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Hot Property: Former Holmby Hills area on W. Howard Lester

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The Holmby Hills Plantation, once owned by W. Howard Lester, former chairman and chief executive of Williams-Sonoma cookware retailers, has come to the market for $ 58.75 million.

The gated residence, accessed by an olive tree drive, sits in seclusion, surrounded by mature trees, koi ponds and gardens on a 1.3 hectare plot of land. The Mediterranean-style main house designed by architect Robert Sinclair is in the heart of the property. A bridge from the main house leads to a two-story guesthouse.

Beyond the arched entrance, the main house has details such as limestone floors, Venetian plaster walls, sling ceiling, and pillars inspired by 14th-century Italian gothic architecture. The brick ceiling is above the chef’s kitchen, moored by a marble island. The stairs lead to the wine cellar, film screening room, billiard room, and lounge with gold leaf accents.

There are seven bedrooms, including two staff rooms, eight bathrooms and four powder rooms in the main house. The guesthouse, which has a fitness center and sauna, has another bedroom and two bathrooms.

Swimming pool, spa, pavilion and dining terrace are some of the outdoor facilities. A large motorcycle court is located in front.

Lester, who died in 2010 at the age of 75, bought a San Francisco-based cookware company in 1978 for $ 100,000. Under his direction from 1978 to 2001, he expanded the company from four retail stores to more than 600 stores while generating more than $ 3.4 billion in sales.

This property last changed hands in 2012 when Lester’s land sold it for $ 23 million, according to records.

Linda May from Hilton & Hyland is a listing agent.

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