Fashion Mogul Georges Marciano has just listed his glamourous old Hollywood estate at 1000 North Crescent Drive in Beverly Hills. The French-born businessman built his fortune with Guess? Jeans and later sold his shares to his brothers in 1993. After being successfully countersued by former employees, Marciano lost his immense fortune when he was ordered to pay $370,000,000 to settle the suit. His financial life is currently in shambles, thus prompting the sale of his iconic mansion.
For years, the estate was often a stop for tour buses in the area, thanks to the 10+ Ferrari’s regularly parked out front. Times really have changed and now it’s time for Marciano to bid adieu to his 7-bedroom, 9-bathroom, 19,500 square foot estate. Exquisitely designed in 1927 by Robert D. Farquhar, the estate was once home to Harry Cohn, the legendary founder of Columbia Pictures.
A grand two-story wood-paneled foyer leads to a dramatic sweeping staircase and public rooms, including an elegant living room, formal dining room, billiard/game room, card room, family room, 2 kitchens, paneled library and a screening room. The upper level includes a lavish master suite with separate his and hers bath and walk-in closet wings and study. 6 additional bedrooms and 5 bathrooms complete the upper quarters. The property’s amenities include a circular motor court and garages, 2 guest houses, maids quarters, a sunken tennis court and pavilion, terraces, pool/cabana, and over 2 acres of lush gardens, lawns and pathways. A truly breathtaking Italian revival estate.
Linda May of Coldwell Banker holds the listing. Images courtesy of the MLS.