Ages ago, this property gossip heard word that NBC chairman Ted Harbert’s ex-wife, Susan, floated the long-time divorced couple’s estate in Pacific Palisades as an off-market listing, with an asking price in the neighborhood of $20 million. So the scuttlebutt went, Reese Witherspoon initiated but canceled a purchase, and shortly thereafter, in February 2013, Ms. Harbert hoisted the property on the open market, at $18.5 million.

The price dropped to $14.25 million before Jack Giarraputo — Adam Sandler’s producing partner at Happy Madison — came along and shelled out $13.275 million for the 9,392-square-foot Southern-style mansion set on 2.17 private and pastoral acres at the tail end of a secluded canyon. In addition to the casually elegant center-hall Colonial — five bedrooms, eight bathrooms, a sweeping floating staircase and a gym tucked in to the eaves on the third floor — the landscaped estate has a guest cottage, swimming pool and sport court.