A Big Deal in Beverly Park

SELLER: Jeff Bazyler
BUYER: Some really rich Ukis
LOCATION: 40 Beverly Park, Beverly Hills, CA
PRICE: We don't know yet, but last listed at $31,500,000
SIZE: 27,000 square feet (approx.), 10 bedrooms, 14 bathrooms
DESCRIPTION: Remarkable new mansion never lived in stands 3 stories tall w/ a gorgeous waterfall running down its side. 27,000 sf on approx 2 acres of lush land. Designed by renowned architect Richard Landry. Features an unbelievable library with a glass floor overlooking 2500 bottle wine cellar, grand ballroom & astounding home theater. Full marble spa in basement, wet/dry massage rms, indoor pool & hot tub, fully landscaped yard (w/ permits for tennis court), outdoor pool w/ fountains and covered loggias.

YOUR MAMAS NOTES: Although big 8-figure deals are increasingly rare even in the rarefied and high-priced Platinum Triangle areas of Los Angeles, they have not stopped happening altogether. We recently received word from Our Fairy Godmother in Beverly Hills that a 27,000 square foot speck-built faux-Chateau at 40 Beverly Park that was last listed at $31,500,000 recently sold. That's right children, sold. S.O.L.D..

It is our understanding from Glinda the Good Witch that the seller and developer is a biznessman named Jeff Bazyler who heaved the over-sized mansard roofed monster manse onto the market in the fall of 2008 wit a mind-numbing asking price of $49,000,000. It wasn't long before the outrageously lavish property underwent several jumbo price chops (for obvious reasons we will not discuss) until it reached its last asking price of a much lower but still staggering $31,500,000.

At some point, the 10 bedroom and 14 bathroom behemoth was put up for lease with a monthly rent of $145,000. Boo-coo bucks by any standards, but nowhere near the rumored and reported two-hundred grand per month the Little Purple One Prince paid to lease another hotel sized house in Beverly Park last year. According to Glinda, a seemingly endless fountain of high-end and celebrity real estate scuttlebutt, there were no takers at that price.

Your Mama briefly described Mister Bazyler's palatial pile this way in a previous discussion in early March 2009 when we hadn't an inkling anyone was actually interested in writing a fat check for the place:

"The three stories of unrestrained opulence include monumental entertainment spaces including an honest to God ballroom, a poshly paneled circular library with a glass floor that looks down into a 2,500 bottle brick-lined wine cellar, a huge home theater, a marble spa in the basement that includes wet and dry massage rooms, a gigantic gym with mirrored walls, a hot tub and an indoor pool for all those chilly southern California winters. The grounds include a swimming pool, deep loggias for lazy afternoons lounging in the shade and the necessary permits for a tennis court. The necessary permits? Thirty one million bucks and you get permits for a tennis court? Pleeze. For that amount of money we don't only want a tennis court, Your Mama and the Dr. Cooter want a deeded to the property and scantily clad tennis pro available at day and night at a moment's notice."

Anyhoo, just when everyone, meaning Your Mama, thought none of those steroidal houses up in Beverly Park was ever going to sell, it happened. The moment we got wind of the sale, we got on the horn to see if we could sort out the identity of the deep-pocketed buyer. After several stabs in the dark and a couple of dead end roads, we heard from the all-knowing Nelly Knowsitall who whispered in Your Mama's big ear that the new owner–whose name she did not offer–are the same really rich Ukrainians–or Ukis as my not so rich Ukrainian pals call themselves–who recently flipped a mansion on Marilyn Drive in Beverly Hills on the market with an asking price of $24,000,000 after purchasing the place in November of 2007 for what records reveal was $17,500,000.

UPDATE LATER SAME DAY: Almost as quickly as we posted our discussion above we heard from Lucy Spillerguts who swears on her lacquered nails and fake boobs that the buyer is a ladee named Oksana Borzina, who may or may not be a front for some other shadowy figure who prefers not to be identified. Miz Borzina appears to be some sort of real estate investor/flipper who also owns two adjacent properties just above the Sunset Strip that records show were purchased for a total of $8,225,000 in 2006 and 2007 and flipped back on to the market in June of 2008 as a single property with a gutsy asking price of $14,600,000. The listing languished on the market for nearly a year and was price chopped to $10,900,000 before the two parcels were uncoupled and recently re-listed as two separate properties. The larger contemporary crib on Sunset Hills Road has an asking price of $8,500,000 while the much more modest property on Cory Avenue has an asking price of $1,995,000.