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Bijan Pakzad’s Beverly Hills estate reportedly sells for $9.8 million

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<i> This post has been corrected. Please see below for details.</i>

The Beverly Hills home of the late menswear, jewelry and fragrance mogul Bijan Pakzad reportedly has sold for $9.8 million.

[For the record, 12:05 p.m. May 6: An earlier version of this post and headline incorrectly said that Bijan Pakzad’s home sold for nearly $12 million. That was its asking price.]

Built in 1993, the gated Italianate villa is a showcase of his style with bold primary color interiors, monochromatic-themed rooms and a chandelier made of his signature perfume bottles in the formal dining room. The 12,016 square feet of living space includes a marble-counter bar in the family room, a sweeping central staircase, a step-down living room, seven bedrooms and nine bathrooms. There is subterranean parking for more than 20 cars.

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The nearly three-quarter-acre site contains manicured gardens, a one-bedroom guesthouse with an attached cabana, a tiled swimming pool, a spa and a six-car motor court. A stone path lined by orange trees, roses, bougainvillea vines and a fig tree wraps around the house.

The Iranian American designer, who died in 2011 at 67, clothed some of the world’s most powerful leaders including presidents Carter, George H.W. Bush, Clinton, George W. Bush and Obama. His appointment-only boutique on Rodeo Drive, opened in 1976, used its high prices as a selling point and advertised its wares as “the costliest menswear in the world.”

Public records show Pakzad bought the house in 2002 for $5 million.

Brenda Chandler Cooke and David Kramer of Hilton & Hyland are the listing agents. Jade Mills and Roza Mehdizadeh of Coldwell Banker represented the buyer.

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