This is how billionaires live? Glance inside this real estate tycoon’s California digs
A lavish mansion, named The Reserve, has landed on the real estate market in Los Angeles for $85 million.
The 10-bedroom, 17-bathroom residence is owned by billionaire Nick Candy, a British property mogul, Bloomerg.com reports.
“Constructed in 1959 and modified over the last two decades, The Reserve was recently refined by a team of expert designers and international craftsmen, who have carefully expanded the estate to fulfill its potential as a truly outstanding property for both entertaining and intimate family life. In perfect harmony with the surrounding landscape, this preeminent West Coast estate was founded on a deep engagement with the worlds of architecture and interior design,” the listing on The Agency says.
Features of the chic 11,000-square-foot property include:
Art Deco gates
High ceilings
Old Hollywood style bar
Theater
Children’s playroom
Spa
Gym
Swimming pool
Tennis court
Grand pavilion
There is also a “luxurious” five-bedroom guest house.
According to Mansion Global, Candy’s brother, Christian Candy, bought the vast property in 2013 for $24 million before selling it to his brother in 2018.
“It truly is a timeless masterpiece and trophy property,” The Agency said in a statement, according to Mansion Global.
Nick Candy is the co-founder of the design firm Candy London, along with a “multi-stage investment firm” named Candy Ventures, The Marque says.
This story was originally published July 19, 2022 at 2:49 PM with the headline "This is how billionaires live? Glance inside this real estate tycoon’s California digs."