"Built in 2009, the contemporary-style home has a colorful feel with stone walls, vibrant wood finishes and exotic lighting fixtures. Requisite walls of floor-to-ceiling glass have sprawling city, canyon and ocean views. Multilevel interiors include formal living and dining rooms, a game/media room, a gym and an office. A large custom aquarium forms the backdrop for a curving wet bar."
"The master suite has a wall fireplace, a sitting room and sliding glass doors that open to a terrace. There are four bedrooms and 5.5 bathrooms in all. An infinity-edge swimming pool with a raised spa sits at the edge of the promontory. Nearby, an outdoor dining area has a fire feature."
"Waitt co-founded the personal computer giant Gateway on his family's cattle ranch in North Dakota. He left the company in 2005. Among the wealthiest self-made Americans, he operates the Avalon Capital"
Ted Waitt, co-founder of Gateway Inc., sold a 6,200-square-foot contemporary home in Hollywood Hills West's Bird Streets neighborhood for $15.5 million to Latvian philanthropist and film producer Boris Teterev. Built in 2009, the property sits on over half an acre and features stone walls, vibrant wood finishes, exotic lighting, floor-to-ceiling glass walls with city and ocean views, a custom aquarium, infinity-edge pool, and spa. The home includes four bedrooms, 5.5 bathrooms, formal living and dining rooms, a game room, gym, and office. The property previously sold in 2011 for $11.525 million. Waitt retains significant real estate holdings, including another Bird Streets property purchased from Megan Ellison for $20.5 million and a Beverly Hills home acquired for $10.3 million.
Read at Los Angeles Times
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