Almost exactly a year after buying one of Mohamed Hadid’s spec mansions in Bel Air, a local investor is now listing his own luxury project. This time it’s in Beverly Hills.
Max Fowles-Pazdro is selling a 24,000-square-foot spec mansion for $46.5 million, according to the Los Angeles Times.
The eight-bedroom, 11-bathroom home has all the trappings of ultra-luxury, including marble and stone and floor-to-ceiling windows. There are five kitchens and seven powder rooms on an acre of land. Jonathan Nash with Hilton & Hyland has the listing.
Last May, Fowles-Pazdo paid $56 million for a Hadid-built 35,000-square-foot spec mansion in Bel Air. That marked a serious price chop from its original $85 million asking price.
In addition to his forays in development, Fowles-Pazdro also appears to be a fashion designer and somewhat mysterious mogul. A website for his L.A.-based women’s wear line calls him a London native.
His LinkedIn page lists says he is head of acquisitions for London and Regional, a U.K. developer that purchased the Hotel MdR in Marina del Rey last year. He also appears to have started two L.A.-based companies since then, including one called Blackpearl Real Estate that doesn’t appear to be actively investing.
[LAT] — Dennis Lynch