Restoration Hardware CEO Gary Friedman Unloads Two Posh California Properties
Restoration Hardware CEO Gary Friedman has an extensive collection of real estate treasures and he just let two of them go. The retail tycoon has parted ways with a Beverly Hills 1960's-style home he listed in August 2017 as well as the sprawling Napa Valley mansion he listed last year.
Friedman's 4,300 square-foot Beverly Hills pad (above) sold for just under asking price at $11.33 million, according to Variety. Originally listed at $10.5 million, the CEO's 5,410 square-foot Napa Valley home, on the other hand, sold for close to $3 million less than asking at $7.55 million.
Although the two California spreads couldn't be more different, they are each Pinterest-worthy with their impeccable finishes and innovative design elements. Friedman's Eight Palms place just outside Napa Valley underwent a comprehensive two-year renovation and it shows in every space. Elegant neutrals and eye-catching fixtures shine throughout the six-bedroom home. Vineyards surround the main house, which itself boasts perfectly manicured grounds and an ideal outside space including a fireplace and pool.
In Beverly Hills, fresh neutrals and clean lines dominate again in classic RH style. The line blurs between inside and outside with full wall-size doors that open to a pool and lounge area. Luxurious and airy design elements creates an effortlessly glamorous environment for this L.A. home.
In St. Helena, various shades of gray and two seven-foot Etruscan fountains flank the front door.
Friedman's other property, a 4,230-square-foot home, is in the affluent Trousdale Estates area.