Entertainment and sports executive Casey Wasserman, grandson of the late Hollywood mega-agent Lew Wasserman, is putting his newly completed home on the market for $125 million.
If the home sells for that price, it will become the most expensive home ever traded in the Los Angeles area.
A newly built, modernist mansion in the Beverly Hills Flats with ties to Frank Sinatra and several other Hollywood heavyweights, has hit the market asking $125 million.
Casey Wasserman, grandson of legendary agent and studio executive Lew Wasserman, is selling the 18,500-square-foot mansion, dubbed the Foothill Estate, the Wall Street Journal reported.
The new residence sits on three former lots, two of which belonged to his late grandparents, Lew and Edie Wasserman. After they died, the younger Wasserman paid $6.5 million to acquire the property next door, which was formerly owned by legendary singer Frank Sinatra.
Built in 2016, the eco-friendly Foothill Estate has five bedrooms, an elevator, a screening room, art studio and 1,150-square-foot gym. Outside, an 85-foot infinity pool with a pool house complete the property.
If sold at its full listing price of $125 million, the deal would set a new record in Los Angeles County. Peter Morton, founder of the Hard Rock Cafe, set the record earlier this year when he sold his Malibu home for $110 million.
Wasserman is the owner and CEO of Wasserman Media Group, a sports and entertainment marketing and management agency. He is also overseeing the 2028 Olympic Summer games. [WSJ] — Natalie Hoberman