Art auctioneer sells mid-century masterpiece in LA for $ 8.5 million

Called the Lewis Estate, the Donald G. Park designed house in the San Fernando Valley neighborhood of … [+] Encino has three twelve-sided structures linked by a glass pavilion.

Hilton & Hyland

With a career as a renowned art auctioneer and founder of Los Angeles Modern Auctions, Shannon Loughery recognizes a valuable masterpiece when she sees one – and Loughery’s recently listed midcentury modern-style home in Encino is just that.

Determining the value of a work of art is not that different from that of a house. Ask any art auctioneer or real estate agent around the world and they will tell you about the many factors that determine the value of a thing and how many of those factors could overlap – like artist, uniqueness, and condition.

Park, a prominent Los Angeles architect, designed the house in 1972.

Hilton & Hyland

The artist in this case is acclaimed Los Angeles architect Donald G. Park, who designed the house, which was built in 1972.

This property, known as the Lewis Estate, is perhaps the park’s major work, or at least its most architecturally significant. A modernist marvel, the house consists of three spacious twelve-sided structures bridged with a glass pavilion.

This residence, known as the Lewis Estate, could perhaps be, or at least be, Park’s major work … [+] most important architecturally.

Hilton & Hyland

Located on one acre of the Encino Hills with sweeping views of the San Fernando Valley, this unique home spans 6,800 square feet of interior space with six bedrooms and six bathrooms.

The unique design of the house gives way to a spectacular interior with towering wooden panels that stretch across the geometric ceiling, walls of glass windows that allow a 200-degree view, and warm-tone tiles in a circular pattern that create a recessed living area with a fireplace .

The unique home sits on one acre of the Encino Hills and offers breathtaking views … [+] overlooking the San Fernando Valley.

Hilton & Hyland

Free-standing stone walls help to separate the floor plan, but also offer plenty of space for the presentation of art.

The kitchen has a retro feel to it but is outfitted with modern appliances like a sleek island stove with an overhead hood.

A recessed living area, which is surrounded by warm tiles, forms the heart of the house.

Hilton & Hyland

A variety of flooring is used throughout the home, including patterned tile, hardwood floors, and mint green carpet that covers a sleek spiral staircase. Rich splashes of color are ubiquitous and are shown to full advantage in places like the lush green of the tub and sinks of the upstairs bathroom, the vibrant pink and purple of the kitchen cabinets, and the soft yellow of the built-in couch.

The kitchen has a retro feel to it but is outfitted with modern appliances like a smooth top … [+] Stove on the island with an overhead vent.

Hilton & Hyland

The floor plan is rounded off by a separate vintage bar, two dining areas and an atrium that opens up to a breathtaking skylight.

Outside, the terrace overlooks the valley, where residents can admire a landscape of mountains and city lights while bathing in the heated spa, swimming in the pool, or sitting around the gas fireplace.

The home has 6,800 square feet of living space with six bedrooms and six bathrooms.

Hilton & Hyland

This rare home on Via Vallarta 17862 is priced at $ 8,495,000. Mick Partridge from Hilton & Hyland is the listing agent.

Vaulted ceilings with wooden panels and window walls are among the notable features.

Hilton & Hyland

The terrace faces the valley floor and offers a wide view of the light of the city and the mountains.

Hilton & Hyland

Hilton & Hyland is a founding member of Forbes Global Properties, a consumer marketplace and member network of elite brokerage firms that sell the world’s most luxurious homes.

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