9/17/2014

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For sale: $53 million LA estate with 5 underground levels

For sale: $53 million LA estate with 5 underground levels
A 50,000-square-foot mansion dubbed Hacienda de la Paz is for sale in Rolling Hills, a gated horse-ranch community on the scenic Palos Verdes Peninsula south of Los Angeles. The $53 million home took 17 years to complete and features five underground levels. The seller is represented by Marcie Hartley of Hilton and Hyland/Christie's International Real Estate, (310) 691-5950. (Photo courtesy of Mark Singer Photography)
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ROLLING HILLS, Calif. (AP) — A $53 million mansion is up for sale in Southern California. But you can't see much of it unless you're underground.

The 50,000-square-foot home is in Rolling Hills, a gated horse-ranch community on the scenic Palos Verdes Peninsula south of Los Angeles.

The city limits homes to one story, so John Blazevich — a shrimp importer — built five more stories underground with amenities that include a huge Turkish bath and a tennis court. The above-ground area includes a swimming pool and working olive grove.

The California Spanish-style home — dubbed Hacienda de la Paz — is full of marble and hand-made tiles and took 17 years to complete.

The Los Angeles Times says Blazevich plans to move to Croatia to enter his family's wine-making business.

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