Sportswear CEO sells Beverly Park mansion for $29 million

Written by MLHA Team

September 4, 2021

Beverly Park, one of Southern California’s most affluent neighborhoods, has its newest resident after Jem Sportswear CEO Jeff Marine sold his Mediterranean mansion for $29 million in an off-market deal.

Records shows it was bought by a limited liability company based in Hong Kong.

Spanning 17,000 square feet, the estate holds its own in the star-studded neighborhood with residents including Eddie Murphy, Rod Stewart, Denzel Washington and Sylvester Stallone, who offered up his 3.5-acre retreat there earlier this year for $110 million.

“It’s on one of the best lots in Beverly Park, which is one of the best neighborhoods in Beverly Hills,” said Drew Meyers of Westside Estate Agency, who represented the buyer. “There’s nothing like Beverly Park.”

Marine’s place covers 2.5 acres and includes an 11,000-square-foot main house, guesthouse, motor court and spacious backyard with a swimming pool surrounded by sprawling lawns and covered patios. A second-story deck takes in the scene from above.

Every space is palatial inside, from the two-story foyer lined with columns to the billiards room under dramatic beams. Elsewhere are eight bedrooms, 11 bathrooms, a formal dining room, oversize kitchen, bonus room, office, movie theater and gym.

Ben Bacal of Revel Real Estate held the listing, and Meyers represented the buyer.

Greater Boston Real Estate Market Update

In this episode of Dwell360's special series Real Estate Answers in Uncertain Times we explore what has happened in the real estate market in the Greater Boston area in the first half of this year.Read more

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