A pop star house.
It could also be for a regular rich person, but I hope not.
Happy Monday, everyone. If you subscribed over the weekend, welcome to the Rag. If you didn’t, I love you too.
In today’s newsletter: I go back on my word about Silver Lake real estate valuations, The Row’s summer collection dropped, a new reading at Huron Station, home goods in Echo Park, New Bottega is dead, Elmo’s new gig, and an AI film festival.
Let’s just get this out of the way – yes, last week I said $7 million was an insane price to pay for a house in Silver Lake.
And yes, I still believe that, generally.
But there’s an exception to every rule, and assuming you were born well, married well, or otherwise maintain a seven-figure bank account, this house is the exception you should jump on.
Also, it’s not listed for $7m – it’s almost $3m more <3
Listed for a hernia-inducing $9.75m, the house at 1844 Silverwood Terrace in Silver Lake sits on a gargantuan 4-acre lot just steps above the reservoir. It’s one of the largest private properties on the east side, and in addition to a pool and tennis court, it features its very own private hiking trail. This means you could do your morning walk around the reservoir, meet the person of your dreams walking their dog, and throw in a smooth “Should we take this back to my trail?” to seal the deal. If that’s not worth almost $10m, I don’t know what is.
The listing goes light on exterior photos of the house itself, and for good reason. It’s very 1980s Miami, and there’s only so much lipstick you can put on a pig.
The interior, however, has been completely overhauled since the place last sold (for $4.9m in 2020). There’s a double-height living room with knockout views of the reservoir, an adjacent TV room with built-in seating that looks more for aesthetic purposes than viewing comfort, a terrazzo shower perfect for shooting ~content~, and a fully outdoor (walled) bathroom for days when you just can’t be inside. There are five bedrooms and 4.5 bathrooms, plus a guesthouse for your entourage.
Outside, there’s a full outdoor kitchen by the pool, a viewing bar by the tennis court, and enough distinct seating areas to a) have a great party or b) never see your family if you don’t want to.
1844 Silverwood is currently owned by a commercial real estate executive, but this is, above all else, a pop star house. It’s fully hidden from the street, and there’s enough land to have your very own secret garden lifestyle away from the prying eyes of the Tenants crowd. There’s enough space for the assorted assistants and creative directors and managers that come with the pop star life, and (assuming it’s a mid-tier, not top-tier pop star) it’s perfect for an AD home tour.
Charli’s owned a home in the Hollywood Hills since 2020, and Sabrina bought a house nearby in 2023, but this could be perfect for Chappell, if she’s looking to upsize, or for Echo Park regular Lorde, if she’s looking to put down permanent roots and doesn’t mind a slightly longer jaunt to Pharos.
1844 Silverwood is listed with Marci Kays and Jonathan Mogharrabi of Carolwood Estates. If you buy this house, or a pop star you know does, I’d love just one lap on the trail please.
Forget New Bottega, it’s New Balenciaga now. Pierpaolo Piccioli will become Balenciaga’s new creative director, the Spanish house announced today. The position had been open since Demna announced his departure to Gucci in March. It’ll be interesting to see how Pierpaolo, who spent 25 years at Valentino and loves color, reworks a house that’s become well-known for its streetwear — and lots and lots of black.
Highland Park’s hometown hero Billie Eilish extended her tour. Sadly, there are no LA dates this go-round (but the finale dates in San Francisco aren’t too far away).
There’s a hot new home goods shop in Echo Park. Wares is located inside the equally great Des Pair Books on Echo Park Avenue. If you’re like me and love a tchotchke, consider this a warning.
Adam Neumann keeps failing up. Six years ago, the WeWork founder walked away with a $770m payout after tanking that company. Last month, his new (and deeply unprofitable) startup, Flow, raised an investment round that doubled its valuation to more than $2 billion. Bow down to the scam queen.
Another big departure at CBS News. Weeks after longtime 60 Minutes producer Bill Owens resigned, citing continued interference from the Paramount overlords as they try to sell their company, CBS News CEO Wendy McMahon followed suit this morning. Not a great day for journalistic integrity. Expect a settlement with Trump to follow.
The Row’s summer collection dropped. It includes an $800 pair of shorts and a $650 t-shirt, so unless that sounds appealing to you, you should probably just move on. (The presale items do, however, ship on my birthday, so if you’re looking for a good gift…)
Last week, Elmo got laid off. This week, he has a Netflix Original. Sesame Workshop announced this morning that the upcoming 56th season of Sesame Street will debut on Netflix. For the past five years, Sesame was on HBO Max, but Zaz didn’t renew the deal. Will this be another decision he flip-flops on?
An AI film festival expands to three days. If you happen to be in Culver City the weekend of 5/28, AI on the Lot will be offering a full three days of programming. I’m gonna pass on this, but if you go I’m curious to hear about it.
Mubi bought Jennifer Lawrence’s Die My Love for $24m. It’s the first big sale out of this year’s Cannes. Mubi feels like the new A24.
My parents got a dog. No link, but still big news. Entirely unexpected, entirely amazing.
📅 Mark your calendar…
Cypress Park’s new arts hub Huron Station Playhouse is staging readings of Adrian Tomine’s “Killing and Dying” on 5/29, 5/30, and 6/1.
Each reading is preceded by a cocktail hour in the garden and followed by a reception. The three-night engagement is almost sold out, but you can try to snag a ticket here!
I run by the silverwood house and u would never know from the street 😵
I’ve seen the dog! Soooooo cute.