"Completed in 1998, the Italianate compound includes a main house of more than 11,000 square feet, a pair of guest homes, a swimming pool, a pool house, a tennis court, formal gardens and parking for as many as 30 vehicles on slightly more than five acres. Groin vault ceilings, arched doorways, pillars and detailed wood finishes lend an Old World ambience to the two-story residence, which counts 10 bedrooms and 16 bathrooms."
"Gretzky and his wife, actress Janet Jones, had intended to develop what was originally about two acres, but opted to build a home at Sherwood Country Club in Thousand Oaks instead. Gretzky sold the property to Smidt during the summer of 1995, with the tool magnate paying close to its asking price of slightly more than $2 million."
"A two-story library/study boasts a sitting room, a fireplace and custom built-ins. The formal living room, with vaulted ceilings and an oversized limestone fireplace, opens onto a loggia with a sitting area and an additional fireplace. Among features is a movie theater, a coiffure salon, a gym, a wine cellar and an observation deck."
Eric Smidt, chairman and CEO of Harbor Freight Tools, sold a Beverly Hills estate in the prestigious Beverly Park area for $39.9 million after being listed at $45 million in March. The Italianate compound, completed in 1998 and built on land once owned by hockey legend Wayne Gretzky, spans 5.06 acres and features over 11,000 square feet in the main residence with 10 bedrooms and 16 bathrooms. The property includes guest homes, a swimming pool, tennis court, movie theater, wine cellar, gym, and parking for 30 vehicles. Smidt acquired the original parcel from Gretzky in 1995 for approximately $2 million and purchased an additional parcel in 1999 for over $3 million to expand the estate.
Read at Los Angeles Times
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