A Beverly Hills estate that has been on and off the market for 20 years and was previously owned by a Russian businessman is listed for $26 million — take a look

OSTN Staff

Business
A fountain feature in front of the mansion.
The fountain feature in front of the house.

Courtesy of One Shoot Production.

  • A mansion once owned by Russian businessman Gennady Moshkovich is for sale for $26 million.
  • The home, known as the Loma Vista Estate, sits in prime Beverly Hills.
  • The entire lot spans nearly two acres and has a guest house in addition to the main residence.
A Beverly Hills mansion formerly owned by a Russian businessman is on the market for $26 million.

An exterior drone view of the whole estate, surrounded by lush greenery.
A bird’s eye view of the entire Loma Vista Estate.

Courtesy of One Shoot Production

The mansion was formerly owned by Russian businessman Gennady Moshkovich, head of Moschanko Investment Group — the company behind a $4 billion theme park being built just outside of Moscow. Moshkovich bought the house in 1998, the New York Post reported.

Moshkovich had previously tried to sell the place in 2020 as part of a reorganization plan for his bankruptcy case, per Bloomberg.

The listing has been on and off the market since 2001, with a listing-price high of $28.8 million in late 2017, property records show. The estate, now listed for $25.99 million, hit the market in February, the Real Deal first reported.

Adi Perez with The Agency has the listing.

Perez told Insider that Moshkovich no longer retains ownership of the house as of July 2021, and that the current owner is a local businessman who declined to be named.

Situated behind large gates, the one-story estate was built in 1974 and sits near the historic Greystone Mansion in Beverly Hills.

Exterior view of house with palm trees and a walkway
Exterior shot of the mansion.

Courtesy of One Shoot Production

In addition to the main residence, the property comes with a detached guest house.

Source: The Agency

The two-acre estate has seven bedrooms, 13 bathrooms, and six fireplaces. The house has high ceilings and floors made of stone and wood.

An interior view of the living room, with two separate seating areas.
The living room.

Courtesy of One Shoot Production

Source: The Agency and Realtor.com

A 10-seater table in the dining room offers plenty of space to host guests.

Interior view of the dining room with a fireplace. A 10-seater table stands in the middle with wooden cabinets lined up against the wall.
The lavish dining room with a 10-seater table.

Courtesy of One Shoot Production

Source: The Agency and Realtor.com

The gourmet kitchen is replete with a kitchen island.

Interior view of the kitchen with cabinets and appliances all around. An island counter in the middle.
The kitchen.

Courtesy of One Shoot Production

Source: The Agency and Realtor.com

The garden can be easily accessed through the full-length glass doors in at least one of the bedrooms.

An interior view of a bedroom, with its own sofa seating area, a kitchenette and a dresser. The bedroom has doors that open up to the garden.
One of the seven bedrooms in the mansion.

Courtesy of One Shoot Production

Source: The Agency and Realtor.com

One of the bathrooms is outfitted with a bathtub, shower, and a double vanity.

An interior view of the bathroom, with a bathtub and a shower.
The luxurious bathroom.

Courtesy of One Shoot Production

Source: Realtor.com

Out back, the house opens up to stone pool and hot tub with fountain features.

An exterior view of the mansion's pool in the day, with palm trees.
The outdoor stone pool and spa.

Courtesy of One Shoot Production

The detached guest house has three beds and two bathrooms, as well as its own kitchen, dining, and living area.

Source: The Agency

Among the estate’s amenities is a sauna, a gym, and a wine cellar. It also has a three-car garage and 10 open parking spaces.

Interior view of the sauna, with wooden panels and seats
Interior shot of the sauna.

Courtesy of One Shoot Production

Source: The Agency

The 11,000-square-foot estate features a private basketball court on the grounds as well.

An exterior view of the mansion's private basketball court.
The basketball court.

Courtesy of One Shoot Production

Source: The Agency

Read the original article on Business Insider

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