Beverly Hills Home Of Late Fashion Designer David Hayes Sells For $4.2 Million
The Los Angeles home of late fashion designer David Hayes, who famously dressed former First Lady Nancy Reagan, sold on Wednesday for $4.26 million.
Located in Beverly Hills, the three-bedroom, five-bathroom residence was originally listed in September for $5.9 million, according to listing records.
The house was designed by architect Bob Ray Offenhauser specifically for the designer. Sitting on almost half an acre, it combines European and Asian influences throughout the property.
"The rich formal floor plan is timeless and offers a stately lifestyle for those that may enjoy high-class entertaining," Bryce Lowe of Aaron Kirman Group at Compass said in an email. He and Kirby Gillon, also with Aaron Kirman Group, represented the buyers, who they noted are apparel industry executives, but could not be further identified.
Toni Schacht of Premier Agent Network represented the Hayes estate. She did not immediately respond to request for comment.
Completed in 1982, the home was Hayes’s haven for decades. Behind the gated entry, the property features landscaped grounds and mature plants that shield it from the outside.
“Coupled with the privacy in a great neighborhood in Los Angeles, this home is a hidden gem,” Mr. Lowe continued.
Inside, several rooms of the single-story residence feature glass doors that lead to the pool, loggia and other outdoor areas, according to listing photos. The kitchen also has access to the outside, plus dual refrigerators and a breakfast island.
There’s also a formal living room with a fireplace and a light-filled nook with a wall of bookshelves, the listing photos show. The primary bedroom suite features a marble bathroom with a separate tub and shower. A two-car garage is attached to the house.
Hayes died last December at the age of 88. Over his career, he dressed the likes of Zsa Zsa and Eva Gabor, Audrey Hepburn and Joan Collins, according to his obituary. He was also First Lady Reagan’s favorite designer during her eight years in the White House.
"She's been a sensation for my business," Hayes told Time magazine in 1988.