October 24, 2021 Your Source for Brentwood News

Riviera Mansion With Retractable Roof Sells for Record $83 Million

Ardie Tavangaria sells mansion to unknown buyer 

By Chad Winthrop

A Riviera spec mansion has sold for $83 million–a record sales price for the Westside–to an unknown buyer who made a fortune in cryptocurrency. 

As reported by The Real Deal, spec developer Ardie Tavangarian’s Pacific Palisades spec mansion has sold for $83 million. According to The Real Deal, this is a record high sales price for a Westside residential property. 

The sale was off market. All that is known about the unknown buyer is that he made a fortune in cryptocurrency. 

Sitting on a one-acre hilltop plot at 1601 San Onofre Drive, the mansion was previously on the market for $88 million last year. 

Checking in at 20,000 square feet, the mansion includes six bedrooms and 18 bathrooms. The main bedroom includes a retinal scanner for access and features a retractable roof. 

Other amenities include floor-to-ceiling glass windows and an infinity pool. 

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