×
You will be redirected back to your article in seconds

Elon Musk Picks Up Fifth Multi-Million Dollar Property in Bel Air (EXCLUSIVE)

BUYER: Elon Musk
LOCATION: Los Angeles, CA
PRICE: $24,250,000
SIZE: Unknown

YOUR MAMA’S NOTES: Visionary inventor and high-tech serial entrepreneur Elon Musk has big sci-fi dreams to one day colonize Mars. But for now, at least, the SpaceX founder and CEO and Tesla Motors co-founder and CEO will have to content himself with the private colonization of a particularly plummy pocket of the high-toned Bel Air area in Los Angeles where over the last four years, according to a variety of sources, resources and calculations, he’s dropped a staggering $70.3 million on five homes. Between late 2012 and mid 2015, the South African-born Canadian-American multibillionaire businessman, who as of today the bean counters at Forbes estimate has a net worth of around $11.5 billion, plunked down a total of $48.05 million for four properties perched above the Bel-Air Country Club. We now hear from always on top of everything real estate yenta Yolanda Yakketyyak, who back in February (2016) exhaustively chronicled the tech tycoon’s earlier purchases, that Mister Musk is, through an opaque corporate concern, the mysterious buyer who just shelled out an $24.25 million in a hush-hush off-market deal to acquire a brand spanking new ultra-contemporary spec-built mansion located on a high ridge above Bel Air. The newly acquired property, never listed on the open market and still in the final phases of construction, sits at the tail end of a ridge line cul-de-sac with spectacular views that sweep over Los Angeles and though is in close as-the-crow-flies proximity to the four other Bel Air properties he already owned it is not, however and somewhat curiously, contiguous to any of the other four properties, none of which are, even more curiously, contiguous to each other.

In December 2012, about a year after he and his second wife, English actress Talulah Riley, split up and later divorced, he paid $17 million for a 1.67-acre estate with a large and lavishly appointed mansion on a prime street that snakes along the border of the Bel-Air Country Club. According to Our Fairy Godmother in Bel Air, Mister Musk leased the estate for about three years before he bought it and listing details from the time of the purchase show that in addition to 7 bedrooms and 7 full and 4 half bathrooms the 20,248-square-foot residence included amply proportioned public entertainment rooms, a two-story library, a home theater, huge gym, and 1,000-bottle wine cellar.

The following October (2013), several months after it was announced he and Miz Riley had re-united and married for a second time, Mister Musk coughed up $6.75 million for the 2,756-square-foot ranch-style residence directly across the street from the mansion he bought the year before. That property, which backs up to the pristine fairways of the Bel-Air Country Club, had long been owned by beloved and recently deceased actor Gene Wilder who sold it in 2007 for $2.725 million to a couple that gave it a quickie renovation and used it as a temporary residence while their far more grand mansion next door was under construction. Mister Musk converted the Wilder residence to a private school where, along with the children of some of his friends and associates, his five children — a set of twins and younger triplets from his first marriage to Justine Musk, a woman who did not have the most flattering things to say about her ex-husband in a 2010 article in Marie Claire — are provided a non-traditional education. He himself described the set up in a 2015 interview in Vogue as “’like a little schoolhouse on the prairie, except in Bel-Air on a golf course’” with “’all these funny nooks and crannies and cute cupboards.’”

Alas, Mister Musk and Miz Riley’s marriage once again soured and in December 2014 he filed for a second divorce. However, by the following summer the on-again/off-again couple were back together and in July 2015 Mister Musk paid $20 million for a 7,026-square-foot contemporary on 3.41 acres that is not next door but rather a couple of doors down from the $17 million mansion he’d bought a few years earlier. There are unconfirmed rumors the terms of the couple’s reconciliation included an agreement they would, at least part-time, maintain separate residences and so that rumor goes the $20 million modern was to facilitate that unconventional arrangement. At right about the same time he bought the $20 million modern manse he paid another $4.3 million to acquire a modest and woefully dated if hardly inexpensive 2,963-square-foot ranch-style house on a high ridge directly above the newly acquired $20 million residence. Perhaps the smaller house was purchased to house staff, security or family members or maybe it was to preserve privacy in the outdoor spaces of the larger residence below. Whatever the case, it’s directly across the street from his latest purchase, the $24.25 million spec-built contemporary. There are still two existing homes at the end of the cul-de-sac that stand between the $4.3 million ranch house and the $24.25 million ultra-contemporary and, though it’s nothing but wild speculation, neither Yolanda nor this property gossip would be the least bit surprised to see the property mad Mister Musk buy both of those houses.

Meanwhile, back in March Miz Riley filed for divorce from Mister Musk. However, in July, a couple of weeks after Mister Musk was reported to have spent some time in Miami with Johnny Depp’s estranged wife Amber Heard — both parties claim to be platonic friends, Miz Riley told the Daily Mail she would “never say never” to getting back together with her estranged husband.

We shall see, butter beans, we shall see.

More Dirt

  • Ellen DeGeneres Buys Adam Levine’s Beverly

    Adam Levine Cashes in on Sale of Max Mutchnick’s Former Mansion to Ellen DeGeneres

    Adam Levine and Behati Prinsloo have sold a baronial Beverly Hills mansion with an illustrious chain of ownership for a reported $45 million to Ellen DeGeneres and Portia de Rossi. The mainstream radio rock star, who, it was announced Friday, will not to return as a coach on “The Voice,” and the Namibian-born Victoria’s Secret [...]

  • Jessica Chastain Scores Manhattan Townhouse

    Jessica Chastain Scores Big Discount on Seven-Bedroom Manhattan Townhouse

    Jessica Chastain, who will next appear in “Dark Phoenix,” the 12th installment of the X-Men film franchise, has substantially up-sized and upgraded her residential circumstances with the $8.875 million purchase of a historic brownstone superbly located in New York City’s Upper West Side. Chastain and her husband, Italian fashion executive Gian Luca Passi de Preposulo, [...]

  • Lindsey Buckingham House

    Fleetwood Mac’s Lindsey Buckingham Lists Brentwood Estate

    Rock and roll royal Lindsey Buckingham of Fleetwood Mac and interior decorator Kristen Buckingham have hung a $29.5 million price tag on their timelessly sophisticated estate in the Brentwood area of Los Angeles. The real estate and design savvy couple acquired the 1.2-acre spread in 2004 for $6.6 million and subsequently custom built the approximately [...]

  • Gary Newman House

    Craig McCaw Sells Montecito Escape to Former Fox CEO Gary Newman

    Oceanfront properties near Montecito’s scenic Miramar Beach rarely trade hands, so it’s almost always a newsworthy event when they do —  and so it is with the transfer of a half-acre estate on coveted Fernald Point. Built way back in 1900, the senescent compound was dramatically overhauled in the mid-2000s, then redone again following its [...]

  • Louis Tomlinson House

    Louis Tomlinson Lists at a Loss in Los Angeles (EXCLUSIVE)

    Former One Direction-er Louis Tomlinson, now a judge on Britain’s “The X Factor,” the very same televised talent show from which he was launched into international teenaged superstardom in 2010, has put his home in a famously celeb-favored neighborhood in the foothills above Hollywood, Calif., up for sale at $6.995 million, a notable amount less [...]

  • Anna Camp Skylar Astin Sell Los

    Anna Camp and Skylar Astin Split and List in Los Feliz

    Having split up earlier this year, actors Anna Camp and Skylar Astin have listed their 1920s Spanish Colonial residence that borders a busy thoroughfare in L.A.’s celeb-favored Los Feliz area for a wee bit less than $2.5 million. The erstwhile couple, whose romance took flight on the set of the “Pitch Perfect” musical film franchise, [...]

  • Nick Zano Rents Calabasas Home

    Nick Zano Seeks Tenant for Mountain Retreat

    Just months after it sold for close to $1.6 million and then received a lickety-split quick cosmetic renovation, a semi-remote spread in the scenic foothills between Calabasas and Malibu, Calif., owned by “Legends of Tomorrow” star Nick Zano, has come up as a boho-chic rental at $12,000 per month. Hidden down a private lane alongside [...]

More From Our Brands

Access exclusive content