Shortly after Anthony Davis agreed to a $190 million contract with the Lakers, he reinvested a sizeable amount of his earnings on a brand-new home in Los Angeles. The Chicago native paid an astounding sum for a mansion in Bel Air Crest, a guard-gated neighborhood tucked in the mountains between Bel Air proper and the San Fernando Valley, according to a report first published by The Real Deal.
Developed in the late 1980s and early 1990s, Bel Air Crest consists of approximately 200 residences, the majority of which are Mediterranean-style mansions with private driveway gates. Gordon Ramsay, Kathy Gryphon, Kim Kardashian, and Kanye West are among the other notable tenants of Bel Air Crest. West lived there while building his enormous Hidden Hills estate.
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Public records show that Davis obtained a $20,1 million mortgage and paid precisely $31 million for his new home. He never put his house up for sale. The estate in question is the largest and most extravagant in the entire neighborhood, boasting approximately 20,000 square feet of living space and situated on a 3.5-acre promontory with breathtaking views of the Pacific Ocean and Catalina Island.
According to property records, the eight-bedroom, nine-and-a-half-bathroom house was built for the Changs, a local family, in 2010. The precisely symmetrical structure, which is perhaps best described as an International-style, European-influenced chateau fusion interpretation of the White House, was sold in 2016 for exactly $10 million to Ted Foxman, a retired semiconductor executive-turned-real estate developer. Foxman subsequently invested a further fortune on the full restoration of the property; both the interiors and the landscape were completely restored, resulting in a far more lush and lively space than before.
Foxman also indulged his decorative whims with the home, adding vibrant splashes of color throughout and even parking a vintage Porsche 356 in the living room, which was painted in a lovely aqua hue. The previous year, Elle Decor published photos of the outcome of his labors, which were overseen by Lonni Paul, an interior designer located in Los Angeles.
A massive dome atop the double-height vestibule gives the interior a solarium-like atmosphere. There is a music room for guitar jam sessions, a games room with a wet bar, a wine cellar, and a movie theatre, among many other intimate chambers. The property’s main attractions are the 120-foot-long Olympic-caliber pool and the spectacular view, which eclipse the mansion despite its immense size. Other attractions include an endless lawn, a full-size tennis court, and a cabana by the pool.
Davis previously possessed a mansion in Westlake Village, which he purchased in 2018 for $7.5 million and sold in 2020 for a staggering loss of one million dollars. As for Foxman, who more than tripled his money on the Bel Air sale to Davis — before taxes and renovation expenses, of course — he has downsized to a $13.8 million mansion with a basketball court and 13,000 square feet of living space in Encino.