Nearly 20,000-square-foot Mediterranean-Style Villa Relisted After Multiple Price Cuts
Financier and Milwaukee Brewers minority owner Robert Beyer has relisted his custom-built Brentwood estate for $54.9 million, marking a $10 million reduction from its previous asking price.
The 3.5-acre property, located in one of Los Angeles’ most sought-after neighborhoods, has been on and off the market since 2023, when it was originally listed at $75 million. The latest price cut follows several earlier reductions, including listings at $69.5 million and $64.5 million over the past two years, according to public records. The home was briefly withdrawn from the market earlier this year before being reintroduced on June 9.
Beyer and his wife, Catherine, acquired the land in 2005—the same year he purchased a stake in the Major League Baseball team. They razed the original 1940s ranch-style house and commissioned architect Bob Ray Offenhauser to design a Mediterranean-style villa, constructed using stone imported from Mallorca.
The resulting estate spans nearly 20,000 square feet and features eight bedrooms and 14 bathrooms. The primary suite is complemented by four bedrooms—each designed for one of the couple’s children—as well as a guest suite, an additional guest room, and a staff room with separate access.
The home’s interior highlights include a soaring double-height dining room, a formal library, a gourmet kitchen alongside a separate catering kitchen, a wine cellar capable of holding 1,200 bottles, and dedicated rooms for silverware storage and gift wrapping. Additional amenities include a gym, a game room, and an oversized four-car garage.
Landscaped by Todd Bennit, the grounds offer a blend of manicured gardens and natural features. Olive trees line several of the walkways, and a treehouse constructed among four sequoia trees, complete with a swinging bridge and fire pole, reflects the home’s family-focused origins. Outdoor amenities include a tennis court, a sports court, an infinity-edge pool with an adjacent pavilion, and a pool cabana.
Beyer previously told The Wall Street Journal that the home was ideal for raising a family, but as his children had grown and left, the estate was no longer practical for two people. “While the house is very livable even for the two of us, much of the time we can’t possibly enjoy the extent of it, especially the spacious grounds,” he said.
The listing, held by Carolwood Estates agents Drew Fenton and Andrew Beyer, who is the couple’s son, describes the villa as “one of the most important estates in Los Angeles,” with its completely flat parcel and use of high-end finishes including custom steel doors and windows from Architectural Iron Works.
Robert Beyer, a longtime investor, founded a financial firm in 1991 that was later acquired by TCW Group, where he served as CEO for four years.
Fenton and Andrew Beyer did not immediately respond to requests for comment.
