When You Want To Go Extravagant Go Palumbo

Oriole Way was a property that no one wanted. It may have been right next door to Leonardo Di Caprio's house, but it was only 2,600 square feet and hanging off a cliff. "Basically, the house was a show box on a cliff," says Palumbo. Many developers passed up the house because of the lack of square footage. However, Mike Palumob saw potential and doubled the square footage, then gave it even more... his imagination.

Oriole Way - Otherwise known as "The Entourage House"

When Palumbo bought the house the windows facing the view were the smallest windows you could see. There was no backyard and it had no pool or deck. The pool deck was the biggest challenge.

The house was long but it was narrow. Mike widened the house as much as he could. However, Palumbo  had to completely change the floor plan while maintaining the structure of the existing house.

Palumbo enlarged this house from 2,600 square feet to 6,000 square feet.

Palumbo's vision for the house was simply that he wanted it to have 'the cool factor'. He knew that he wanted this house to be a bachelor's house. However, more than anything he wanted to really take advantage of the best view in the 'Bird Streets'. "It has true jet liner views,"he said. Palumbo also wanted it to be a very open floor plan, so put in more windows and bigger windows to make the house seem even bigger than it was. He was also able to expand the garage from a 2-car garage to a 3-garage and built a gym under it. 

No matter what, he made the most of the views. 

Since he sold the house in 2004, the house has increased in value and the price keeps going up. When the home was completed in Mike was able to see the house for $4 million. However, the house just recently sold in 2011 as the highest selling house, per square footage, in the Hollywood Hills and Beverly HIlls, to date.