The iconic Butterfly House in Carmel-By-The-Sea is back on the market for more than double what it sold for less than 10 years ago.
Designed by architect Frank Wynkoop, the house hits the market with a price tag of $40 million. Venture capitalist Kevin Comolli and his wife bought the house in 2014 for $16.5 million. The Comolli family unloads the house and moves to Beverly Hills.
Originally built in 1951, the 3,700 square foot waterfront home sits on half an acre. It underwent a massive renovation that took more than two years, according to the Wall Street Journal.
The Comollis hired architect and designer Jamie Bush to oversee the project, which was completed in 2016.
The house has three bedrooms, an office and a media room. There’s also an interior courtyard with a kidney-shaped pool and hot tub, plus a private beach and swimming cove with a snorkeling spot.
It has a mid-century modern design with teak and sapele ceilings. The great room in the house is a sunken viewing area with walls of windows offering panoramic views of the Pacific Ocean.
If the property sells for the asking price, it will be one of the most expensive home sales ever in the Carmel area. Recently, Brad Pitt paid $40 million for a nearly 50-year-old house on a cliff in the Carmel Highlands.
A few miles south, the Carmel Highlands beachfront home featured in the movie “Basic Instinct” returned to the market earlier this year. He’s asking for $30 million.