Powerball, power moves!
The winner of the $2 billion California Powerball, Edwin Castro, has just dropped $25.5 million on a luxe Hollywood Hills mansion, The Post can confirm.
Castro, who claimed the winning ticket just last month, opted for the onetime lump sum payment of $997.6 million, lottery officials said. (He also had the option to accept payment in an annuity, which would get doled out in 30 graduated payments over 29 years.)
And it looks like he wasted no time putting his new money into some new real estate.
Made up of five bedrooms and seven bathrooms, the sprawling property occupies more than 13,500 square feet of living space.
Castro received a slight discount on the home. It initially listed for $29.95 million.
The property spans over 13,500 square feet.Simon Berlyn/MEGA
The infinity pool.Simon Berlyn/MEGA
The grand foyer.Simon Berlyn/MEGA
The home offers a double-height staircase.Simon Berlyn/MEGA
The living area.Simon Berlyn/MEGA
The wet bar and game area.Simon Berlyn/MEGA
The primary ensuite bathroom.Simon Berlyn/MEGA
Standing behind private gates above the famed Chateau Marmont, it was created by Roman James Design and comes with all the luxe amenities imaginable.
Pegged as an “entertainer’s dream,” amenities include a game room, a wine cellar, a movie theater, a bar, and a fitness studio with a hot and cold plunge.
Exterior features include an infinity pool, a spa, two fire pits and a built-in barbecue area.
Panoramic views of Downtown LA to Century City are seen through a wall of Fleetwood glass doors, the previous listing notes.
One of five bedrooms.Simon Berlyn/MEGA
A bedroom with a balcony.Simon Berlyn/MEGAAdvertisement
One of seven bathrooms.Simon Berlyn/MEGA
The second level terrace.Simon Berlyn/MEGA
The infinity pool at night.MEGAAdvertisement
The open kitchen.Simon Berlyn/MEGA
The garage.MEGA
The fitness space.Simon Berlyn/MEGAAdvertisement
The home provides panoramic views of the city.Simon Berlyn/MEGA
The driveway.Simon Berlyn/MEGAAdvertisement
Built in 2022, the main room comes with a fireplace, a dining space and an open kitchen with black granite counters.
A double-height stairwell leads to the upper level, which holds the primary suite. The main bedroom comes with a private balcony and a spa-like bathroom.
There’s also a rooftop deck and a five-car showroom.
California Lottery Director Alva Johnson announces that Edwin Castro won November’s record-high $2.04 billion PowerBall jackpot.AP
Business owner Joe Chahayed holds a check outside Joe’s Service Center in Altadena.
Stefan Pommepuy and H. Blair Chang of The Agency held the listing with Drew Fenton of Carolwood Estates. Max Lindenberger of Back Bay Realty Group represented the buyer.
At the time Castro was announced as the winner of the lottery, officials did not provide biographical details, including his age and prior occupation. But Castro made sure to hand a written statement to the public.
“As much as I am shocked and ecstatic to have won the Powerball drawing, the real winner is the California public school system,” Castro, who did not appear in the press conference, said in his statement. “The mission of the California Lottery, which is to provide supplemental funding for California public education — both public schools and colleges — makes this a huge win for the state.
The Los Angeles Times was the first to report on the transaction.
Source: nypost.com
