SELLER: Dave Stewart
LOCATION: Toluca Lake, CA
PRICE: $4,499,000
SIZE: 5,426 square feet, 4 bedrooms, 4 bathrooms

YOUR MAMA’S NOTES: Not quite two months after he shelled out $5.55 million for a historic and celeb-pedigreed compound in L.A.’s Toluca Lake, Los Angeles-based British musician Dave Stewart of 1980s Eurythmics fame has hoisted his other historic house in Toluca Lake up for sale with an asking price of $4.499 million.

Property records and other resources indicate Mister Stewart acquired the walled and gated Spanish style residence in May 2005 for $3.815 million and current listing details show the restored, updated and sophisticatedly dressed dwelling was originally built in the late 1920s and later inhabited by Toluca Lake’s original architect, Park French. The three-story and 5,426-square-foot residence, which pairs modern luxuries such as whole house water filtration and a back up generator with recreated and/or restored architectural detailing such as stained glass and awning-shaded casement windows, is currently configured with four bedrooms and four bathrooms.

A partially paneled front hall with wrought iron railed staircase opens on one side to an also partly paneled lounge/library with wood-burning fireplace, built-in bookshelves and French doors to a heated, canopied and fairy light lit dining terrace. An adjoining reception room is large enough to accommodate a couple of comfortable seating areas and a downright glammy white grand piano and somewhere in the house, per listing details, there’s a soundproof media lounge. The amply proportioned dining room is decoratively defined by eggplant-hued velvet drapery and half a dozen Little Tulip Chairs by Pierre Paulin in white leather while the neighboring kitchen is an all white and unexpectedly narrow galley-style situation with white wood cabinetry, (mostly) white ceramic tile counter tops and the customary collection of high-cost stainless steel appliances. A butcher block-topped peninsula separates the kitchen from a family room that’s fitted with entire wall of contemporary bookshelves and adjoined by an informal dining area with glass-fronted built-in buffet.

Two of the three guest/family bedrooms have en suite facilities and at least one of them has direct access to a shaded veranda. The spacious but hardly huge master bedroom has windows on three walls for maximum cross ventilation, a vaulted ceiling and an all-white, sky-lit bathroom done up with the same white ceramic tiles used in the kitchen and at least one of the residence’s other bathrooms.

The house’s lowest floor opens to a small-ish backyard girdled for privacy by thick and mature trees and foliage and composed of heated swimming pool, organic herb garden and a covered exercise deck. Though the property does not back up directly to tiny and private Toluca Lake listing details do explain the property transfers with (presumably deeded) private access to the lake and a boat mooring.

As aforementioned, Mister Stewart earlier this year shelled out $5.5 million for an estate just over half a mile away that was owned in the 1980s by “That ‘70s Show” creator Mark Brazill and, once upon a time, allegedly owned by reclusive billionaire Howard Hughes and silent film star Billie Dove.

Listing photos: John Aaroe Group