NBCU’s Steve Burke Buys Big In Pacific Palisades

A careful cross-reference of various property-record databases shows prodigiously paid NBCUniversal CEO Steve Burke, whose 2014 compensation catapulted to nearly $34 million, recently made a serious upgrade to his residential circumstances in Los Angeles, with the $22 million purchase of a rather grand, bluff-top villa in Pacific Palisades, with sweeping ocean and coastline views.

The comprehensively renovated, upgraded and vine-wrapped Italianate mansion was built in 1929, according to listing details, and comes in at around 9,500 square feet. Amply proportioned entertainment spaces include an entrance gallery that runs the full depth of the house, formal living and dining rooms and a partly paneled library with built-in bookcases and a fireplace. Shared quarters feature a family room that opens to the backyard, and a finished basement-level kitted out with a home theater and gym. There are a total of six full and two half bathrooms, and the mansion’s four en suite bedrooms include a fireplace-warmed master suite replete with adjoining office, library/sitting room and a private, ocean-view loggia. The .86-acre property lacks a swimming pool, but does have a stone terrace that runs the full width of the house, as well as extensive parterre gardens, a broad and flat lawn that stretches out to the bluff’s edge, a picturesque allee of mature olive trees, and a variety of outdoor living spaces.

Burke and wife Gretchen also maintain a spacious pied-a-terre in the same New York City building Madonna used to call home, and their 8,000-plus square-foot, double-wide townhouse in Philadelphia, which they bought in 2010 for $5.85 million, lingers on the open market at just $4.75 million. The couple’s former Brentwood residence, which they bought 18 months ago for $8.7 million and listed in late April for $9.65 million, is in escrow.

Listing photos: Coldwell Banker

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  1. Desert Donna says:

    It is breathtakingly beautiful. That canopy of trees leading to the Ocean is insane. I hope they dont touch the pine paneling either.

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