In March of this year, Maroon 5 rocker Adam Levine and his wife, model Behati Prinsloo, listed the latest of a string of Los Angeles investment properties. The unusually grand estate — which spans three acres in Pacific Palisades — listed on the open market in March, tagged at $57.5 million.
In the first days of May, the property changed hands again, closing at $51 million. The couple paid $31.95 million for it in late 2018. The house shows signs of significant revision, but even estimating the costs of purchase, taxes, fees and updates, the pair likely fared very well indeed on the transaction. The buyer, Tesla’s rockstar designer Franz von Holzhausen, can afford the splurge.
Dating to the 1930s, the property’s period details include a band of creeping ivy that’s been decades in development. The ‘Hollywood castle’ architecture extends into an effusive litany of flourishes, including a turret, Gothic-tinged chimney stacks, a veranda, and what appears to be a slate roof. Inside, revisions include steel-framed windows and doors, an ideal choice for a prewar revision.
The property’s outdoor living space is concentrated in a splendid stone patio, which extends far and wide, and incorporates various lounging and dining spots, a kitchen, and an oval pool. A sunken tennis court and a fire pit complete a sketch of this extraordinary property. A detached guest house is also available in case Elon Musk shows up to the housewarming party.
Levine and Prinsloo’s other real estate flip victories of the past few years include the Montecito property they purchased for $22.7 million in March of 2021, and sold before the end of the year for $28.5 million. Back in March of 2018, they purchased an estate in Beverly Hills for $34 million, selling it to Ellen DeGeneres fourteen months later for $45 million.
Maroon 5 are slated to embark on the last leg of their 2022 World Tour next month; it brings them back to North America and runs through August.
Tesla and von Holzhausen’s upcoming releases include the eagerly awaited Cybertruck.