A custom-built Pacific Palisades mansion, one of only a dozen homes in the westside Los Angeles neighborhood directly overlooking the Pacific Ocean, has come onto the market for $37.5 million.
Situated on approximately 0.73 acres of land with 102 feet of ocean frontage, the home features a grey exterior with white trim, known as Nantucket style and which is often seen in coastal areas such as Long Island, New York, and Newport, Rhode Island.
It was designed in 2009 by William Hefner Studio for Thomas A. Giovine, a hedge fund manager and film producer whose credits include “10 Minutes Gone” and “Greyhound.” He and his wife, Elisabeth, bought the parcel for $8.25 million in 2006, property records show. The sellers could not be immediately reached for comment.
The mansion has 9,380 square feet of living space with five bedrooms, eight bathrooms, a formal living room with a fireplace, a gourmet kitchen opening to a family room and a breakfast room, according to the listing posted this month.
The home also features a wood-paneled vaulted library, a billiard room, a wine cellar and a game room, which can double as an exercise studio, according to the listing.
“Offering unparalleled views spanning the Queen’s Necklace to Point Dume, the setting is beyond compare,” the listing said.
Outdoors, the gated property has a pool with a spa, a grassy yard and a covered deck with a firepit, according to the listing.
14984 Corona Del Mar | $37,500,000 | Represented by Drew Fenton | View Listing