For over 40 years, Bernard Arnault has been perfecting his mastery of the luxury goods retail sector, selling enormous quantities of designer labels to well-heeled and status-conscious consumers around the world. Now he wants to do the same thing with real estate—the $150 billion man has put one of his two haute couture Hollywood Hills spec-homes back on the market, wearing the same $72.5 million price tag as when it first popped up earlier this year.
Should the Bird Streets mansion transfer for its full asking price, it will become the most expensive Hollywood Hills home ever sold, exceeding a $70 million estate acquired by the CEO of Fanatics three years ago.
As you might expect from a legendary French tastemaker, the house is dressed to the proverbial nines. Designed by popular spec-mansion architect Paul McClean, built by Dugally Oberfeld, and completed in 2023, the decidedly louche manse wears radically contemporary interiors done up by prestigious firm Marmol Radziner. Walls of glass throughout ensure a seamless indoor/outdoor living experience, not that the interiors are confining—there are seven bedrooms and nine bathrooms in a whopping 13,400 square feet of living space, and nearly every room sports jetliner views of the Los Angeles skyline.
From the street, a gated driveway slopes down into the home’s underbelly, where an 8-car subterranean garage awaits. There’s also a gated pedestrian entryway that leads across a bridge set above the structure’s lower level to the glassy front door. Beyond that, guests are hit head-on with spectacular views from the combo living/dining/kitchen area, which is equipped with the expected fireplace and premium Sub-Zero/Wolf appliances.
The primary suite is conveniently located on the main level, and it features walls of glass, dual closets, a catwalk-slim outdoor terrace, and a bathroom clad almost entirely in imported white marble. There are two additional spacious bedrooms located on the main floor, one of them furnished as a swanky office; the remaining bedrooms—including two staff suites—are tucked away in the home’s lower level.
Accessible via stairs or elevator, that lower level also includes a trendy “wellness retreat,” per the listing, and a relaxation-themed living room with a built-in bar, a glassy wine display, an adjoining games room, and a movie theater. We particularly like the gym, which offers walls of glass and direct access to a covered outdoor patio, and the indoor spa, which contains its own massage room and sauna.
Though the property spans less than half an acre, it is notably spacious for the notoriously tightly-packed Hollywood Hills. Besides a small patch of AstroTurf lawn, guests will enjoy an expansive al fresco dining terrace, several dedicated lounging terraces, an outdoor fireplace, and the property’s most show-stopping feature—an infinity pool that seems to hover above the twinkling city lights, like a watery magic carpet.
Arnault bought this property in 2018 for $14.5 million and subsequently razed the existing house, per records. He also did the same thing to the property immediately next door and to the west of this one, which now also sports a nearly identical spec-mansion built by the same team of architects and designers. As far as we can tell, that second property is currently leased out—but don’t be surprised if it also pops up for sale in the coming months.
The Arnault family, who still own a substantial part of luxury conglomerate LVMH and many of the 90210’s famed Rodeo Drive shops, also keep a personal residence in Los Angeles. That compound, which features a custom-built main mansion, separate guesthouse, two swimming pools and a full-size tennis court, sprawls across two adjacent lots in the exclusive Trousdale Estates neighborhood of Beverly Hills.
And the Arnaults are widely known to be constructing a massive estate in the mountains above Beverly Hills. Underway for years now and still nowhere near complete, that multi-acre property is located just up the street from the main L.A. residence of Jeff Bezos.
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