Billionaire Steve Sarowitz Picks Up L.A. Estate for $9.1M

Published: August 3, 2021 | By: American Luxury Staff

Paylocity founder Steve Sarowitz is the new owner of an atmospheric villa in Santa Monica, according to Dirt. The billionaire plunked down $9.1 million to acquire the property, which puts a well-defined touch of the Cote D’Azur on the SoCal coast.

The exterior of the 8,578 sq. ft. residence begins with an expressive façade: vine-covered yellow stucco, a series of arched French doors and accompanying Juliet balconies on the second floor, a wrought iron entry gate. The home’s 2009 build date emerges strongly inside, where the engineered style becomes more overt: the kitchen’s oddly formal mix of French country rusticity and contemporary glitz, the heavy carved wood doors of the office.

Of the individual rooms, the master bedroom comes off best. Even if the mix of candelabra chandelier and recessed light fixtures is always jarring, the room opens broadly via optional glass to expose the Mediterranean balustrade of the balcony, the color pleasingly echoed in the room’s fireplace. The master bath sets up a similar sympathetic contrast between the hardwood and the warm-toned masonry-like tile—although, again, the visuals are subverted by the incongruity of the soaking tub’s grey-scale mosaic backsplash.

In the outdoor living spaces, the property really comes into its own. The tile-floored courtyard off the formal dining room is suitably transportive, with landscaping giving the flora considerable latitude of expression. A pool with water jets, a cabana, a wine cellar, an elevator, a screening room and a gym are among the property’s additional amenities.

Sarowitz’s net worth is around $3 billion, according to Forbes.

4415 August 3, 2021 Real Estate August 3, 2021