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