Life at the Top of Picacho Lane

Noteworthy new listings…. The seller of 880 Picacho Lane ($36.5 million), at the northern end of the prestigious street, paid $20 million for the 3.5-acre property in April 2021. You know those Paris homes you see in design magazines, where someone has taken a gorgeous old building and given it a spare-but-luxe interior? I think that’s what this one is going for, with its mix of rustic (e.g., all those beams, the barn doors) and polished (e.g., herringbone floors, a dumbwaiter). But this doesn’t have the patina of a 19th-century Haussmann-style structure; built in 2014, it smacks of newness. And there are some interesting choices, such as “temperature-controlled wine room with glass ceiling visible from main level den” (why?) and a windowless “bunk room” that Charlie Munger would’ve admired.

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