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Canadian heiress’s Bel Air mansion sold to fashion entrepreneur – Robb Report

activepulsnewsBy activepulsnews1 February 2024No Comments3 Mins Read0 Views
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Katherine Power House Bel Air

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After more than two years and several significant price drops, media heiress and former actress Taylor Thomson is finally selling her longtime Bel Air home for $27 million in an off-market deal. Successful. That's far less than the member of one of Canada's wealthiest families originally hoped for, but still $19.6 million more than she paid for the place some 23 years ago.

Records show the discount-minded buyers of the English Tudor mansion are digital entrepreneur Catherine Power and her husband, celebrity photographer Justin Coit. Power is the co-founder of Los Angeles-based fashion and shopping website Who What Wear, which was acquired by British media company Future in 2022 for an undisclosed sum, and is owned by parent company Clique Brands. He served as CEO for several years. She currently runs beauty brands Merit and Versed, and also owns an organic wine brand Avaline with actress Cameron Diaz.

Their new dig site was built and designed in 1926 by noted Hoover Dam architect Gordon Kaufman. One of her first homes built in Bel Air, the property underwent expensive renovations and restoration by Thomson during her long tenure.

Taylor Thomson House Bel Air

An aerial view of a property in Bel Air.

Google images

Set in a prime location on more than acres of land dotted with mature sycamores and redwoods, this property features colorful tiles, vintage light fixtures, and metal window frames throughout. It features a six-bedroom main house with approximately 9,000 square feet of living space. , arched doorways, and soaring wood beam ceilings. There's also his two-story guest house with two bedrooms and a three-car garage.

Some of the highlights include a formal living room with a stone fireplace, an adjacent wood-paneled library, and a fireplace dining room that opens onto the terrace. Gourmet kitchen with marble countertops, top-of-the-line stainless appliances, spacious center island, and floor-to-ceiling tile, as well as a luxurious master retreat with fireplace, walk-in closet, and spa-like bath There is also. .

Elsewhere in the house, there are five more bedrooms, including a Moroccan/Turkish-inspired guest suite highlighted by a French copper cheese tank converted into a bathtub. Outside, the lush grounds designed by AE Hanson include a large pool and spa surrounded by lawns, hidden meadows and pocket gardens.

Ms. Thomson's net worth is estimated at approximately $3 billion, and she currently ranks as Canada's second-richest woman. She is a member of the Thomson family, who amassed a fortune of approximately $44 billion as steward of the media empire founded by her grandfather, Roy Thomson. Their biggest asset is Woodbridge, the holding company with a controlling stake in Thomson Reuters.

In addition to the Bel Air property he just sold, Thompson still maintains a multimillion-dollar real estate portfolio that includes the Santa Monica complex where he starred in the movie. beverly hills cop And one of her closest neighbors at the 1880s mansion once owned by Gordon Lightfoot in Toronto's upscale Bridle Path neighborhood is Drake. Power and Coit still claim ownership of the 1920s Spanish colonial mansion in Los Angeles' Little Holmby neighborhood, which they bought for $4.2 million in 2015 and has since renovated and put on display. . architectural digest.



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