×
You will be redirected back to your article in seconds

Billionaire Snapchat Founder Evan Spiegel Upgrades in Los Angeles

BUYER: Evan Spiegel
SELLER: Kevin Reilly
LOCATION: Los Angeles, CA
PRICE: $12,000,000
SIZE: 7,164 square feet, 7 bedrooms, 8 bathrooms (total)

YOUR MAMA’S NOTES: We heard from Platinum Triangle real estate insider Patty Cake that young internet mogul Evan Spiegel, the 25-year-old founder of the heavily used picture sharing app Snapchat, substantially upgraded his residential circumstances in Los Angeles with the $12 million purchase of a Tinseltown pedigreed pad in a plummy pocket of Brentwood where, so the scuttlebutt goes, the multi-billionaire plans shack up with Orlando Bloom’s ex-wife, doe-eyed Australian model Miranda Kerr. The seller of the property was veteran entertainment industry executive Kevin Reilly, currently president of TBS and TNT and Chief Creative Officer at Turner Entertainment, who earned himself a few million bucks on the sale of the property that he picked up in May 2012 for $8.2 million from Harrison Ford who acquired the property in 1983 for $1 million and last lived there with his third and current wife Calista Flockhart.

Perched privately well above the street where it benefits from views that stretch from the Century City skyline to the Pacific Ocean, the electronically gated, thoroughly secured and completely updated early 1950s residence — let’s call it a Country Colonial — was originally designed by vaunted vernacular architect Gerard Colcord whose deftly pastiched designs have always been treasured by celebs and others who can afford them for their easy livability and comfortable elegance. Debbie Reynolds, Bob Newhart, Tony Curtis, Tom Jones and Reese Witherspoon all owned Colcord designed homes and uni-named musician Beck recently spent a tetch more than $3 million on a Colcord designed cottage in the Mandeville Canyon area.

Listing details show the 7,164-square-foot white clapboard-clad and red brick accented main residence opens to a voluminous yet still inviting double-height entrance hall and graciously proportioned living room with perfectly polished medium brown hardwood floors, fireplace surrounded by custom mill work, and French doors to a brick terrace with open, over-the-rooftops view. The adjacent, beam-ceiled dining room is wrapped in black painted wood paneling and anchored by a red brick fireplace while the library’s bay window looks out to a grassy, tree-shaded garden. The kitchen incorporates slab marble counter tops and a large center island with integrated snack bar and the family sized family room offers a third fireplace and a built-in media cabinet quite likely constructed to the exacting specification of Mister Ford, a master woodworker in addition to an Oscar-nominated actor. The main residence’s three en suite bedrooms are all on the upper floor and include a master suite with steeply pitched cathedral ceiling, three sets of French doors that open to a private balcony with sweeping view, and a bathroom outfitted with black marble-topped double sink vanity and a free-standing, silver-sided soaking tub. A separate, two-story structure at the top of the drive is suitable for guests or live in domestic workers with an en suite bedroom on each floor and a two-story pool house provides a lounge, bathroom and kitchen atop a lower level fitness room.

In early 2013 Mister Spiegel whose rapidly growing fortune exceeds two billion bucks according to the bean counters at Forbes, paid $3.33 million for an unassuming but luxuriously appointed three-bedroom and 2.5-bathroom Spanish style home on the leafy border of the posh Brentwood Park neighborhood and Miz Kerr, who sold a small apartment in downtown New York City in 2013 for $1.345 million, owns an ocean-view spread in Malibu that includes a 3 bedroom and 2.5 bathroom main house plus a picayune pool house with kitchenette and bathroom that she snapped up not quite two years ago for $2.15 million. And, just in case any of the children are curious, the Flockhart-Fords, who keep an impressive compound on more than 400 acres near Jackson Hole, WY, moved to a nearly 14,000-square-foot and then brand-new mansion in the Mandeville Canyon area that they snatched up in the fall of 2010 for $12.65 million.

Listing photos: Westside Estate Agency

Popular on Variety

More Dirt

  • Paul Allen House Atherton

    Paul Allen's Major League Atherton Estate Lists at $41 Million

    Paul Allen died almost exactly one year ago, leaving behind a vast and complex estate that “could take years to unravel,” per an extensively researched Fortune article. Included among the Microsoft co-founder’s $26 billion worth of holdings were stakes in professional sports teams, two superyachts, a massive commercial real estate portfolio, several charity organizations, a [...]

  • Mike Shouhed House

    ‘Shahs of Sunset’ Star Mike Shouhed Leases Out Hollywood Hills Bachelor Pad

    Just as Bravo begins to tease the upcoming 8th season of the drama-fueled L.A.-based reality series “Shahs of Sunset,” one of the show’s original and current cast members, investor and entrepreneur Mike Shouhed, has hoisted his glammed-out bachelor pad in a coveted neighborhood in the foothills above Hollywood up for rent at $10,000 per month. [...]

  • Rob Durdek House Beverly Hills

    Rob Dyrdek Skates Into 90210 Mansion

    Guinness World Record-holding skateboarder-turned-entrepreneurial reality TV star Rob Dyrdek has come a long way since his middle-class upbringing in suburban Ohio. The star of MTV’s hit show “Ridiculousness” recently dumped $6 million on a substantial Los Angeles mansion in an exclusive enclave overflowing with other famous residents. Though a quick peek at records reveals the [...]

  • F. Gary Gray House Calabasas

    Filmmaker F. Gary Gray Quietly Buys Calabasas Villa

    Although the sale actually transpired several months ago, it’s only now that veteran music video director (“Waterfalls” by TLC, “Ms. Jackson” by Outkast, “It Was a Good Day” by Ice Cube) turned major-league blockbuster filmmaker (“Friday,” “The Italian Job,” “Straight Outta Compton,” “The Fate of the Furious”) F. Gary Gray’s stealthy acquisition of a large [...]

  • Mike Mussallem House Laguna Beach

    Mike Mussallem Drops $10 Million on Dreamy Laguna Beach Estate

    Most homes in Laguna Beach — arguably Orange County, Calif.’s most expensive and desirable seaside town — sit hard up on the street, on relatively tight lots with minuscule yard space. Not so this estate, recently sold for about $10.4 million. The commendably private property sits at the very end of a dead-end lane, tucked [...]

  • Bobby Murphy House Pacific Palisades

    Snapchat's Bobby Murphy Spends Big for Neighboring Home

    Though Snapchat founder and chief technology officer Bobby Murphy publicly plays second fiddle to his famously brash, supermodel-marrying co-founder Evan Spiegel, Murphy remains the social media network’s undisputed real estate king. Over the last few years, the 31-year-old tech tycoon — worth a reported $3.2 billion, per Forbes — has spent nearly $50 million on luxury [...]

  • Camille Grammar House Brentwood

    'Real Housewife' Camille Grammer Buys Brentwood Estate

    Though she lost one of her two multimillion dollar Malibu homes to the flames of last year’s devastating Woolsey Fire, “Real Housewives of Beverly Hills” alum Camille Grammer isn’t letting any pesky natural disasters slow her real estate roll. The cancer-surviving former Club MTV dancer, newly married to bigshot Los Angeles attorney David Meyer, has [...]

More From Our Brands

Access exclusive content