Michael “Flea” Balzary already owns two enviable homes in the Los Angeles area, a $ 7.5 million cottage in the gated community of Malibu Colony and a funky $ 4.25 million resort in the foothills of La Crescenta. . The Red Hot Chili Pepper has always been successful in real estate – last year it sold a spicy Malibu beachfront estate for $ 20 million to hedge fund manager Ross Laser, more than double what Balzary initially paid for the location – so he bolsters his real estate portfolio yet again, this time by handing out an impressive $ 14 million for a 1.38 acre spread on Mulholland Drive.
While the house has a coveted 90210 zip code, it’s technically located in the rugged mountains above LA’s Studio City neighborhood. Built in 1948, but completely renovated in the early 2000s by Los Angeles architect Aleks Istanbullu, the three-story architectural estate sold Flea and his fashion designer wife Melody Ehsani for a discount of nearly $ 2 million. dollars on the initial request of $ 16.9 million. The vendors were former Paramont chief Adam Goodman and his wife Jessica, who acquired the ranch-style estate in 2010 for $ 4.2 million from Emmy-winning host GÃ¡bor CsupÃ³ of “Rugrats” fame. . Prior to that, the property was owned in the 1990s by Blue Note Records President Don Was.
Out of sight of the street and resting beyond a long gated driveway, the private residence is secluded in the middle of resort grounds and surrounded by famous neighbors – just across the street is the residence longtime principal of Jack Nicholson; also nearby are the massive Warren Beatty mansion and Lana Del Rey’s multi-million dollar resort.
Topped with green steel and redwood, the heavily modified architectural structure includes seven bedrooms and eight bathrooms in over 7,300 square feet of living space. There are skylights and hardwood floors throughout, and glitzy amenities include a state-of-the-art Bel Air Circuit movie theater with a 15-foot screen and soda maker, plus a wine cellar. underground – air conditioned, of course.
The front door opens into a double height living room perfect for entertaining, with glass walls spilling out onto an alfresco dining terrace. Returning inside, a series of steps lead past a library and up to a dining room, which in turn adjoins a sleek, contemporary kitchen fitted with luxury stainless steel appliances. Overlooking the living room is a mezzanine level holding a family room with its own cantilevered balcony; the whole of the third level of the house comprises a sumptuous master suite with a living room, a copper fireplace, a gym, a steam shower, a sauna and two roof terraces with mountain views. A spa-like tub is fitted with a concrete tub located under a large window.
Outside are lush, ultra-private grounds laden with custom amenities. A kitchen and wood-burning fireplace are ideal for alfresco dining, a sitting area with fireplace is perfect for s’mores, and a hepatic leaf-shaped pool has an “underwater viewing room. “. Kids will love the trio of whimsical tree houses, linked by a suspension bridge. Adults may prefer the putting green and the independent garage for four cars. There are also guest quarters and an âart booth,â according to the listing.
Born in Australia but raised in New York City, Flea remains best known as a founding member and bassist of Los Angeles-based rock band Red Hot Chili Peppers, whose recordings have earned them six Grammy Awards and a Rock and Roll Hall induction. of Fame. The 59-year-old has also tried his hand at the theater, with roles in more than 20 movies and TV shows, including “Suburbia”, “Fear and Loathing in Las Vegas” and “The Big Lebowski”. Flea co-founded the Silverlake Conservatory of Music, a non-profit music education organization for underprivileged children; in 2019, he published âAcid for the Childrenâ, a memoir of his youth.
Josh Altman and Matt Altman of the Altman Brothers team at Douglas Elliman were the listing agents; Sherri Rogers and Anthony Stellini of Compass replaced the buyer.