Banks is probably busy refurbishing said Malibu pad, or at the very least plotting the best moment to sell. Meanwhile, she recently listed a modern in Pacific Palisades that she purchased in late winter 2018. The house is listed at $7.895 million. The 6,160-square-foot modern-inspired home, completed in 2014, offers a boxy façade that is more open than imposing, with a second-floor balcony and a good deal of glass. The interior design provides warmth with the use of gently enhanced plank hardwood and the staircase, but maintains a sense of order through a focus on line; hardwood accents indicate linearity, and the living room wall covering is a quiet striped pattern. Floating plank shelves, subway tile, and a double-waterfall island highlight the kitchen.
The living area contains a pocketing glass wall that leads to a tiny deck, which leads to the pool area, an imaginative use of limited space that creates a very private recreation area.
Banks’ steady record of investment purchases in Pacific Palisades implies she is well familiar with the neighborhood. In the summer of 2018, she sold a larger house on a promontory lot in Pacific Palisades for $8.9 million, up from $7.35 million in 2016; approximately two months later, she sold another house in Pacific Palisades for $4 million, up from $3.3 million in 2014.
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