Real Estate

Coupon king wants $150 million for Bel-Air mega-mansion

It’ll take a ton of coupons to buy George Ruan’s mansion in Bel-Air. The billionaire, who co-founded the online coupon company Honey, is shopping around his 20,000-square-foot showplace for $150 million.

If he gets his price, it’ll be among the most-expensive deals in Southern California history. At $150 million, it’s the third-priciest property on the market in Los Angeles County behind Michael Eisner’s $225-million compound in Malibu and the $165-million mansion known as the Manor in Holmby Hills.

Even more surprising is the fact that Ruan never lived in the home. Records show he bought it unfinished for $60 million in 2020 and spent the last two years completing the estate — which explains the $90-million price jump.

It was built by Saota, an architecture firm known for modern mega-mansions, and this one is no different. Perched on a 1.15-acre promontory lot, the home showcases clean lines and vast, minimalist spaces across two stories.

1/15

The exterior.  (Joe Bryant)

2/15

The entry.  (Joe Bryant)

3/15

The dining room.  (Matthew Momberger)

4/15

The living room.  (Matthew Momberger)

5/15

The kitchen.  (Matthew Momberger)

6/15

The staircase.  (Matthew Momberger)

7/15

The bedroom.  (Matthew Momberger)

8/15

The terrace.  (Matthew Momberger)

9/15

The closet.  (Matthew Momberger)

10/15

The backyard.  (Matthew Momberger)

11/15

The patio.  (Matthew Momberger)

12/15

The pool.  (Joe Bryant)

13/15

The outdoor dining area.  (Joe Bryant)

14/15

The gym.  (Matthew Momberger)

15/15

The 20,000-square-foot home.  (Matthew Momberger)

Warm woods mix with modern fixtures in the living spaces, which include a marble kitchen and indoor-outdoor dining area. Another highlight comes upstairs, where a primary suite wrapped in glass expands to a terrace. It’s one of nine bedrooms and 14 bathrooms.

The backyard is made for entertaining with an outdoor kitchen, sunken fire pit and multiple cabanas. An infinity-edge pool is perched at the edge of the property, taking in views of the canyons below. The compound also tacks on a one-bedroom guesthouse with a gym and swimming pool of its own.

Aaron Kirman of the Aaron Kirman Group at Compass holds the listing.

Ruan co-founded Honey in 2012, and PayPal bought the popular coupon-clipping browser extension seven years later for $4 billion. The mammoth deal marked the largest acquisition of a tech company in L.A. history.

story originally seen here