Boutique-like architectural closets that make traditional walk-ins look like, well, a shoebox are the new luxury must-have for celebrity homes, reports Forbes real estate writer Morgan Brennan.
In an article on Forbes.com and set to appear in the October 22 issue of the magazine, Brennan profiles Lisa Adams of LA Closet Design, a company that crafts closets for the A-list set with an average price tag of $60,000 to $80,000. One of the closets by LA Closet Design that’s featured in the story cost a whopping $200,000 and includes a “private, wenge-wood-paneled space where shoes are displayed in backlit cubicles, perfectly spaced sport coats hang on illuminated rods, and plush chairs provide a respite from browsing.”
So how much value do these closest add to a home? Forbes turned to The Agency’s Mauricio Umansky to find out.
“It’s difficult to quantify the hard value a closet like Lisa’s adds because you are talking about homes already worth millions of dollars,” says Umansky. “I can tell you that it definitely adds to the salability. I can’t tell you how many times I lose deals because of poor closets.”
Brennan says a few of the must-haves for today’s celebrity closet connoisseurs are library-style stacking shelves for shoe and bag collections, jewelry safes camouflaged by mirrors, silk-lined drawers for accessories like sunglasses and lavish finishes like crystal chandeliers and Carrara marble vanities. Some go beyond being just extravagant wardrobe spaces and include wine refrigerators, breakfast stations, television areas, cigar humidors and even stripper poles.
Read the full Forbes article here.
Photo Above: The closet in the master bedroom suite of 1859 N. Doheny Drive.
UPDATED: The closet featured in the photo above was designed by TempleHome, with cabinetry from Poliform.
It’s nice to see the photo (above) of the master bedroom closet that TempleHome designed and built for 1859 Doheny Drive, working with Poliform on the cabinetry.
It’s disappointing to not see a photo credit for our work…
The text above implies by ommission that this was Lisa Adam’s work.
Thanks for pointing this out Paul. We had captioned the photo below the post, as we typically do, and had included that it was from 1859 Doheny Drive, with a link to that property’s listing page (under our Recently Sold listings). The photo is from the property’s photo gallery. We have updated the post to include the information you provided with a link to TempleHome. Thanks again for bringing to our attention, and may we add, exceptional work at 1859 Doheny Drive.