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Stacey Snider Sells to Scooter Braun

SELLERS: Stacey Snider and Gary Jones
BUYERS: Scooter Braun and Yael Cohen
LOCATION: Los Angeles, CA
PRICE: $13,100,000
SIZE: 11,137 square feet, 7 bedrooms, 9 full and 2 half bathrooms

YOUR MAMA’S NOTES: Stacey Snider, the former Dreamworks CEO and co-chairman and freshly installed co-chairman of 20th Century Fox, sold her walled and gated mini-compound in L.A.’s sleepy, swank and family friendly Brentwood ‘hood for $13.1 million. The buyer, so swears both Our Fairy Godmother in Bel Air and the inimitable real estate yenta Yolanda Yakketyyak, is pop music super-manager Scooter Braun and his with-child wife Yael Cohen. (Mister Braun, in case any of the children don’t know, lucratively manages the careers of young pop super stars like Justin Bieber and Arianna Grande.)

Miz Snider and her lower profile music producer husband, Gary Jones, purchased the property, as per property records, in 1999 for $3.6 million. Listing details show the 11,137-square-foot spread, originally listed in the early summer for $15.495 million and later reduced to $13.95 million, sits on .82 gated and fully landscaped acres and was overhauled by architect M. Brian Tichenor and decoratively done up in a sophisticated if somewhat quirky and decidedly decadent manner by maximalist decorator and iconoclast style icon Kelly Wearstler.

Main floor living and entertaining spaces include a mirrored foyer, a coral pink marble powder pooper, elegantly proportioned formal living and dining rooms, a double-island kitchen with tufted leather breakfast banquette, and a paneled family room with a full wall of built-in bookshelves and a sweeping curved staircase.

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There’s one guest bedroom on the main floor, per digital marketing materials, and three more guest/family bedrooms on the second level along with a commodious master suite complete with dual bathrooms, a private sitting room with faux-bois wall covering and a library/office lined with lacquered bookcases. An attached but separate and self-contained guesthouse has another couple of bedrooms and a detached structure contains a professional grade digital theater and gym with full bathroom.

Numerous French doors open to a series of courtyards and the slightly compact but smartly arranged backyard area includes formal gardens, a flat lawn bordered by carefully clipped boxwood hedges and a swimming pool and raised spa with convenient, bathroom-equipped cabana.

Mister Braun put one of two neighboring properties he owns above the Sunset Strip on the open market last week with an asking price of $4.6 million and — so the scuttlebutt goes — the other one, which he bought in August 2011 for $5.7 million, is expected to be listed soon with an asking price in the neighborhood of $10 million.

As for Miz Snider and Mister Jones, property records show that in early October they plunked down exactly $8,000,000 for a full-on fixer upper/tear down on a prime, tree-lined street in the heart of the so-called “Flats” of Beverly Hills where, once they do the house over or re-build entirely, they’ll be able easily and quickly stroll to Rodeo Drive and The Beverly Hills Hotel.

Listing photos: The Agency and Douglas Elliman

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