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.
The exterior. (Joe Bryant)
The entry. (Joe Bryant)
The dining room. (Matthew Momberger)
The living room. (Matthew Momberger)
The kitchen. (Matthew Momberger)
The staircase. (Matthew Momberger)
The bedroom. (Matthew Momberger)
The terrace. (Matthew Momberger)
The closet. (Matthew Momberger)
The backyard. (Matthew Momberger)
The patio. (Matthew Momberger)
The pool. (Joe Bryant)
The outdoor dining area. (Joe Bryant)
The gym. (Matthew Momberger)
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.