08/27/2012 04:16 pm ET Updated Aug 27, 2012

Winklevoss Twins' Home: The Facebook Boys Drop Major Cash In The Hollywood Hills

With money from their Facebook suit burning a hole in their designer jean pockets, the Winklevoss twins just plopped down $18 million on a newly constructed home in the Hollywood Hills, local real estate sources say. If the price is accurate, they may have paid a record or close to a record price of more than $2,500 per square foot.

The two-story modern house, all tricked out with "every upgrade known to man and then some" -- in the words of one agent -- includes full home automation and has about 10,000 square feet. The bedrooms are on the first floor and the public rooms -- including a screening room -- are on the second. Every agent who The Huffington Post spoke with described the home's killer views and the walls of glass to see them through.

"It's definitely a bachelor pad," said one agent. Reportedly, the twins will be sharing the home. The property was not listed in the MLS and the Winkevoss' were in escrow for about two months, committing to the property before it was complete. Simon Fuller, who is best known for being the creator of the Idol franchise, paid just under $8 million for a property on the same street a few years ago. Fuller's house is about a third the size though at 3,300 square feet.

Just how much time Tyler and Cameron Winklevoss will be spending on the Left Coast remains to be seen. The two, best known for having faced-off against Mark Zuckerberg over who founded Facebook, pocketed $60 million for their trouble. They recently signed a five-year lease on an office in New York City for the launch of their new venture capital company, Winklevoss Capital. It's a big commute to lower Manhattan from the Hollywood Hills, boys.



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