit that limited the city’s ability to make developers include affordable units in apartment projects.
Features of Palmer’s recently-sold home include multiple fireplaces, a large backyard, pool, and detached guest house. We’re not sure what might have been included in the renovations, but if Palmer added the kind of amenities found in the recently completed Da Vinci—which includes a movie theater, full-sized basketball court, and a wall-sized fountain in the lobby—the home should really be something to see.
- Geoff Palmer sells house in Beverly Hills Flats for $8.5M [The Real Deal]
- Donald Trump’s Biggest Donor Is Notorious LA Developer Geoff Palmer [Curbed LA]
- Here Are the Plans For LA’s Hugest Freeway-Side Fauxtalian Fortress Yet [Curbed LA]
- 7 Awful Stories About the Man Destroying Downtown LA [Curbed LA]