Fashion Mogul Julie Wainwright Sells Her Stunning Beverly Hills Home for $10.7 Million

Julie Wainwright, the fashion mogul and founder of The RealReal, has just sold her strikingly modern  Beverly Hills home for $10.7 million—just three months after listing it at nearly $12 million. The property, designed by renowned architect Steve Hermann, was sold for a discount, but still fetched about a million dollars more than Wainwright paid for it in 2021.  Real estate mogul Josh Flagg, known for his role on Million Dollar Listing Los Angeles, represented both sides of the transaction, calling it “hands down the best deal in Trousdale Estates.”

A Modern Masterpiece in Beverly Hills

Built in 2009, Wainwright’s contemporary estate stands as a true architectural gem. The 4,500-square-foot, single-level home has been fully customized to meet her high-end tastes, offering the perfect blend of elevated luxury and sophisticated design. The property is situated in a prime Beverly Hills location, with expansive glass walls that create seamless transitions between indoor and outdoor living spaces. Nearly every room offers sweeping city views, providing a perfect backdrop for this stunning residence.

Key Features of Julie Wainwright’s Beverly Hills Home

Impressive Interiors: The spacious living room is adorned with a wall of shelves showcasing eclectic trinkets and a sleek linear fireplace with a TV above, making it the ideal spot for both relaxation and entertainment.
Poliform Kitchen: A cutting-edge, high-gloss kitchen includes floating cabinetry, dual ovens, and an eat-in peninsula—perfect for those who love to cook and entertain.
Formal Dining Area: The dining room opens up on two sides to the outside, offering an open-air dining experience.
Luxury Bedrooms: Five ensuite bedrooms, including a lavish primary suite with a stone fireplace, a glass-enclosed dressing room, and a luxurious bath featuring an Antonio Lupi soaking tub, ensure comfort and tranquility.
Smart Home Technology: The property is equipped with the latest in smart home features, including automated window treatments, a Control4 system, and a server room

Expansive Outdoor Space

The breakfast nook.
The half-acre-plus grounds of this modern estate are equally as impressive, featuring an infinity pool and spa surrounded by a flat, grassy yard. A teakwood deck and built-in benches provide the ideal space for relaxation or entertaining guests in this luxurious outdoor retreat. The property also boasts a mirror-lined gym and a two-car garage, enhancing the appeal of this already outstanding home.

Julie Wainwright’s Legacy in Tech and Fashion

Julie Wainwright’s career has been a testament to her visionary approach to both the tech and fashion industries. In 1997, she founded Reel.com, an early online video platform, before taking the helm of Pets.com during the dot-com boom. While the company collapsed after the tech bubble burst, Wainwright’s entrepreneurial spirit remained undeterred. In 2011, she founded The RealReal, which has grown into one of the largest online marketplaces for authenticated luxury goods, boasting over 27 million members and 19 retail locations nationwide. Although Wainwright stepped down as CEO in 2022, The RealReal continues to dominate the market, solidifying her status as a true industry pioneer.

In addition to her  Beverly Hills home sale, Wainwright, whose net worth is estimated at $25 million, owns a $6.8 million luxury condominium in New York City. This upscale property, located on a high floor of a prestigious tower, offers sweeping views of the Financial District and City Hall, further showcasing her impeccable taste in  real estate.

Conclusion

Julie Wainwright’s modern Beverly Hills home is a perfect reflection of her stylish and sophisticated approach to both fashion and real estate. With its cutting-edge design, luxurious features, and prime location, this property is a true masterpiece. Despite selling at a discount, the $10.7 million sale still marks a notable achievement in her impressive portfolio, which spans both the fashion and tech industries.

If you’re looking for inspiration in real estate or business, Wainwright’s journey and her stunning home serve as a powerful reminder of what can be achieved with vision, perseverance, and style.