It may not be newsworthy when a $65 million Beverly Hills mansion goes on the market. In reality, this occurs frequently throughout the year on average. But this particular home, called Elementi, is allowing buyers to pay for the house using Bitcoin rather than cash or loans. It is situated in the ultra-exclusive Trousdale Estates development.
According to Elementi’s listing agent, Aaron Kirman of Compass,
“The sellers are really interested in cryptocurrency, and it’s a developing movement that I think will be adopted into the residential realm,” the author says.
Kirman is co-listing the property with Adam Rosenfeld of Compass and developer Michael Chen. Chen also said
The founding member of Luxford Development Group is Chen. He has previously created furniture in Milan and sets for Warner Brothers. He has been constructing Elementi for six years. A 15-foot waterfall, an entryway bridge, and a 15-foot, 150-year-old historic olive tree imported from Tuscany are among the natural elements included in the home’s California modernist design. The tree was installed in the home’s central courtyard by Chen. The tree, in his words, is the life of the home.
The mansion has seven bedrooms and 18,000 square feet of space. A cantilevered balcony and a full quarter of the house are devoted to the master suite. The gourmet kitchen has a 14-foot leathered marble island, Dada cabinetry, and Gaggenau appliances. The home also has a butler’s kitchen, wellness center, gym, home theater, 2,000 bottle wine cellar, and a half-length Olympic-size swimming lane in the enormous pool. All of the furnishings, doors, millwork, stone, and vanity were imported.
Additionally, the home is run by a high-tech digital system called Josh. Any request for a home action can be given to the voice control system by the owner.
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