Photos: This Mansion Once Owned By Sonny & Cher Sold For $90 Million
Someone just shelled out $90 million for this sprawling mansion in Holmby Hills. And that's at a significant discount from a previous listing that asked for $150 million.
The home is known as the Owlwood Estate and now belongs to Robert Shapiro, CEO of Woodbridge Luxury Homes, according to the Hollywood Reporter. Previously, celebrities such as Sonny and Cher, actor Tony Curtis and Superior Oil founder William Keck.
This 12,200-square-foot home was built in 1936 and contains nine bedrooms. The estate was not always so large, but in 2002, Ameriquest Mortgage founder Roland Arnall and his wife bought the place as well as two neighboring properties, merging them all together. This has resulted in 10 acres of perfect landscaping, plus a beautiful 70-foot-long swimming pool, a couple guesthouses and a sunken tennis court. According to a previous listing, it's more than double the size of any other estate in the tony neighborhood.
Woodbridge CEO Bob Shapiro told the WSJ that the mansion won't be demolished, but will likely be spruced up and expanded, then sold again.
Shapiro issued the following statement, according to Forbes:
The Owlwood Estate has been the unchallenged symbol of uber-luxury since being built during the Great Depression, and we will keep it that way for another 80 years. We fully intend to honor this property’s legendary past by ensuring it remains the absolute definition of luxury living for wealthy buyers from around the world.
Here's a video tour:
[h/t Curbed LA]