SILVER LAKE – Sorry, Dov Charney but the hillstop estate you paid $4.1 million for is no longer the most expensive home in Silver Lake. That honor now goes to a Space-Age like home designed by John Lautner and recently purchased by Luke Wood, a music and audio products industry executive, for $8.55 million – a record-high price for a Silver Lake home, according to Redfin.
Curbed L.A. reported that Wood faced some stiff competition to purchase the home known as Silvertop. Wood ended up paying $1 million over the asking price for the home with a concrete roof and walls of glass in the hills that rise to the west of the Silver Lake reservoir. In contrast, Charney, the controversial and recently ousted founder of American Apparel, purchased a more traditional style mansion that sits on a hill to the east of the reservoir.
What is the owner of Silver Lake’s most expensive home like? Wood has been involved in the music business in publicity and marketing for more than 20 years, working with such artists as Nirvana and Elliott Smith. He also performed in a band called Sammy during the 1990s, according to his website, and also played guitar in a punk band during the 1980s. In an interview with Bloomberg, the 45-year-old Wood said that he became interested in music at a young age:
Really young. My first music memory is when I was six and heard Michael Martin Murphey’s Wildfire. I thought it was about the saddest song I’d ever heard. Then when I was eight, I tied a necktie to a tennis racket and played Blondie’s One Way Or Another. I started playing guitar when I was 13. I switched over from trumpet.
In 2011 Wood left behind the recording industry to become President of Culver City-based Beats Electronics, the maker of high-end headphones that was founded by hip hop producer Dr. Dre and recording industry executive Jimmy lovine. (The company was recently purchased by Apple).
Wood has lived in Silver Lake for many years and owns a home only a few blocks away from Silvertop, which he plans to move into and renovate with the guidance of architect Barbara Bestor, according to Curbed. Bestor, who worked on the design of Beat’s Culver City offices, said Wood and his family are expected to move into their new home next summer.