Billionaire Russell Weiner Flips Farmhouse-Style L.A. Home for $4.2M

Published: September 25, 2018 | By: American Luxury Staff

Energy drink magnate Russell Weiner hasn’t had any luck selling his massive estate in Beverly Park—that home was reduced from $49 million to $35 million in June of this year, before vanishing from the market later in the summer—but he did recently find a buyer for a considerably more modest investment property near West Hollywood. This month, the Rockstar Inc. founder let go of the farmhouse contemporary for $4.15 million.

A look at the exterior reveals an attempt to reconcile the two influences, with plenty of glass, peaked roofs, and clapboard-look cladding. It yearns to appeal as both vintage and very now, but it was built last year, and looks it, even if you miss the price tags hanging from the seats in the home theater.

In the shared living spaces, things look awfully familiar. Satin finished natural wide-plank or chevron floors, recessed fixtures, pendants or molecular chandeliers, open-concept living areas, tongue-and-groove, a few exposed beams, some built-in shelving, and a strategic veneer of marble accenting kitchen and baths aggregate into the blandly urbane 21st-century L.A.-area overgrown cottage that’s a good lowest-common denominator stylistic bet for a developer these days. The earthy subway tile in the wine room is a nice touch, but no less generic, and the token strips of grass struggling to find self-expression within the prevailing concrete of the patio look terribly forlorn.

Weiner purchased the property in July of 2017, for $3.68 million. He lives primarily in Florida, where he owns estates in Delray Beach and Miami Beach; he picked up the Miami Beach property in 2016, for a little less than $20 million, and paid $11.5 million for the home in Delray Beach in 2009.

5307 September 25, 2018 Real Estate September 25, 2018