In a strategic move to diversify their real estate portfolio, Coffee Tycoon's heir splurges $7.6 million on contemporary Santa Monica residence. Bob Stiller, the coffee billionaire, is renowned for co-founding Green Mountain Coffee Roasters.
This comes on the heels of Stiller's staggering $170 million sale of his Palm Beach oceanfront mansion earlier this year.
The recent $7.6 million investment in California hints at the family's penchant for opulent residences.
Bob Stiller, renowned for co-founding Green Mountain Coffee Roasters in the 1980s, has now expanded his family's real estate portfolio to the sun-soaked shores of Santa Monica.
The $170 million Florida deal, made possible by a trust with ties to Stiller, emphasizes the family's financial strength.
Christian Stiller, aged 35 and the youngest of Bob Stiller's three adult children, spearheaded the purchase of the Santa Monica residence.
Known for his role as an advisor to the Zendo meditation device company, Christian has previously dabbled in the Los Angeles property market, having sold a Venice neighborhood bungalow for $2.7 million last year. He also retains ownership of a vacation home on Vermont's picturesque Lake Champlain.
The contemporary farmhouse, constructed in 2019, spans approximately 6,000 square feet, boasting five ensuite bedrooms, a mirror-walled gym, and a soundproof movie theater.
The main level, adorned with Euro-chic aesthetics, features a marble-topped wet bar and expansive 22-foot-wide glass pocket doors. The lower level houses the gym, theater, and a discreetly positioned guest bedroom, offering a seamless blend of functionality and elegance.
The residence showcases an attractive façade blending creamy stucco with redwood siding. The tri-level floorplan caters to live-work dynamics, with the main living spaces on the first floor, including the sleek Euro-chic kitchen.
The top floor hosts the four "family" bedrooms, featuring a primary bedroom with opulent amenities such as a marble-slathered rain shower and a freestanding soaking tub.
While the Santa Monica property boasts a compact backyard—typical for the area—it compensates with smart design.
A loggia-shaded al fresco dining area, an AstroTurf lawn, and a fully equipped outdoor kitchen, complete with a built-in barbecue and bar area, offer an inviting oasis.
Despite the absence of a swimming pool, the listing assures potential buyers that the "impeccably designed backyard [is] permitted and ready for a beautiful pool."
With the Santa Monica mansion poised as the latest addition to the Stiller family's real estate endeavors, speculation looms over potential future investments and developments.
As the coffee empire continues to percolate, the Stiller legacy expands beyond the boardroom, leaving an indelible mark on the world of high-end real estate.
In a caffeinated twist of luxury, the youngest son of coffee billionaire Bob Stiller, Christian, has recently invested $7.6 million in a stylish Santa Monica mansion.
With its contemporary design, five bedrooms, and an array of amenities, the property reflects the Stiller family's penchant for high-end real estate.
While the absence of a pool might raise eyebrows, reassurance comes in the form of a "permitted and ready" backyard, hinting at a potential aquatic addition in the future.
As Christian Stiller finds solace in his new abode, this purchase adds another chapter to the family's real estate saga.