Opendoor Founder Eric Wu Lists Iconic ‘Propeller Home’ in Bel-Air for $40M

When Eric Wu, founder of real estate disruptor Opendoor, bought a glass-wrapped Bel-Air estate in 2022, he has not just acquired a home. He was buying into a statement.

That statement now carries a $39.95 million price tag.

Known for its distinctive Y-shaped design and panoramic hilltop perch,Eric Wu’s 18,850-square-foot “propeller home” has returned to the market, just under three years after he purchased it for $32.25 million. The listing, held by James Harris of Carolwood Estates, describes the home as a “masterclass of contemporary design.”

Built in 2018 and designed by renowned architect Zoltan Pali, the three-winged structure sits on a coveted Bel-Air promontory. “Its sculptural three-winged form embraces 360-degree views that stretch from the Getty Center to Downtown and the Pacific beyond,” the listing states.

An Architectural Standout

Pali, whose past projects include the Getty Villa Museum and the Wallis Annenberg Performing Arts Center, gave the home its aerodynamic identity. Rather than building vertically, Pali launched the structure outward—its three wings jutting into the air like blades in motion.

“Wrapped in a dynamic glass facade featuring varying opacities that shift throughout the day, the home casts reflections that blend seamlessly into the ever-changing Los Angeles sky,” the listing adds.

The home includes nine bedrooms and 15 bathrooms, spread across three stories. The lower levels are built into the hillside. The upper floors extend outward, with one wing hovering above a glass-walled living room and open-air deck.

A chef’s kitchen with marble countertops, a 1,000-bottle wine cellar, a cedar sauna, a private gym, and a home theater round out the amenities. The tilted infinity pool aligns perfectly with the hill’s edge, and multi-tiered decks offer a sense of floating above Los Angeles.

A Home That’s Been A Hollywood Heartthrob 

The property’s pedigree extends beyond architecture. In 2021, the home was featured in Tiffany & Co.’s “About Love” campaign starring Beyoncé and Jay-Z. The following year, it appeared on the Netflix real estate series Buying Beverly Hills, further boosting its recognition within both the design and entertainment communities.

Before Eric Wu purchased the property, it was listed for $56 million. It failed to sell at that number and was later relisted for $42 million. Eric Wu then acquired it for $32.25 million in April 2022, a notable discount from its initial asking price.

“You can see it’s an architecturally significant property,” said James Harris of Bond Street Partners, who plans to co-list the home with David Parnes.

Why is Eric Wu selling it now?

The Opendoor founder’s decision to sell was not tied to the home itself but to his own relocation. Eric Wu, who stepped down as CEO in early 2024, has since moved to New York. “Unfortunately,” he said, he doesn’t spend enough time in California to fully enjoy the home.

 

“What originally drew me to the home was its one-of-a-kind architectural design that stands apart from conventional box-shaped properties,” Eric Wu told Mansion Global. “I was searching for something distinctive, and this home immediately captivated me with its artistic vision.”

While the home boasts nearly 19,000 square feet of interior space, it also includes more than 6,000 square feet of outdoor decks. These multi-level terraces are among Eric Wu’s favorite features.

“They almost create an experience of floating above the clouds as you look into the city and ocean, especially during the sunsets,” he said.

It’s not hard to imagine. From nearly every room, floor-to-ceiling windows frame the skyline, coast, and canyons in a continuous scroll. The effect is cinematic but entirely real.

Design-Led Luxury in a Shifting Market

In a city filled with big-box spec builds, Wu’s home represents something different—an intersection of art and engineering, built not just to impress the best but to endure too.

With the Los Angeles luxury market regaining its footing post-correction, ultra-high-end buyers are shifting toward branded, architect-driven properties. Homes like Wu’s—with both design pedigree and cultural cachet—are once again commanding attention and premium pricing.

What happens next is less about dollars per square foot and more about vision. For a buyer seeking something that stands apart, this home is not just livable—it’s a legacy meant to be cherished for generations to come.

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