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Mansion built on 60-foot-high stilts lists for first time in 20 years

This home is not for the faint of heart.

A Los Angeles mansion built on 60-foot caissons on famed Mulholland Drive has hit the market for $16 million.

Known as the Garcia House, the three-bedroom, three-bathroom property was last sold by actor Vincent Gallo in 2002 for $1.2 million.

The longtime owners are William Damaschke —  the former President of Animation and Family Entertainment for Skydance Media — and John McIlwee, a top Hollywood business manager.

Built in 1962, the home was designed by world-renowned architect, John Lautner, and has since been labeled an “iconic masterpiece.”

The Wall Street Journal first reported news of the listing this month.

The stilts elevate the home for optimal canyon and city views, and has undergone a series of historical restorations over the years.

The home stands on 60-foot-high stilts.
Jam Press/Roger Davies
The foyer.
Jam Press/Roger Davies
The great room with 30-foot ceilings.
Jam Press/Roger Davies
The den and library.
Jam Press/Roger Davies
The kitchen.
Jam Press/Roger Davies
The terrace.
Jam Press/Roger Davies

Damaschke and McIlwee invested another $1 million on renovations — and added a fence to obstruct public views from the street into the glass-sided, transparent part of the home.

Features include a lava rock entryway, original terrazzo flooring and a parabolic roof with 55-foot walls of windows, the listing says.

Occupying roughly 2,600 square feet, the home also features a verdant garden and a pool that was added to the structure in 2008, using Lautner’s original design.

The home features stained-glass windows.
The home features stained-glass windows.
Jam Press/Roger Davies
The breakfast space.
The breakfast space.
Jam Press/Roger Davies

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The living area has a woodburning fireplace.
The living area has a woodburning fireplace.
Jam Press/Roger Davies
The home has floor-to-ceiling windows for optimal sunlight.
The home has floor-to-ceiling windows for optimal sunlight.
Jam Press/Roger Davies
The home spans more than 2,500 square feet.
The home spans more than 2,500 square feet.
Jam Press/Roger Davies

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The garden.
The garden.
Jam Press/Roger Davies
One of the bedrooms.
One of the bedrooms.
Jam Press/Roger Davies
The entryway.
The entryway.
Jam Press/Roger Davies

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The diamond-shaped pool.
The diamond-shaped pool.
Jam Press/Roger Davies
An outdoor dining area.
An outdoor dining area.
Jam Press/Roger Davies

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The home has also been referred to as the “Rainbow House,” for its roof that lays on top of stained glass windows and a curved ceiling that rises 30 feet high.

The home was initially designed for Russell Garcia — an American composer who wrote a wide variety of music.

Aaron Kirman with AKGRE Inc holds the listing.