You will be redirected back to your article in seconds

Megan Ellison Snags Wasserman Estate in Beverly Hills

An unassuming estate concealed behind a high hedge in a tony pocket of Beverly Hills was sold, according to property records, by Hollywood heavyweight Lew Wasserman’s philanthropic daughter Lynne Wasserman to an inscrutable blind trust for $13.5 million. All but unassailable real estate yenta Yolanda Yakketyyak swears on her celery-colored 1987 Cadillac Seville that the trust’s beneficiary is heiress and powerhouse movie producer Megan Ellison.

The hush-hush deal went down off market, and this property gossip was unable turn up any marketing materials that describe the estate’s features. However, our research suggests Wasserman, mother of media entrepreneur and sports-management exec Casey Wasserman, acquired the spread some time before 1972. Public tax records indicate the 5,600-square-foot multi-winged residence has five bedrooms and eight bathrooms. A semicircular drive arcs up to the front of the house and, at the back, there’s a terrace and pool.

Who knows why Ellison, the three-time Oscar-nominated producer of “Zero Dark Thirty” and “American Hustle,” bought the BevHills estate — she already owns a more grandiose compound in the neighborhood above Laurel Canyon, pieced together between late 2013 and spring 2015 at a cost of about $35 million. The 9,200-square-foot spaceship-like main house is a rather infamous former party pad where, before she bought it, numerous commercials and porn films were shot. She also keeps a pied-à-terre at the Police Building in downtown Manhattan that she picked up in June 2013 for $2.9 million. That property features a circular living room under a skylighted, domed ceiling.

As for Wasserman, she downsized to a snazzy 3,500-square-foot Hollywood Regency cottage originally designed by acclaimed architect John Elgin Woolf, just above the Sunset Strip, and sold for $5.35 million by fellow Hollywood scion John Goldwyn and his hotelier husband Jeffrey Klein.

More Dirt

  • Michael Stevens House

    YouTube Star Michael Stevens Snags Hollywood Hideaway

    Say “YouTube star” to the average person, and they’ll likely envision controversial gamers a la PewDiePie or entertainers like Logan and Jake Paul. But there is another equally successful — if perhaps not quite so publicity-hungry — subset of YouTube fame: educators. Teachers worldwide, aware that many of their pupils rely on the ‘Tube for [...]

  • Tinder's Sean Rad Lists Montecito Estate

    Tinder Tycoon Sean Rad Seeks Match for Montecito Estate

    After almost exactly three years of ownership and amid an extensive renovation, legally embattled Tinder co-founder Sean Rad seeks a deep-pocketed match for his idyllic equestrian compound California’s ultra-swank seaside community of Montecito that’s come up for sale at $12.67 million. Rad, one of nine current and former Tinder employees suing InterActiveCorp (IAC) and Match [...]

  • Kylie Jenner House Malibu

    Kylie Jenner Rents Yolanda Hadid's Former Malibu Mansion

    Summer is just around the corner, and what’s more summery than a quick beach getaway? Everyone needs a vacation — even the rich and unfathomably famous crave R&R. Take Kylie Jenner, who apparently needed a break from the daily grind in her native Calabasas. She’s hightailed it out to Malibu, where she and her boyfriend, [...]

  • James Tupper and Anne Heche List

    Anne Heche and James Tupper List Hollywood Home

    Anne Heche and James Tupper confirmed the amicable end of their ten-year marriage more than a year ago, so it’s not too much of a surprise to celebrity property watchers that their former marital home along a tree-lined street in a Hancock Park-adjacent Hollywood neighborhood has come available for purchase outside the Multiple Listing Service [...]

  • Matt Groening Santa Monica House

    Matt Groening Drops $12 Million on Santa Monica House Next Door

    Way back in summer 2011, Tinseltown royal Matt Groening — creator of the much-lauded TV series “Futurama” and “The Simpsons” — and his then-new wife Agustina Picasso paid $11.65 million for an ultra-swank residential compound in Santa Monica. Christened the Gorham House, the walled and gated spread was originally built in 1910 by venerated architect [...]

  • Adele Buys Second House in Beverly

    Adele Scores Second Home in Same Beverly Hills Neighborhood (EXCLUSIVE)

    Word is starting to snake its way down the celebrity real estate gossip grapevine that Adele is the secret buyer who shelled out $10.65 million to acquire a second home in the same, celebrity-packed Beverly Hills enclave where the mono-monikored pop chanteuse already owns a substantial residence scooped up about three years ago for $9.5 [...]

  • John Edward House Psychic

    Psychic Medium John Edward Channels $5.5 Million Into L.A. Mansion

    Longtime television personality and psychic medium John Edward is most famous for his purported ability to communicate with the dead. But did he also foretell his recent good fortune in the high-end real estate market? Perhaps that shall remain a professional secret — at least for now. In any case, Edward did indeed experience property-related [...]

More From Our Brands

Access exclusive content