Friday, January 19, 2018

Massive $85M SoCal Estate is Unlike Any Mansion on the Market

Tull-mansion-westlake

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While Hollywood movers and shakers are known for lavish mansions priced in the multi-millions, the veritable village that movie producer and tech titan Thomas Tull recently put on the market for $85 million is beyond compare.

Located in the hills of Westlake Village, just northwest of Los Angeles, and measuring more than 33 acres, it dwarfs David Geffen’s Malibu beach compound, which recently sold for $85 million, and the $88 million Bel Air mansion JAY-Z and Beyoncé scored.

Tull’s sprawling estate features over 50,000 square feet of living space divided among seven separate structures, and also includes a quarter-acre lake. There are 12 bedrooms, 18 full bathrooms, and 18 half-baths on the premises.

Inspired by 18th Century French architectureInspired by 18th-century French architecture

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The $88 million Thomas Tull estate.The $88 million Thomas Tull estate

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“I’ve been in the business for a long time, and I’ve never seen anything like it,” says listing agent Jordan Cohen. “It’s actually a great value when compared to other homes at this price point.”

Among the myriad features you won’t find in at any other properties in the L.A. area are two municipal-quality water wells. The wells take care of the residents’ personal needs and supply water to the five-acre organic farm that produces farm-to-table food via 18 in-ground farm beds and more than 150 fruit trees. They also provide water for the fish pond, stocked with catfish, largemouth bass, and bluegills. A 275-kilowatt solar energy system provides most of the electricity.

5-acre organic farmFive-acre organic farm

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Basically, a buyer would never have to leave the European-style estate, which includes a 32,000-square foot main mansion, an 11,000-square-foot guesthouse with its own infinity pool and home theater, a 1,500-square-foot greenhouse, and a 2,644-square-foot poolhouse/spa, among other buildings.

1,500 square foot green houseGreenhouse

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Pool house/spaPool house/spa

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2,000 square foot closet2,000-square-foot closet

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There are many people who’d never want to leave the 2,000-square-foot closet in the 5,000-square-foot master suite!

But then again, if you lounged about in the sumptuous master suite with two fireplaces (one in the bathroom) all day, you wouldn’t be able to take advantage of the mansion’s other luxe amenities.

These include a Pittsburgh Steelers-themed sports lounge (Tull is a part owner of the NFL franchise); a 1,869-square-foot museum complete with a biometric gas system that removes oxygen from the room in the event of a fire threatening the collectibles housed within; a giant professional photo studio, and a spa with a Himalayan salt therapy room, a steam room, sauna, and massage room.

Pittsburgh Steelers themed sports loungePittsburgh Steelers-themed sports lounge

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Professional photo studioProfessional photo studio

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Himalayan salt therapy roomHimalayan salt therapy room

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The entire estate was created by combining four massive adjacent lots, three of them located on a cul-de-sac that Tull was able to privatize and gate. Within those gates, Tull built a chateau in the style of 18th-century French architecture, and surrounded it with formal gardens, stone bridges, and four cascading pools, inspired by the gardens of the Impressionist painter Claude Monet at Giverny in France.

Grand living roomGrand living room

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Gardens inspired by MonetGardens inspired by the those of the French Impressionist painter Claude Monet

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State fo the art home theaterState-of-the-art home theater

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But it’s the Dolby Lab-certified 18-seat theater, with perfect acoustics that provides the most insight into Tull, the man who developed this remarkable property over the past seven years.

You’d expect the attention to detail from the former CEO of Legendary Entertainment, who executive produced films like Christopher Nolan‘s “Dark Knight” trilogy and “Inception,” as well as hits like “300,” the “Hangover” films, “Jurassic World,” and more.

The 47-year-old billionaire sold Legendary to China’s Dalian Wanda Group for $3.5 billion in 2016, and continued as CEO for about a year. He stepped away from the role last year to focus on other ventures that his Tulco holding company has invested in, including companies like Magic Leap, Oculus Rift, Pinterest, and Heal.

With the sale of this massive property and his recent professional transitions, Tull is eager to move back to his beloved Pittsburgh, where in addition to his interest in the Pittsburgh Steelers, he owns the sustainable and organic Rivendale Farms.

In fact, he is not only relocating his family, but his entire Tulco headquarters to Pittsburgh. “Pittsburgh will be the main tech hub of the company, so it will also be the home of our computer scientists, artificial intelligence, and machine-learning data scientists as well,” Tull told the Pittsburgh Post-Gazette.

“He really loves Pittsburgh,” says Cohen.

And Pittsburgh loves him right back. “Thomas and his family are now all in in calling Pittsburgh home, not only to raise their children but to help rebuild our economy,” Pittsburgh Mayor Bill Peduto told the Pittsburgh Post-Gazette.

Wine vault and tasting room with temperature-controlled walls and 2,500 bottle storageWine vault and tasting room with temperature-controlled walls and storage for 2,500 bottles

a wine vault has a tasting room and temperature-controlled walls with storage for 2,500 bottles

The post Massive $85M SoCal Estate is Unlike Any Mansion on the Market appeared first on Real Estate News & Insights | realtor.com®.



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