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Ex-WeWork Executive Selling L.A. Mansion

  • November 16, 2020
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The Los Angeles mansion that once belonged to former Fleetwood Mac star Lindsey Buckingham is back on the market, only a little more than a year after the musician handed over the property, but with $4 million added on to the price tag. The storybook-style estate, complete with a tower, a turret and a vine-laden pool pavilion, hit the market earlier in November for $32 million.

It’s being sold by Michael Gross, a former executive at coworking giant WeWork, who bought the spread from Mr. Buckingham in July 2019 for $28 million, property records show. Despite his short tenure at the home, it seems as though Mr. Gross has left his mark, as the property just underwent a complete top-to-bottom renovation with no expense spared. The compound’s six-bedroom main house was built in 2007, three years after Mr. Buckingham, 71, and his wife, Kristen, bought the parcel for $6.6 million, according to property records.

Now fitted with upscale contemporary interiors, the home has beamed ceilings, wood-paneled walls, a formal entry with a sweeping spiral staircase, a grand living room and a chef’s kitchen with marble floors and countertops, and a games room. There’s also a primary bedroom suite with a sitting room, two walk-in closets and an office, a recording studio, a separate gym and pool pavilion and a guest house, according to the listing.

The home’s 1.2-acre grounds are home to patios, a large gated motor court, rose and vegetable gardens, a pool and a tennis court. Mr. Gross was reportedly laid off from WeWork in 2019—shortly after the purchase of the home—amid a company-wide slim-down following the departure of Adam Neumann, who stepped down as chief executive following the company’s failed initial public offering,

Article source: Mansion Global

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