Billionaire Eric Schmidt Gobbles Up House Next-Door to $62M 90210 Manse for Above-Ask $5.2M

Billionaire Eric Schmidt Gobbles Up House Next-Door to $62M 90210 Manse for Above-Ask $5.2M

Published: January 20, 2022 | By: American Luxury Staff

It’s been an expensive start to the decade for Eric Schmidt, as the billionaire has snapped up noteworthy properties on both coasts that have collectively sapped over $100 million from his coffers.

The summer of 2020 found the former Google CEO in Montecito, shelling out $31 million for a bit of Montecito heaven; a year later he was in Manhattan, plunking down $28 million to close on a Noho condo duplex penthouse. In between, and in the most cash-heavy deal of the lot, he bought in Holmby Hills, taking ownership of Barron Hilton’s old estate for $62 million.

In the last days of 2021, Schmidt added to the Holmby Hills compound, paying $5.15 million against a $4.85 million ask to add this four-bedroom, 3,708 sq. ft. home to the estate as staff or guest quarters. The house is an early 1970s suburban bunker, right down to its dark-stained wood exterior, low-slung roof, skylights, and mixed brick accents.

Inside, the home is 1970s warm, and shows design and living style inspiration from the midcentury style. There’s an abundance of wood tones and series windows. The main living area is a gem: a wide-open expression of breathing room, the space boasts a cathedral ceiling, floor-to-ceiling glass, wall plank, built-in shelving, and a brick fireplace accent wall.

The .24-acre lot is mainly occupied by private, courtyard-like patios, gardens, and exuberant landscaping.

Schmidt’s net worth is north of $23 billion, according to Forbes.

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