Swiss pharmaceutical heir Frank Binder has listed his Hollywood Hills mansion for $35 million, eight years after buying it for $33 million in 2018. The 10,700-square-foot mid-century modern home features four bedrooms and seven bathrooms, as well as a commercial-grade kitchen, temperature-controlled wine cellar, and large primary suite with private terraces. Binder is focusing on his mega-yacht project, Ulyssia, which is expected to cost $2 billion and will offer 122 luxury apartments for sale, priced between €10 million and €100 million. The listing of Binder's mansion reflects the continued strength in the high-end Los Angeles property market.
Written by the local model on 2026-09-07,
using this article's own text rather than the other coverage of the
same event (that is the story summary below).
Story summary
Frank Binder, the billionaire heir to the Swiss pharmaceutical company Merck Serono, has put his $35 million Hollywood Hills mansion up for sale. He purchased the mid-century modern home for $33 million in 2018 through a renovation led by musician and designer Lenny Kravitz's company, Kravitz Design. The 10,700-square-foot mansion features interior design and architectural details by Kravitz Design, including textured stone walls and floor-to-ceiling glass windows that offer views of the city to the ocean. This sale comes as Binder focuses on his new project: a massive $2 billion yacht called Ulyssia, which will have 122 luxury apartments and be a floating residential community with its own private security. The listing of Binder's mansion highlights his wealth and investment in various projects, including real estate and yachting ventures.
Written for “Hollywood Mansion Sale” on 2026-09-07,
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No political leaning scored for article 6733 · logged 2026-09-07
Swiss pharmaceutical heir and entrepreneur Frank Binder has listed his Hollywood Hills mansion for $35 million, eight years after buying the property.
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Binder → list → property
Binder, whose family made its fortune through Swiss pharmaceutical company Merck Serono, bought the mid-century modern home for $33 million in 2018, according to reports by the New York Post, AOL and Robb Report.
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family → make → Post
The listing comes as Binder focuses on his biggest project yet: the construction of Ulyssia, a 323-metre, $2 billion mega-yacht designed as a floating residential community with 122 luxury apartments.
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Binder → come → apartments
Set on a hill overlooking the Sunset Strip and the wider Los Angeles basin, the 10,700-square-foot mansion offers wide views stretching from the city to the ocean.
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mansion → Set → ocean
The property is located behind private security gates.
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property → locate → gates
Interior design by Kravitz Design and architectural details
Built in 1964, the estate went through a major, multi-year renovation led by musician and designer Lenny Kravitz through his company Kravitz Design before Binder bought it.
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Binder → build → it
The redesign added a strong mid-century style, textured stone walls, custom wood panelling and floor-to-ceiling glass windows that bring in natural light and offer wide views of the Los Angeles skyline.
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that → add → skyline
The home has four bedrooms and seven bathrooms spread across several levels.
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home → have → levels
Features include a commercial-grade kitchen with custom cabinets, a temperature-controlled wine cellar, a modern screening room and a large primary suite that opens directly onto private terraces overlooking the city.
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that → include → city
Outside, the property has a cantilevered infinity-edge swimming pool, an outdoor kitchen, fire pits and several covered lounge areas designed for entertaining.
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property → have → entertaining
Shifting focus to a $2 billion residential ocean liner
Binder’s decision to sell the Los Angeles home comes as he becomes more involved in Ulyssia, which is being promoted as the world’s largest and most advanced residential yacht.
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which → shift → yacht
The 15-deck vessel is being built with China Merchants Cruise Shipbuilding, marine design company Deltamarin and naval architect Espen Øino.
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vessel → build → Shipbuilding
It is expected to begin sailing in 2030, according to Yacht Style and Boat International.
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It → expect → Style
The ship will have 122 permanent residences ranging from 110 to 1,600 square metres, with prices between €10 million and €100 million.
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ship → have → million
Buyers must have a minimum net worth of $30 million to join the residential community.
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Buyers → have → community
Planned facilities include a medical and wellness centre operated by Switzerland’s Chenot, two padel tennis courts, two helicopters, submersibles, seven restaurants, a school and a fully equipped marina bay.
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facilities → include → Chenot
Binder, who founded Ulyssia Residences AG, plans to keep a 1,000-square-metre penthouse on the top deck, making the vessel his main home around the world.
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vessel → found → world
The $35 million asking price reflects continued strength in the high-end Los Angeles property market, where luxury homes with celebrity connections and clear views remain attractive to wealthy international buyers.
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homes → reflect → buyers
The property is represented by real estate agents Branden and Rayni Williams of The Beverly Hills Estates, along with Carl Gambino of Compass, according to real estate records cited by the New York Post.
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property → represent → Post
If the mansion sells close to its asking price, the deal would rank among the highest residential sales recorded in the Hollywood Hills in 2026.
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deal → sell → 2026
