×
You will be redirected back to your article in seconds

The Robert Taylor Ranch Returns to Market at Familiar Price

SELLER: Fred Latsko
LOCATION: Los Angeles, CA
PRICE: $20,000,000
SIZE: 112 acres, 11,700 square feet, 7 bedrooms, 9 bedrooms (plus guesthouses)

YOUR MAMA’S NOTES: The 112-acre Robert Taylor Ranch, deep in the rustic-luxe heart of celeb-favored Mandeville Canyon about 10 miles from Rodeo Drive, has popped back up for sale on the open market at $20 million. The sprawling, multi-winged main house and some of the property’s other structures were originally designed by esteemed California architect Robert Byrd and built in 1950 for petroleum magnate Waite Phillips. For Phillips, the ranch was but a real estate trifle in his portfolio that included a 72-room Italian Renaissance mansion in Tulsa, OK, that’s now the Philbrook Museum of Art and a vast ranch in New Mexico, 127,000 acres of which he donated to the Boy Scouts of America. At some point — to be honest we’re not exactly sure when — the ranch was acquired by actor Robert Taylor who lived there until his 1969 death. Taylor, married throughout the 1940s to film and television star Barbara Stanwyck, starred in the iconic early 1950s films “Quo Vadis” and “Ivanhoe.” He later starred in the TV series “The Detectives” and at the end of his life hosted the series “Death Valley Days.”

Sometime in the 1970s the ranch was sold, according to the kids at Curbed, for just $900,000 to fairly recently deceased concert promoter and radio station magnate Ken Roberts who made a spectacularly unsuccessful attempt to sell the ranch in 1990, first with a ferociously unrealistic asking price of $45 million and later with an only-slightly-less-pie-in-the-sky $35 million. Almost 20 year later Roberts gave it another go in 2008 when the ranch popped up for sale with an even more eye-poppingly tumescent $65 million asking price but, in the end, Mister Roberts gave up the property in 2010 to the hedge fund outfit New Stream Capital in order to settle a $27.5 million legal claim. The uncommonly expansive estate was lickety-split put back up for sale at $28.9 million but, alas, by August 2012 the price had dropped like a concrete-booted body in water to $18.9 million. Finally, in December 2012, New Stream sold the property at a much-publicized auction for $12 million to a corporate concern controlled by Chicago-based real estate developer Fred Latsko who, interestingly enough, also owns a 164-acre farm in Indiana purchased from media queen Oprah Winfrey. Perhaps in a pique of real estate fickle or possibly as an easy way to pocket few million bucks, Mister Latsko put the ranch back on the market in May 2014, at $20 million. We don’t know if there were any serious interested parties but just three months later the ranch was taken off the market only to return this week with the familiar price tag of $20 million.

There are, according to current listing details, seven bedrooms and nine bathrooms in the 11,700-square-foot main residence and the estate’s numerous outbuildings include a 4,000-square-foot complex with casino/game room and extensive office space plus a quartet of guesthouses that combined come to about 3,100-square-feet. Recreational amenities include a swimming pool, hot tub, outdoor kitchen and barbecue area, tennis court, equestrian facilities, and private hiking trail.

Listing photos: Hilton & Hyland

More Dirt

  • Annie Potts House

    Film and Television Veteran Annie Potts List Mid-Century Sherman Oaks Home

    Veteran film and television star Annie Potts and husband James Hayman appear to have caught a classic case of the Celebrity Real Estate Fickle, setting a mid-century residence in a secluded neighborhood just below Mulholland Drive in the foothills above Sherman Oaks, Calif., out for sale at $1.795 million after they bought it just over [...]

  • Ben McKenzie House

    ‘Gotham’ Star Ben McKenzie Sells Gotham Condo (EXCLUSIVE)

    “Gotham” star Ben McKenzie has sold a condo at the eco-minded Riverhouse complex in New York City’s Battery Park City that was last listed at $2.675 million. (Property records do not yet reflect a purchase price.) Married in 2017 to his Brazilian born and New York City raised “Gotham” co-star Morena Baccarin, the former “O.C.” [...]

  • Harry Styles House

    Harry Styles Still Seeking Sale of Sunset Strip Villa

    After more than 2.5 years on and off the market with an original asking price that pushed up on $8.5 million, British pop music phenom Harry Styles now has his modern villa above L.A’s Sunset Strip listed at $6.995 million. Once carrying costs, improvement expenses and real estate fees are calculated, the heavily tatted-up 25-year [...]

  • Vanessa Hudgens House

    Vanessa Hudgens Seeks Sale of Longtime Studio City Home

    Actress, recording artist and “So You Think You Can Dance” judge Vanessa Hudgens has her longtime home in the foothills above Studio City, Calif., up for sale at $3.85 million. The “High School Musical” franchise alum, who had a plum role earlier this year in the technical issue riddled televised musical “Rent: Live” and is [...]

  • Vance Owen Bel Air Mansion

    Producer Vance Owen Upgrades to Bel Air Mansion (EXCLUSIVE)

    Though he produced one of 2018’s worst performing and universally excoriated films, the John Travolta-starring biopic flop “Gotti,” personal injury attorney and prolific B-movie producer Vance Owen has nonetheless upgraded his real estate circumstances from a celeb-pedigreed Sunset Strip contemporary to an almost $6.9 million Mediterranean-inspired villa in the rustic-luxe upper reaches of L.A.’s Bel [...]

  • Armie Hammer Buys Hancock Park Mansion

    Armie Hammer Slides Into Hancock Park Traditional (EXCLUSIVE)

    A quietly dignified residence on in Los Angeles’ historic and historically well-to-do Hancock Park neighborhood has been sold for a tetch more than $4.7 million to an anonymous trust, and two ear-the-ground tattletales, including ever-reliable real estate yenta Yolanda Yakketyyak, swear the new owners are “On the Basis of Sex” star Armie Hammer and actress/baked [...]

More From Our Brands

Access exclusive content