Angelina Jolie Buys Cecil B. DeMille’s Estate at Record-Shattering Price

BUYER: Angelina Jolie
SELLERS: Richard Grossman and Lisa Lyons
LOCATION: Los Angeles, CA
PRICE: $24,500,000
SIZE: total of (approx.) 11,000 square feet with 6 bedrooms, 10 bathrooms

YOUR MAMA’S NOTES: The longtime Los Angeles estate of pioneering filmmaker Cecil B. DeMille, the jewel in the crown of the historic, celeb-saturated Laughlin Park enclave in the prosperous Los Feliz area, sold for a record shattering $24.5 million and trusted celebrity real estate snitches Harvey Wallbanger and Patty Cake both swear new owner is indeed, as has been widely rumored, Angelina Jolie.

The sky-high sale price is more than double the previous record for highest amount ever paid for a single family home in the Los Feliz area, which was the Spanish Colonial Revival-style mansion comedian Chris Hardwick and media heiress Lydia Hearst snatched up about 1.5 years ago for $11 million.

The sellers of the Demille compound, novelist Richard Grossman and art consultant Lisa Lyons, acquired the 2.1-acre multi-structure hill-topping spread in the late 1990s and, after several unsuccessful attempts to unload the property at a variety of prices between $18.95 million and $26.25 million, set it out for sale on the open market in March of this year (2016) with a $24.95 million price tag. There are a total of six bedrooms and 10 bathrooms in about 11,000-square-feet of interior space divided between the approximately 7,500-square-foot main house, pool house and self-contained guesthouse/studio.

The main residence, a stately Italianate Revival villa, was built in 1913 and acquired a few years later for a bit less than $28,000 by Mister DeMille who lived there with his family until his passing in 1959. The legendary auteur later picked up a smaller house next door, which he connected to the main house with a lengthy breezeway and used as a screening room and production office. The smaller second house, once occupied by silent film star Charlie Chaplin, was also acquired by the Grossman-Lyons in the late 1990s who several years later sold it to Emmy winning television producer John Wells who, in turn, sold it in 2007 for a tetch less than six million dollars to former studio executive and film producer Mary Parent.

The DeMille estate’s main house was extensively refreshed and updated for the Grossman-Lyons in the early 2000s by the Tichenor and Thorp architecture firm and features original details along with up-to-date creature comforts. Elegantly proportioned public entertaining spaces include a center hall entry with curved staircase, a step-down living room with fireplace set between arched French doors, and a mahogany paneled formal dining room, also with a marble-faced fireplace. Less formal family spaces include a spacious and high-ceilinged library lined with floor-to-ceiling bookcases, a family room and adjoining office/study, and an up-to-date kitchen with informal dining area set against a row of tall and slender arched casement windows. The walled, gated and extensively landscaped estate’s grounds offer a gated motor court and detached garage, vast expanses of rolling lawns dotted with mature specimen trees and a swimming pool set into a sunny clearing overlooked by a charming tea house.

Laughlin Park has always drawn its fair share of entertainment industry heavy hitters and current homeowners in the low-key but high-cost gated enclave include Natalie Portman, David Fincher, Kristen Stewart, Ellen Pompeo, will.i.am, Lauren Graham and Casey Affleck.

Listing photos: Hilton & Hyland

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  1. Me says:

    So she only got a $400k reduction in price??? Her agent must be terrible.

  2. a lot of somali , afghan, and syrian migrants can live in that palace……..how many will you take in angie ?

  3. Lindie says:

    Dang! It’s good to have money.

  4. Dear Angelina, I need a place to stay as my S.S. benefits have me in poverty… Please consider me as housekeeper. Sincerely, Richard Hayden.

  5. JL says:

    “set it out for sale on the open market in March of this year (2016) with a $24.95 million price tag.”

    So which year was it, 2016 or 2017? Last time I checked, 2016 definitely wasn’t “this year” anymore!

  6. Holly Wood says:

    It’s good for successful people to know that “trusted celebrity real estate snitches Harvey Wallbanger and Patty Cake” will tell the world – literally – where they live even before they move in.

    These trusted snitches (I know, right?) are doing such good and valuable work that they can’t even use their real names when they’re doing it. Ugh.

  7. Marc says:

    That swimming pool looks so familiar. Got it…’Mommie Dearest’. This can not end well.

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