A few months after signing a $190 million contract with the Lakers, Anthony Davis reinvested a significant chunk of his salary in a new Los Angeles home. The Real Deal first reported that the Chicago native spent a startling sum for a mansion in Bel Air Crest, a guard-gated neighborhood hidden in the mountains between Bel Air and the San Fernando Valley.
Bel Air Crest, built in the late 1980s and early 1990s, has roughly 200 properties, most of which are Mediterranean-style palaces with their own driveway gates. Other Bel Air Crest residents have included Gordon Ramsay, Kathy Gryphon, Kim Kardashian, and Kanye West, who lived there while their Hidden Hills mega-mansion was under construction.
According to public documents, Davis spent exactly $31 million on his new home and obtained a $20.1 million mortgage. His house was never advertised for sale. The mansion in question is the largest and most lavish in the entire neighborhood, with roughly 20,000 square feet of living space and a 3.5-acre promontory offering stunning views of the Pacific Ocean and Catalina Island.
According to property records, the Changs, a local family, had the eight-bedroom, nine-and-a-half-bathroom home built in 2010. The absolutely symmetrical construction, which is likely best described as an International-style, European-influenced chateau fusion rendition of the White House, was sold in 2016 for precisely $10 million to Ted Foxman, a retired semiconductor executive turned real estate developer. Foxman then spent an additional million on the vast property’s repairs; the interiors were completely restored, as was the landscaping, which is now much more lush and bright than before.
Foxman also indulged his decorative whims with the house, adding brilliant splashes of color throughout and even parking a classic Porsche 356 in the living room, which was painted a gorgeous aqua blue. The previous year, he worked under the guidance of L.A.-based interior designer Lonni Paul on a picture shoot for Elle Decor.
A large dome atop the double-height entrance creates a solarium-like ambiance. There is a music room for guitar jam sessions, a gaming area with a wet bar, a wine cellar, and a movie theater, among many other private spaces. Despite its size, the property’s main attraction is not the mansion, but rather the spectacular views and the 120-foot-long Olympic-quality pool. A poolside cabana, endless grassy lawns, and a full-size tennis court are additional amenities.
Davis previously owned a mansion in Westlake Village, which he bought in 2018 for $7.5 million and sold in 2020 for a startling loss of one million dollars. Foxman, who more than tripled his money on the Bel Air sale to Davis (before taxes and renovations), has downsized to a $13.8 million estate in Encino with a basketball court and 13,000 square feet of living space.
