$2 billion Powerball lottery winner buys $25.5 million Hollywood Hills mansion

Mar 9, 2023, 4:39 pm (72 comments)

After the Big Win

Winner of world's largest jackpot living in luxury

By Kate Northrop

The winner of the $2.04 billion Powerball jackpot is ready to live it up in luxury, having already purchased a $25.5 million Hollywood Hills mansion.

Last month, Altadena resident Edwin Castro claimed the world's largest jackpot and is wasting no time in putting the unfathomable prize to good use.

The last several months have taken Castro's life in a wild direction, with the lottery winner now the proud owner of a three-story contemporary mansion in Hollywood Hills, Los Angeles, living close to the likes of Ariana Grande, Dakota Johnson, and Jimmy Kimmel.

While Castro has kept himself hidden away from the public eye, declining to appear at the California Lottery's press conference, the $25.5 million hillside home begs to differ. The mansion stands sits nestled into the side of a cliff, boasting over 13,500 square feet of living space, five bedrooms, and six bathrooms, and two powder rooms.

The house was designed and built in 2022 by architect Roman James and was showcased in the Robb Report, a luxury lifestyle magazine featuring various products like cars, airplanes, boats, watches, and real estate. The home was originally listed at $29.95 million, but Castro scooped it up at a $4.45 million discount.

The main level is comprised of an expansive living room graced by a massive modern fireplace and a kitchen showcasing black granite countertops on opposite ends. A seamless glass wall offers a view out to the infinity pool and full outdoor kitchen, the L.A. skyline, and even the Pacific Ocean.

"Roman James did a great job of pulling the expansive views into the home to create an intimate backdrop for moments alone or with guests," Stefan Pommepuy of The Agency told The New York Post. "It's sexy and cool, but still feels like a place to call home." 

Other notable highlights on the upper and lower floors include a gym, cold plunge pool, wine cellar, movie theater, and dry sauna, topped off with a private balcony in the master suite and a rooftop deck.

There's plenty of room for parking, should Castro choose to add some cars to his garage space. He'll have two separate garages that can hold up to seven cars, and if that's not enough, he has a flat motor court to house several more.

The property is situated above Chateau Marmot, a famed hotel that also doubles as a go-to hangout spot for celebrities. Whether Castro decides to step out and venture into the throes of his budding luxury lifestyle, his new home surely has enough amenities and space that would make it difficult to leave.

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News story photo(Click to display full-size in gallery)

Thank to Win$500Quick for the tip.

Lottery Post Staff

Comments

Bleudog101

What is the word when someone suddenly becomes extremely wealthy, yet does not fit the lifestyle of the rich and famous?   Help me out!

cottoneyedjoe's avatarcottoneyedjoe

Quote: Originally posted by Bleudog101 on Mar 9, 2023

What is the word when someone suddenly becomes extremely wealthy, yet does not fit the lifestyle of the rich and famous?   Help me out!

nouveau riche?

Stack47

Looks like Ed is going live it up!

Buying a $29 million house from a $2 investment is one heck of a parlay.

cottoneyedjoe's avatarcottoneyedjoe

Just FYI for non-Californians commenting, homes like this in this area are not always owner-occupied. They can be rented out for high five-figures at least. Renting a mansion is not at all unusual in the LA area.

Chevaun

Good for him,enjoy it

sdw1000

Oh this guy is f*cked. lol Everyone knows where he lives now. This won't end well.

sdw1000

Maybe Dan Bilzerian can rent from him! LOL

Todd's avatarTodd

Quote: Originally posted by sdw1000 on Mar 9, 2023

Oh this guy is f*cked. lol Everyone knows where he lives now. This won't end well.

Really odd that he didn't buy it privately through an LLC.  I wonder who's advising him — or if he doesn't have someone advising him.

hearsetrax's avatarhearsetrax

Quote: Originally posted by Todd on Mar 9, 2023

Really odd that he didn't buy it privately through an LLC.  I wonder who's advising him — or if he doesn't have someone advising him.

if you have to ask ......

delS

Spending like this so fast and spending it publicly is not the wisest of ideas. But to each his own. I wish him no ill will, but I wonder like Todd who in the world is advising him; they need to be terminated straight way!

destinycreation

This guy is going to have a lot of annual property TAXES to pay on a $25 Million home in Los Angeles.  Also, even though the home is situated above a Hollywood Hills Celebrity  Hotel hangout,  Chateau Marmot, this guy is not a celebrity, he's probably just a regular person.   He might not "fit in" with a celebrity crowd, even though he is now rich.

Lotterologist's avatarLotterologist

That's why they call it "dumb luck". Now he can fit in with the rest of the weirdos in Hollywood. 😎🤩🤡🤠🧐

lakerben's avatarlakerben

I'm sure he doesn't care.  I'm happy for him. Nice place!

db101's avatardb101

Quote: Originally posted by cottoneyedjoe on Mar 9, 2023

Just FYI for non-Californians commenting, homes like this in this area are not always owner-occupied. They can be rented out for high five-figures at least. Renting a mansion is not at all unusual in the LA area.

You think it's an investment property rather than a home he plans to live in? I hope so, because it was not hard to find the exact address, LOL. All the houses there look like they're about to slide downhill.  But hey he could be a seasoned house flipper for all we know.

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