×
You will be redirected back to your article in seconds

Megan Ellison Buys House Next Door for $5.25 Million (EXCLUSIVE)

Ever-reliable real estate yenta Yolanda Yakketyyak swears on a mile-high stack of crisp $100 bills that it was software heiress-turned-young-gun super-producer Megan Ellison who quietly and via corporate entity dropped $5.25 million on a slickly renovated house in the Mount Olympus neighborhood, high above Hollywood.

Listing details show the boxy and low-profile, two-story residence has five bedrooms and six bathrooms in 5,240 square feet. Meticulously and expensively finished open-concept living spaces feature wide expanses of electronically operated sliding glass doors, walnut-paneled walls, a Brazilian-marble staircase, a cutting-edge home-automation scheme and a state-of-the-art security system equipped with surveillance cameras. Most rooms open to deep, glass-railed balconies with toe-curling canyon and city-lights views, and set below the house, a large deck offers ample sunbathing space and a small, dark-bottomed pool and spa.

The 0.62-acre property sits directly adjacent to the eight-plus-acre, multi-parcel estate the 29-year-old Ellison bought in several transactions in late 2013 that totaled $30 million. It might seem folly for her to drop another $5 million on the house next door, but wacky are the real-estate ways of the super-rich and, this isn’t the first time young and prodigiously moneyed Miss Ellison has owned neighboring multimillion-dollar residences in Los Angeles; between February 2008 and February 2011, she shelled out a combined $32.6 million for three bluff-edge dwellings in the much-coveted Bird Streets ’hood above the Sunset Strip, which sold over the summer and fall of 2013 for a total of $46.75 million — quite a tidy profit.

Ellison, whose father’s all-but-unfathomable fortune is estimated at well above $50 billion, also maintains a pied-a-terre in lower Manhattan: an architecturally idiosyncratic and luxuriously fitted one-bedroom and one-bath penthouse in a storied Beaux-Arts building with a circular and skylit rotunda-roofed living room that she picked up in May 2013 for $2.8 million.

The property was last listed by Josh and Matt Altman at Douglas Elliman.

listing photos: Hilton & Hyland (via Zillow)

More Dirt

  • Carrie Underwood House

    Carrie Underwood Lists Former Mansion Outside Nashville (EXCLUSIVE)

    Pop country music queen Carrie Underwood has listed her lavishly appointed mansion in a guard-gated golf course development in the affluent suburban community of Brentwood, Tenn., about 20 miles south of downtown Nashville, for $1.45 million. The seven-time Grammy winning fourth season “American Idol” winner isn’t seeking much profit on the property she bought for [...]

  • Chris Cuomo House

    CNN Anchor Chris Cuomo Puts Southampton Home on the Market

    CNN anchor Chris Cuomo is making some real estate news of his own, listing a sophisticated Hamptons home in the tony town of Southampton, N.Y., for $2.9 million. The Queens-born and bred political scion — his late father, Mario Cuomo, was the Governor of New York for more than a decade in the 1980s and [...]

  • Beck House

    Beck Lists Updated Vintage Traditional in Los Feliz (EXCLUSIVE)

    Mononymically known indie music iconoclast Beck, who took home his sixth and seventh Grammys earlier this year for his 13th studio album (“Colors”), has put one of the three homes he and wife Marisa Ribisi own along the same, gated street in a coveted neighborhood of L.A.’s Los Feliz area for $2.45 million. The couple [...]

  • Jodie Foster House

    Jodie Foster Lists Sophisticated Traditional Above Beverly Hills

    Jodie Foster is looking for a change of real estate circumstances and hoisted a secluded residence in the mansion-dotted mountains high above lower Coldwater Canyon in Beverly Hills, Calif., up for sale at $15.9 million. The semi-retired two-time Oscar winner, also a two-time Golden Globe winner who directed one episode of the dark, dystopian Netflix [...]

  • Metallica's Lars Ulrich Selling Marin County

    Metallica's Lars Ulrich Rocks Out of Marin County Mansion

    An extravagant mansion long owned by Metallica’s co-founder and drummer Lars Ulrich, in the posh San Francisco suburb of Tiburon, has come to market at $12 million. Property records indicate the Danish heavy metal maestro has owned the spectacularly sited manse since 1993, when it last changed hands for an unrecorded amount. Presiding over three [...]

  • Jason Aldean Sells Nashville Mansion

    Jason Aldean Sells Mansion Near Nashville

    Platinum selling country music hitmaker Jason Aldean has sold a comfortably luxurious mansion some 40 miles south of Nashville for exactly $7 million. Dubbed the Talley Estate, the secluded 120-acre property was acquired by Aldean and former “American Idol” contestant Brittany (Kerr) Aldean just over three years ago for $5.35 million. Approached via a nearly [...]

More From Our Brands

Access exclusive content