Jan 12, 2024
Maurice Marciano Lists Stylish Beverly Hills Retreat for $39.5 Million
In a swift move, Maurice Marciano, the retired jeans mogul and cofounder of Guess, is putting his chic Beverly Hills residence on the market for $39.5 million.
Traded Editorial
In a swift move, Maurice Marciano, the retired jeans mogul and cofounder of Guess, is putting his chic Beverly Hills residence on the market for $39.5 million. Just a year ago, Marciano traded in his Paul McClean-designed home for this modern gem, situated less than a mile away. The stylish contemporary property boasts a $4 million increase in price since Marciano acquired it.
A Glimpse Inside the Modern Haven
Purchased for $35.5 million from broker Fred Bernstein in fall 2022, this ranch-style abode has an intriguing history. Previously owned by film producer Megan Ellison and once occupied by Lynne Wasserman, the late Hollywood legend Lew Wasserman's daughter, the house underwent extensive remodeling and expansion. The five-bedroom, eight-bath dwelling, spanning almost three-quarters of an acre, showcases a seamless blend of indoor and outdoor spaces, with unique features like a plush media room, silk-clad dining room, and a gourmet kitchen with dual marble islands.
Timeless Elegance and Luxury
Step into the 9,300 square feet of living space adorned with hand-combed limestone, plaster walls, rare marbles, and automated steel and glass walls. Noteworthy elements include a cashmere-walled media room, a gym, a library with a fireplace, and en-suite bedrooms. The master retreat is a standout, featuring a sitting area, walk-in closet, and a luxurious bath. Outdoors, a sprawling lawn hosts a pool, spa, and various spots for al fresco lounging, accented by a towering fireplace.
Marciano's Remarkable Journey and Current Holdings
In his 70s, Maurice Marciano held senior executive roles at Guess for over 40 years. Retiring in 2012 after a biking accident, he continued as non-executive chairman until 2020. In September 2023, he stepped down as a board member amid a shareholder lawsuit. Besides the Beverly Hills property, Marciano owns a home in Utah and a Napa Valley winery. The listing is managed by Kurt Rappaport of Westside Estate Agency and Branden Williams of The Beverly Hills Estates.
A Rare Opportunity in Trousdale Estates
This Beverly Hills retreat, graced by the touch of a fashion industry legend, offers a rare opportunity to own a piece of Trousdale Estates' luxury. With meticulous design, Marciano's residence is a testament to timeless elegance and modern comfort. Explore the seamless blend of sophistication and tranquility in this exquisite property, inviting discerning buyers to experience the epitome of Beverly Hills living.