Housing Mogul Howard Ruby Sells Century-Old Bel Air Estate for $35 Million

1.6-acre estate is located at 500 and 512 Perugia Way

By Dolores Quintana

Corporate housing mogul Howard Ruby has sold his century-old estate that was inspired by the Italian villas on the Amalfi coast for $35 million dollars, which was $14.5 million less than the original listing price as reported by The Real Deal.com. The 1.6-acre estate is located at 500 and 512 Perugia Way near the Bel-Air Country Club and was formerly the residence of Ruby and his late wife, the actress Yvette Mimeux-Ruby for over thirty years. They purchased the home in 1979 and searched Europe for antique furnishing to decorate the house together. One of the pieces os statuary formerly belonged to Madame de Pompadour, who was the principal mistress of King Louis the XV of France. Ruby did not include the furnishing in the sale of the home. 

Ruby said of the home, as quoted by The Real Deal.com, “Much like a Fabergé egg, it’s not for everyone,” he said. “It’s not the style that’s in vogue right now, but someone out there is going to understand it and accept it. There’s someone out there who doesn’t want a white box.”

City Planner and architect Mark Daniels designed the home and he was responsible for the designs of the city of Bel-Air, San Francisco’s Forest Hills and Pebble Beach’s 17 Mile Drive. Kalef Alaton, a legend in the interior design world, decorated the home and also designed the interiors of the Hotel Bel Air. 

The home has, according to the listing, a “ballroom-sized party room, a hand-lacquered library with a central skylight and chandelier, a formal dining room and a wine cellar. One bedroom has a domed ceiling covered with frescos, a swimming pool with built-in seating and fountains.”

The estate grounds also include a “three-bedroom, Balinese-inspired cottage that came with the sale spans 4,900 square feet and comes with five baths.” 

The buyer of the estate has not been named, but the buyer’s representative says that they are a businessperson from California who plans a massive renovation of the estate.

Related Posts

Governor Newsom Issues Executive Order on Homeless Encampments in California

July 26, 2024

July 26, 2024

Los Angeles Officials React to Governor’s Strongly Worded Message  Today, Governor Gavin Newsom issued an executive order that stated, “Governor...

LA’s First Ninja Warrior Training Facility Opening Soon in Los Angeles

July 25, 2024

July 25, 2024

Facility to Offer Comprehensive Training Programs for All Ages By Susan Payne The first dedicated ninja warrior obstacle training facility...

Spec Mansion Sale Marks Highest Deal in Palisades in Nearly Two Years

July 25, 2024

July 25, 2024

The Deal Was Made Within Just 18 Days on the Market The sale of a luxurious property at 538 Chautauqua...

Civic Auditorium Set for Revitalization Talks

July 25, 2024

July 25, 2024

RPG Is Expected to Present a Timeframe for Council Consideration by 2025 The Santa Monica Civic Auditorium is poised for...

Acclaimed Author and Pali Charter Alum Releases New Children’s Book “I Wish I Had a Tail!”

July 24, 2024

July 24, 2024

Rust, known for her award-winning bestseller “The King of Skittledeedoo,” has a rich background in writing for Disney in both...

New 3rd Street Promenade Banner Depicts City Officials as “Mount Drugsmore”

July 24, 2024

July 24, 2024

As With the Previous Placard, David White Is the Primary Subject of Ridicule By Zach Armstrong The longstanding “Santa Methica Is...

Elon Musk’s Controversial Remarks on Trans Daughter Spark Outrage

July 24, 2024

July 24, 2024

Musk Repeatedly Deadnames His Daughter, Claiming He Was Tricked Elon Musk, in an interview with Jordan Peterson for the website...

Palisades Branch Library to Host Story-Craft Time for Young Children

July 24, 2024

July 24, 2024

The Program Caters to Babies, Toddlers, and Kids, Offering a Dynamic Environment for Early Childhood Development and Creativity On Thursday...

48-Year-Old Costume Shop Set to Close

July 23, 2024

July 23, 2024

News Comes as the Store’s Legendary Owner Struggles With Pancreatic Cancer By Zach Armstrong After nearly half a century of costuming...

Kamala Harris Secures Democratic Presidential Nomination with Unprecedented Support

July 23, 2024

July 23, 2024

Over 1,976 State Delegates Pledge Support, Solidifying Harris as the Nominee By Dolores Quintana In one day, Brentwood resident and...

Dine LA Taking Place at These Palisades Restaurants

July 22, 2024

July 22, 2024

Both Eateries Are Featuring Enticing Lunch and Dinner Options, Showcasing Their Culinary Prowess at an Affordable Price. “Dine LA,” the...

Suspect Killed by Los Angeles County Sheriffs in Shooting in West Hollywood

July 22, 2024

July 22, 2024

Incident on N. Gardner St. Under Investigation by Sheriff’s Homicide Detectives Los Angeles County Sheriff’s Homicide detectives are investigating a...

(Video) School of Rock Offering Summer Camps for Future Rockstars

July 22, 2024

July 22, 2024

Various Camps Are Offered for Beginners and Experienced Musicians Alike @palisadesnews Camps are offered for musicians of various skill levels...

Brush Fire Extinguished on Palisades Drive

July 21, 2024

July 21, 2024

There Were No Reported Injuries Firefighters swiftly contained a small brush fire in Pacific Palisades on Thursday afternoon, authorities said....

Michelle Bisnoff Arrested for $2 Million Investor Fraud Scheme

July 19, 2024

July 19, 2024

CEO of ESOS Rings Faces Securities and Wire Fraud Charges A Boca Raton woman was arrested today on charges of...