Thursday, November 30, 2023

Scandinavian-Inspired Mansion Sells for $18.4 Million, a Record Price in Los Angeles’s Encino Neighborhood - Mansion Global

Norse mythology was the inspiration behind the most expensive home sold in Los Angeles’s Encino neighborhood, which closed Wednesday for $18.4 million. 

Dubbed Odin—after the Norse god—the spec mansion was designed by architect Eran Gispan with interiors by Jae Omar, founder of Jae Omar Design, and completed this year. Spanning 17,500 square feet, the Modern Farmhouse-style residence has Scandinavian influences and offers soaring ceilings, indoor-outdoor spaces and a neutral color palette that utilizes plenty of natural materials.

Think aromatic cedar, knotty oak and rustic stones which represent ancient Scandinavia, Omar told The Wall Street Journal when the home listed in June for $22.9 million.

“The symbol of Odin, and all that it represents as the Norse god of strength and wisdom, underpins the materials and methods found throughout the property,” Omar said in a statement following the sale. “Materials were chosen and details were crafted to best represent the Scandinavian region and its history.”

The bowling alley.

Tyler Hogan

JVE Development was the seller, having purchased the underlying property for $3.89 in August 2020, according to records with PropertyShark. Mansion Global could not determine who bought the home, and records were not yet publicly available. 

Part of Encino’s Royal Oaks community, the eight-bedroom, 12-bathroom residence is full of amenities, including a gourmet kitchen, a bowling alley, a glass-enclosed wine cellar and a curated library with more than 100-year-old mythology books, according to the listing with Sally Forster Jones of Compass and the Altman Brothers of Douglas Elliman.

“There is very much a story woven throughout the home, from each hand-cut, hand-laid stone tile, to every bookmatched slab, to generous floods of cedar,” Forster Jones said. 

Outside, there’s a pool, sports court, a fire pit and an indoor-outdoor wellness area with a gym, massage area, plunge pool, steam room and sauna, the listing said. There’s also a one-bedroom guest house. 

A sunken fire pit.

Tyler Hogan

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