Holmby Hills Trophy Home Sells for $102 Million
After seven years on the market, Fleur de Lys finally sells — but the high-priced property may be low on profits
Fleur de Lys, the famed $4.6 acre estate with the Versailles-like mansion in Holmby Hills, has sold for $102 million with Michael Milken as the rumored buyer.
The 45,000-square-foot home, designed by architect Richardson Robertson, took six years to build, and when finally completed in 2002, was heralded as a new era of hyper-customized, over-the-top home design for its owners, Metro Networks Founder David Saperstein and his socialite wife Suzanne.
The 12-bedroom, 15-bath property with two kitchens and a nine-car garage, also features a 5,000-bottle wine cellar, a 50-seat home theater, his and hers spas, a 2,000-square-foot closet for Suzanne, as well as an underground ballroom for 250. The home reportedly cost $100 million to build, which makes its staggering sale price — the highest-priced home sale ever recorded in L.A. County — slightly less awe-inspiring.
Suzanne first listed the property in 2007 for $125 million, after the couple had divorced and just before the Great Recession hit mega-home sales. David took the home off the market at then relisted it with the same $125 million price tag, the same day that Candy Spelling off-loaded her Holmby Hills manor for $85 million in 2011. (That property had originally been listed at $150 million.)
A trio of billionaires had reportedly been engaged in a bidding war for the Platinum Triangle, limestone chateau. Fred Bernstein of Westside Estate Agency represented the buyer, who beat out billionaires from England and China, while Kurt Rappaport represented Ms. Saperstein.