• Hollywood Hills, West Adams, Pasadena and Highland Park contain a number of historic homes.
  • The cost to restore and preserve a historic home is much higher than the initial purchase price.
  • Fenton is looking to undertake LA restoration projects on a contract basis moving forward.

Luxury Connect
Meet the Luxury Leaders | October 19-20 | Beverly Hills

Leonard FentonWhen it comes to restoring historic homes Leonard Fenton has a true understanding of how time consuming, detailed and costly preservation projects can be.An entrepreneur who sold his ad agency to Microsoft, Fenton has spent roughly his entire adult life, at least 25 years, restoring his home - a 1913 historic mansion atop the Hollywood Hills.Dubbed Artemesia, the mansion represents the largest Craftsmen residence ever built at 13,000 square feet.Spanning the past three to four years, Fenton treated the restoration of the eight-bedroom, seven-bath mansion as a full-time undertaking, putting "millions and millions" of dollars into updates, repairs, decorations, staging and preservation. In short, the original cost of the property is significantly dwarfed by...