Eric Wu, co-founder of Opendoor, has decided to put his unique fan-shaped mansion in Los Angeles up for sale for $40 million.
Located on Aurum Road in Bel Air, the luxurious property features a unique architectural design that offers stunning panoramic views of the city and the ocean.
A Modern Architectural Masterpiece
Designed by renowned architect Zoltan Paley, the mansion features three wings arranged in a Y shape, with curved glass walls offering unparalleled views from downtown Los Angeles to the Pacific Ocean.
The property boasts nearly 19,000 square feet of interior space, plus 6,000 square feet of outdoor space, making it a true architectural masterpiece.
Why Eric Wu Fell in Love with This Property
In an email to Mansion Global, Wu said he was immediately drawn to the home’s unique design, which stands out from traditional square-shaped properties.
“I was looking for something special, and this house captivated me with its artistic vision,” he said.
A Home Full of Luxury Amenities
Built in 2018, the three-story mansion features nine bedrooms, ten bathrooms, a cedar sauna, and a pavilion-shaped pool nestled in the hillside.
The property also features multi-level terraces offering diverse views, making it an ideal place for entertaining and private living.
Additionally, there is a separate four-bedroom guest house and a private garage.
A History of Fame
The property was initially listed for $56 million but failed to find a buyer. It later gained significant attention after being featured in a 2021 Tiffany & Co. commercial starring Beyoncé and Jay-Z, and in the 2022 Netflix series “Buying Beverly Hills.”
Wu purchased the property for $32.25 million in 2022, significantly less than the original asking price of $42 million.
Soaring Above the Clouds
Wu’s favorite feature of the house is the balconies, which he described as offering an experience similar to hovering above the clouds.
“You feel like you’re soaring above the clouds, especially during sunset when you can see the city and the ocean,” he said.
Home Design
The house was designed to appear as if it were hovering above the top of a hill, with the upper floor extending beyond the lower level, while the lower floors were built into the hillside.
One wing of the house extends above a glass-enclosed living room and an open terrace supported by columns, giving the impression of floating in space.
Alternating glass panels of varying thicknesses were also used to add a reflective contrast to the surroundings.
A New Chapter in Eric Wu’s Life
Wu, who co-founded Opendoor in 2014, stepped down as CEO and president at the beginning of 2024 but remained an advisor to the company.
He decided to sell the property after moving to New York and no longer spending much time in Los Angeles. “Unfortunately,” Wu added, “it’s time to let go of this amazing house.” The property is scheduled to be listed for sale later this month by James Harris of Bond Street Partners, in collaboration with his colleague David Barnes.
Harris described the property as an “architecturally significant property” that stands out in the luxury real estate market.
Eric Wu, Opendoor co-founder, lists his40Mpropeller−shapedL.A.mansionforsale.DesignedbyZoltanPali,the19,000sq.ft.homefeatures9bedrooms,awingedpool,andpanoramicviews.Originallypricedat56M, it gained fame in a Tiffany ad and Netflix’s “Buying Beverly Hills.” Wu, who bought it for $32.25M, is selling as he relocates to New York. The property, praised for its floating design, will be listed by Bond Street Partners.
