Scorching Property E-newsletter: Showhouses and Princely Sums – Los Angeles Occasions
This week's sellers and buyers include world-famous names and a price tag of $ 125 million. And while you won't find Waldo here, we have an entertainment titan, a royal couple who just can't stop making headlines, and various actors from TV and film.
In the homes of the rich and famous.
Our weekly Hot Property newsletter gives you an insight into their lives and the latest real estate offers.
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Our home of the week is a metal-clad compound in Venice. A wall, polished concrete floors, and external stairs reminiscent of fire escapes give the property the feel of an urban warehouse. The more than 3,400 square meters of living space include a separate studio. The price is $ 8.25 million.
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– Neal Leiterg, Jack Flemming and Lauren Beale
The rich get richer
Jeffrey Katzenberg completed the third-most expensive home sale in California history, unloading his Beverly Hills property for $ 125 million in an off-market deal.
For the co-founder of DreamWorks Animation, this is a tremendous return on investment. Records show the film magnate paid $ 30 million for the property in 2009 and built a more than 26,000-square-foot mansion three years later.
The sale of the 6 acre estate is only possible through the purchase of the famous Warner estate by Amazon founder Jeff Bezos for $ 165 million earlier this year and Lachlan's purchase of the Beverly Hillbillies Bel Air mansion Murdoch valued at $ 150 million through Fox Corp. Year.
Katzenberg, 69, was Chairman of Walt Disney Studios for a decade before co-founding DreamWorks Animation with Steven Spielberg and David Geffen. He left the studio in 2016 as chief executive to run media and technology investment company WndrCo before founding Quibi in 2018.
The 26,000-square-foot Tudor-style home Jeffrey Katzenberg sold sits on 6 acres in Beverly Hills.
The royal treatment
Prince Harry and former Meghan Markle have focused on a home in the Santa Barbara area.
The $ 14.65 million property in Montecito was taken off the market in June. The tax records for the 7 acre property are consistent with the limited liability companies previously established by the Duchess of Sussex, according to Times records.
The spacious property, built in 2003, is secured and fenced off from the road and can be reached via a winding road. Behind the vine-covered entrance is a living room with a coffered ceiling, a billiards / games room, a home theater, wellness facilities, an elevator and a fitness studio.
There are nine bedrooms in the approximately 14,500 square meter main house. A two bedroom guest house, tea house, tennis court, swimming pool and special climbing frame are among the amenities of the property.
The 7 hectare estate in Montecito includes a guest house, swimming pool, tennis court, gardens and playground.
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Selling the family home
Actress Joanna Kerns, who became famous on the family-oriented sitcom Growing Pains in the 1980s and 1990s, and architect Marc Appleton sold their home in Montecito for $ 8.35 million.
The graceful Mediterranean was designed by Appleton and built in 2006 and is based on the country estates of northern Italy and southern France. Wooden beam ceilings, wrought iron fittings and arched French doors adorn the living rooms.
Decayed granite walkways wind through a rose garden, pool pavilion, arbor, and flower shed.
The 67-year-old Kerns has moved to the director's chair in recent years and has directed episodes of "Pretty Little Liars", "Scrubs" and "The Goldbergs", among others.
Actress Joanna Kerns and architect Marc Appleton sold a house he had designed in Montecito.
Uprooted from its canal
Actor Eddie Kaye Thomas, best known for the American Pie franchise, sold his canal-view home in Venice for just over $ 2.55 million. He bought the place in 2016 for around $ 2.59 million.
The blue-scaled bungalow from 1910 has high ceilings, wooden beams, three bedrooms and two bathrooms. Skylights flood the modernized kitchen and living area with daylight.
A roof terrace overlooking the canal and a terrace.
39-year-old Thomas has recently been busy appearing on shows like "This Is Us," "Outmatched," and "Law & Order: Special Victims Unit". The series "Scorpion" and "American Dad!" include current credits.
Eddie Kaye Thomas has sold his seat on the canal in Venice.
San Fernando was their valley
A midcentury house in Encino that once belonged to Maureen O’Hara sold for $ 1.505 million.
How Green Was My Valley actress, who starred in dozens of films during the Hollywood Golden Age, lost the property in the 1990s, bought it for $ 650,000 in 1993 and sold it four years later for $ 525,000.
The all white house is behind gates on a secluded hilltop lot of almost an acre. The front of the property has three garage spaces and a pair of stone lions guarding the entrance, while the rear contains a swimming pool.
A foyer with a skylight, a rounded wet bar and four bedrooms are some of the features of the 400 square meter living space.
O’Hara, who died in 2015 at the age of 95, was best known for her collaborations with director John Ford and actor John Wayne, with credits such as "Tripoli", "The Wings of Eagles" and "Big Jake".
The former home of actress Maureen O’Hara has a rounded wet bar.
From the archives
It was 30 years ago when actor Mark Harmon and his actress wife Pam Dawber signed a contract in leafy Mandeville Canyon and sold their two-year house to film director Barry Levinson for "nearly $ 7.9 million." Harmon and Dawber have since moved to an elegant Tudor-style home in Brentwood Park. The 1920s residence was once the home of silent film actress Marjorie Daw.
Twenty years ago, actors Ted Danson and Mary Steenburgen went to the beach for a short break while renting a house in Malibu. Described as one of the original beach houses in Malibu, the five-bedroom home was available to rent for $ 50,000 per month. The rent was necessary because Danson had sold his Malibu home the year before actor Michael Madsen.
It was 10 years ago when Jennie Garth, star of Beverly Hills, 90210, and Peter Facinelli, actor of Twilight, listed their Toluca Lake home for around $ 6 million. Designed by Paul R. Williams, the traditional-style house once belonged to country singer and actor Tex Ritter and was the childhood home of late actor John Ritter. The property would eventually sell for $ 3.99 million in 2013 – that same year, Garth and Facinelli went their separate ways.
What we read
A Paris mansion that sold for about $ 41.2 million that year had one very undesirable property – a corpse. Renovation work in the basement exposed the body, which is believed to have been there for 30 years, CNN reported. The building had been abandoned since the mid-18th century.
Architectural Digest took readers to the Pacific Palisades home of actor Sam Page and his wife Cassidy Elliott. The renovation of the tunnels resulted in a chic farmhouse-style interior that compliments the artisan's exterior.