RH Executive Gary Friedman Buys Beverly Hills "Promontory" For $37 Million

Gary Friedman is chief executive officer of the furnishings brand RH (formerly known as Restoration Hardware). He's also, as the Wall Street Journal recently reported, the new owner of a large, five-bedroom mansion in Beverly Hills, a home he purchased for the reported sum of $37 million a bit lower than the asking price

Gary Friedman is chief executive officer of the furnishings brand RH (formerly known as Restoration Hardware). He's also, as the Wall Street Journal recently reported, the new owner of a large, five-bedroom mansion in Beverly Hills, a home he purchased for the reported sum of $37 million – a bit lower than the asking price it was listed for.

The new Friedman house is one of those homes that's upscale and important enough to have its own proper name: "the Promontory." The Promontory was first listed back in May for $46.75 million, then for $39.95 million, so the $37 million price was something of a bargain for Friedman.

The house measures in at about 11,000 square feet, with a blend of architectural styles, primarily Hollywood Regency as well as the characteristic style of Palm Beach. Inside you'll find a mid-century-style bar (despite the house having only been constructed recently), a screening room, and a gym, plus an infinity pool and a garage with room for four cars. Here's part of how the house was described in its official listing:

"A masterful creation by renowned Architectural designer Tim Morrison, this World-Class modern references elements of Hollywood Regency and the grand estates of Palm Beach. Meticulously crafted interior of approximately 11,000sqft showcasing unparalleled quality. Two-story skylight foyer, grand dining room, formal living room, and mid-century bar all flow effortlessly for entertaining. Spectacular master with explosive jetliner views, sitting room and dual baths. Additional features include a sumptuous screening room, 4 bedrooms, gym, and gourmet kitchen. One of the few drive-on view estates, behind gates with a vast motor court and 4 car garage. The rear grounds offer spectacular formal gardens and dramatic floating zero edge pool. Destined to be a legend."

You can take a look at the future legend known as the Promontory in the video below, courtesy of Berlyn Media:

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