The restaurateurs behind the popular upscale Chinese chain, Mr. Chow, are seeking a buyer to pay $78 million for their massive estate in the Holmby Hills.
The 30,000-square-foot property, built from scratch by owners Michael and Eva Chow, is modeled after the Reina Sofia museum in Madrid, the Wall Street Journal reported. There are seven bedrooms, two staff rooms, an underground theater and an Art Deco-inspired library.
It also features Moorish columns dating back four centuries, Art Deco furniture and intricate, Florentine ceilings that highlight the couple’s art collection.
Outside, a swimming pool, guesthouse and rooftop terrace complete the property.
Jeff Hyland and Rick Hilton of Hilton & Hyland share the listing with Josh and Matt Altman, as well as Jacob Greene of Douglas Elliman.
Michael Chow paid $3.5 million for the property on South Mapleton Drive in 1991, property records show. The couple demolished a home on the site to make room for the existing mansion, which was completed in the mid-2000s, Hyland told the WSJ.
With a price tag of $78 million, the Chows’ listing ranks among the most expensive properties to come on the market in the last few months.
Earlier this month, spec home developer Nile Niami listed a 27,000-square-foot mansion in Bel Air for $65 million. That was just a few weeks after a Beverly Hills estate, once owned by William Randolph Hearst, re-listed for $135 million.
The Mr. Chow chain features seven upscale restaurants that are often popular with celebs, including locations in Malibu, London, TriBeCa in New York, and in Miami Beach. [WSJ] – Natalie Hoberman