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The winner of the $2-billion Powerball jackpot isn’t losing any time spending the cash. Edwin Castro, who got here ahead final month to gather the record-setting lottery prize, simply spent $25.5 million on a new home in Hollywood Hills.
Castro, who selected to gather the cash as a lump sum of about $997.6 million earlier than taxes, purchased the trendy mansion beneath a restricted legal responsibility firm, data present. The splashy buy quantities to round 2.56% of his winnings.
It’s the most costly sale in Hollywood Hills this 12 months and among the many neighborhood’s priciest ever. Castro bought a slight low cost on the property, which listed for $29.95 million final summer season.
Tucked behind gates overlooking the Sundown Strip and Chateau Marmont, the hillside house was constructed final 12 months by Roman James Design, a luxurious improvement firm. Wooden and concrete adorn the boxy exterior, resulting in open-concept, indoor-outdoor areas with sweeping views of the town beneath.
The three-story house (plus rooftop deck) has 5 bedrooms and 6 loos, in addition to a recreation room, wine cellar, movie show, moist bar, fitness center, chilly plunge, steam bathe and sauna.
Partitions of glass open to the again, the place patios result in a swimming pool, spa and outside kitchen. The property covers simply over half an acre.
Stefan Pommepuy and H. Blair Chang of the Company held the itemizing. Max Lindenberger of Again Bay Realty Group represented the customer.
Castro in November purchased a lottery ticket at an Altadena gasoline station that matched all 5 numbers plus the Powerball. He declined to talk publicly when he collected the winnings in February however launched a press release saying he was “shocked and ecstatic.”
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