A renovated early-ish modern-style above Sunset Boulevard was in the cards for Adam Adelson this winter. Adelson is the son of one Sheldon, a businessman who owns the Las Vegas Sands Corporation, and who is worth around $38 billion.

The house, a five-bedroom, six-bath, is a beaut. A thoroughly renovated modern dating to the American halcyon days of the late 1940s, the residence is bursting at the seams with relieved postwar ebullience and optimism. The setting is verdant and private, one of the quieter corners of Los Angeles.

The property’s gated entrance gives way to a broad motor court, and the shoji motif of the gate design is quickly picked up in the house at street level. In the back of the house, where it opens generously to the city, the theme is fully fleshed out in the lengthy series of windows and fold-away glass walls.

The interiors measure 5,481 square feet, but a sense of space is key to the architecture, and the common area rambles with the best of them. A great deal of bright white paint offers abundant natural light, and refinished wide-plank oak floors have been given the familiar matte treatment, and warm things up subtly but definitively. Plank ceiling accents help keep the emphasis on invitational warmth, as do built-ins, ambient lighting, and a series of minimally expressed fireplaces.

The lot is comprised of two original parcels, so it extends to three-quarters of an acre. The patio, terrace, deck and balcony space fits the setting precisely, and will be a constant draw for the new owner when traditional L.A. weather reigns.