In the wake of his purchase of Jeremy Piven’s 2,400 square-foot Malibu beach house with fiancee Jennifer Lopez, Alex Rodriguez has dropped the price on his midcentury gem in Los Angeles.
Which means the Honnold and Rex Research House is now priced at $5.25 million. The baseball champ had priced the home at $6.5 million when it was initially offered at the beginning of the winter. But he and Lopez also have a substantial property in Manhattan’s 432 Park for sale at nearly $18 million, so he may be looking for a quicker sale of the H&R home.
Which is a beaut, and boasts a pedigree beyond Rodriguez. Prior to A-Rod’s tenure, the home was owned by Meryl Streep. She bought it for $4.5 million and sold it to him for $4.8 million.
The house dates to 1954. Its exterior architecture is boxy and glassy, with poured concrete and timber offering a first impression of both industrial utility and naturalism. The four-bed, 3.5 bath home was updated by Xorin Balbes, the founder of TempleHome. The interiors have balanced contemporary design elements and period details in a unique manner, allowing the more modern updates to frame the original architectural and cosmetic aspects of the home that make it so unique.
Most appealing? The emphasis on the staircases, with both the semi that climbs to the home office and the main switchback-style acting as centerpieces. The exterior is private and verdant, and features a pool and outdoor lounge presided over by a pair of venerable palms.