Billionaire Pharmaceutical Heir Frank Binder Lists LA Mansion For $35 Million
Billionaire pharmaceutical heir Frank Binder has listed his Hollywood Hills mansion for $35 million as he sets out to build the world’s biggest yacht.
Binder purchased the XTEN Architecture-designed home for $33 million in 2018. The interiors were developed with Lenny Kravitz and Kravitz Design, who gave the residence a mix of mid-century influence, rock-and-roll styling, and high-end custom materials.
Now, as construction moves forward on his massive Ulyssia residential yacht project, Binder is putting the 10,700-square-foot Los Angeles property on the market.
Property Highlights
Price: $35 Million
Location: Los Angeles, California
Size: 10,700 square feet
Bedrooms: 4
Bathrooms: 7
Notable Features: 270-degree city and ocean views, private nightclub, 1,200-bottle wine cellar, Hawaiian lava rock walls, Brazilian slate, petrified sequoia stone, Ipe wood, bronze entry gates, walls of glass, indoor-outdoor living
For more information about this listing, reach out to Branden Williams at branden@thebeverlyhillsestates.com.
Entering The Hollywood Hills Mansion
To enter Binder’s mansion, bronze entry gates open to a paved motor court and an air-conditioned five-car garage.
Around the corner from the garage, a narrow brick walkway runs between the house and a wall of raw Hawaiian lava rock, with shallow water channels tracing either side of the path.
The passage leads directly to the oversized front door, framed by glass for views inside the house.
Living Room
Inside, the home opens into a series of living spaces where Brazilian slate, petrified sequoia stone, and Ipe wood add depth and texture.
Right past the front door, the main living area is divided into two sides, each facing a fireplace.
Along the exterior edge, an entire wall of glass disappears to open the living room directly to the terrace, with the opening continuing down the length of the house toward the kitchen.
Gentleman’s Lounge
Tucked into the back corner of the open floor plan is a smaller gentleman’s lounge.
Dark wood walls surround a deep green sofa and leather lounge chair, while a bar runs along one side of the room and artwork fills the remaining walls.
Dining Area
On the opposite side of the living room’s fireplace, the dining area sits in center of the floor with a long glass-topped table surrounded by dark wood chairs.
Kitchen
Lastly, at the very edge of the open room is the kitchen. Here, a long waterfall-edge marble island stretches through the center with seating along one side and a stovetop on the other.
A second counter sits against the disappearing wall before opening to the outdoor kitchen and the entire LA skyline.
Primary Suite
Taking up another corner of the home, the primary suite is positioned to make the views the star.
Facing the views is the bed set against a dark stone wall and two chaises at the edge of the room.
Walk-In Closet
From the bedroom, the suite continues into an oversized walk-in closet lined with dark custom cabinetry.
Open shelving and hanging sections wrap the perimeter, while a long stone-topped island runs through the center.
En-Suite Bathroom
A few steps away, the en-suite bathroom includes stone walls, black fixtures, and a large glass-enclosed shower to the left.
Across from the shower, a long wood vanity stretches beneath mirrored panels that frame LA lights.
Wine Cellar
Starting the home’s entertaining spaces is a climate-controlled wine cellar designed to hold about 1,200 bottles.
The narrow room is lined with illuminated wood racks that climb the walls, while additional storage continues beneath a glass walkway and along the far end of the cellar.
Private Nightclub
Nearby, the mansion’s private nightclub, named Disco Volante, creates an entirely separate entertaining space below the home’s primary living spaces.
The subterranean nightclub has a retro space-age theme, with deep red seating wrapping the room, dark wood ceilings, mirrored surfaces, and a full bar extending along one side.
A high-end sound system and large display wall support the club setup, while another wall opening pulls in the city views.
Outdoor Kitchen
Heading outside, the terrace begins along the side of the house with a fully open-air kitchen.
Stainless-steel cabinetry and a built-in grill run along the outer edge, while a long wood bar is lined with stools and a built-in red banquette creates a more casual dining spot.
Pool Terrace
Around the corner, the terrace continues along the back of the house with more dining and lounge spots spread out beneath an overhang.
From there, the terrace opens to the 70-foot-wide half-moon infinity pool, which curves along the edge of the property and takes in approximately 270-degree views stretching from downtown Los Angeles to the ocean.
Built-in ledges and submerged loungers extend into the water, while the infinity edge drops away toward a lower lawn below.
Trading The Hills For a Home at Sea
Binder’s decision to sell comes as he launches construction on Ulyssia, a more than $2 billion residential yacht designed to function as a floating community for some of the world’s wealthiest owners.
Planned at approximately 1,060 feet long, roughly the length of a modern U.S. Navy aircraft carrier, the ship is expected to have 15 decks with 122 private residences and 22 guest suites.
Binder plans to live aboard as the owner of Ulyssia’s largest residence, a roughly 10,700-square-foot penthouse positioned on the top deck.
With that new home now taking shape, the listing of his LA mansion appears to be part of a much larger transition from a hillside estate overlooking the city to a residence capable of traveling the world.
