|Images courtesy Partners Trust|
5 Beds/5.5 Bath, 6,950 sqft on 0.79 acres built in 1960. Listed at $4,195,000 on May 11, 2015. This modernist home was originally designed by Bernard Zimmerman, FAIA, and later added on by Lawrence Robbins, FAIA, for the Altschuler family (1960) and Greenberg (1992).
The property was purchased by Ramit Varma, the co-founder of Revolution Prep which is a for-profit SAT/ACT preparation school based in Santa Monica, back on October 4, 2013 for $2,290,000. Based on today's asking price, Varma stands to gain $1,905,000 not factoring in expenses after barely living 2 years in the home. I blogged about this home back when it first hit the market in 2013 including pictures to provide a comparison to the updates here. The listing description states:
Remodelled in 2014, this award winning Neutra inspired mid-century modern home features incredible mountain & valley views. Enter through the gated courtyard with a zen koi pond that runs from the front gates to the interior stair case. The tall double front doors open to the sculptural floating staircase, sunken living room, & remarkable views. Designed by renowned modernist architect Bernard Zimmerman, among the most noteworthy of the period, this home is open and airy with floor to ceiling windows throughout. Off the second floor art gallery, relish in the 180 degree views from the private sitting room, adjacent to the spacious 2nd floor master suite w/ original bespoke storage headboard, original double vanities, & dressing area. Designed to maximize indoor-outdoor living, this private estate sits on ~ of an acre, complete with a pool and tennis court, above neighboring homes, w/ views from almost every room. Live & entertain in style while enjoying iconic modernist architecture.You can view more SFV Architecture and R.E. here.