A Tech Magnate Is Asking $85 Million for His Extravagant Beverly Hills Compound

United States News News

A Tech Magnate Is Asking $85 Million for His Extravagant Beverly Hills Compound
United States Latest News,United States Headlines
  • 📰 RobbReport
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Known as “Villa Theos,” Jim Demetriades's 2-acre spread has a main home and other structures geared toward everything from bowling to dancing.

Around 24 years ago, in December 2000, Jim Demetriades began piecing together a lavish compound with a single house that he and his then-new wife Nancy had picked up for $8.4 million.

“Jim and I really sat down and thought, ‘OK, if we could have anything we wanted—the sky’s the limit—what would we want?’ And we just went for it,” Nancy toldThe result? A primary dwelling spotlighted by a formal living room flaunting a reclaimed wood-beam ceiling, wet bar and an antique fireplace imported from France, plus a luxe primary bedroom that comes complete with a separate fireside sitting room and dual baths.

But that’s not all! There’s also a 20-seat movie theater, bowling alley, shooting range, gym and classroom setup for the couple’s five children who are now grown, as well as a subterranean man cave/emergency bunker equipped with bulletproof doors and a 4,500-bottle wine cellar.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

RobbReport /  🏆 309. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lockport voters reject $85 million plan for school repairs after ceiling collapseLockport voters reject $85 million plan for school repairs after ceiling collapseThe school board was seeking the $85 million bond issue after a ceiling collapse at the 114-year-old Lockport Township High School Central Campus in November.
Read more »

HackerNoon Celebrates the Women in Tech with Evergreen Tech Company News Pages & InterviewsHackerNoon Celebrates the Women in Tech with Evergreen Tech Company News Pages & InterviewsCelebrating Women's History Month, we want women-led and women-focused businesses to have an evergreen spotlight via HackerNoon Evergreen Company Pages!
Read more »

What’s Going On with Kara Swisher’s Book Tour?What’s Going On with Kara Swisher’s Book Tour?The veteran tech journalist is promoting her memoir with tech bros like Sam Altman.
Read more »

Review: Maman Zari translates Iranian American tastes to a Persian escape in ChicagoReview: Maman Zari translates Iranian American tastes to a Persian escape in Chicago$85 for nine seasonal courses is a shockingly low price in the world of tasting menus that typically start at triple digits.
Read more »

Ellen DeGeneres Just Sold Her $32 Million Montecito Estate to a Billionaire Mining MagnateEllen DeGeneres Just Sold Her $32 Million Montecito Estate to a Billionaire Mining MagnateThat’s nearly $10 million more than the former talk show host paid for the 8-acre property last summer.
Read more »

Cops pick up real estate magnate Patrick Carroll for psych evaluation after gun incidentCops pick up real estate magnate Patrick Carroll for psych evaluation after gun incidentPage Six reported last week that police had descended on the Miami mansion of the brash real estate mogul after reports of gunshots at his home.
Read more »



Render Time: 2025-02-26 18:48:02