×

TV Executive Fred Silverman Sells Mandeville Canyon Compound at Big Discount (EXCLUSIVE)

SELLER: Fred Silverman
LOCATION: Los Angeles, CA
PRICE: $17,765,000
SIZE: (approx.) 8,000 square feet, 5 bedrooms, 6 full and 2 half bathrooms plus 4-bed/4-bath guesthouse and separate pool house

YOUR MAMA’S NOTES: It took nearly a year and, in the end, he settled for nearly half of the original, in-hindsight terrifically optimistic $30 million price tag, but veteran television executive Fred Silverman sold his sprawling, multi-residence compound in the Mandeville Canyon area of Los Angeles for $17.765 million. Despite the huge discount — the last asking price was $22.5 million — Mister Silverman still pocketed a small fortune as property records indicate the primetime programming bigwig, who has held top posts at ABC, NBC and CBS, picked up the larger of estate’s two-parcels in 1992 for $2.55 million and acquired the adjacent property about 1.5 years later for another $650,000 from late, German-born producer Werner Koenig.

Online marketing materials theatrically describe the gated 2.63-acre spread as “The most important compound on the West side” and show the main house, a stately and well maintained if somewhat dated mansion of around 8,000-square-feet, has five bedrooms and six full and 2 half bathrooms. At the rear of the property, a self-contained guesthouse of about 3,500-square-feet, used by Mister Silverman as an executive office, has another four bedrooms and four bathrooms and a detached pool house offers another bathroom and changing room, a kitchen, and a poolside lounge that does double duty as a projection room. The “park-like” property will accommodate off-street parking for “dozens of vehicles,” per listing details, and includes extensive rose gardens bordered by meticulously clipped boxwoods, numerous brick and stone terraces, vast lawns peppered with mature specimen trees, a swimming pool, a swimming pool sized koi pond stocked with more than 100 koi, and a tennis court.

Property records suggest that in the spring of 2016 Mister Silverman downsized to a 6,652-square-foot home on a gated, bluff-top half-acre parcel that overlooks the Riviera Country Club in Pacific Palisades. Listing details show the Duane Jackson-designed residence was built in 2002 with four bedrooms, five full and three half bathrooms, a double-height living room, open kitchen and family room, and a bi-level backyard with trellis-shaded terraces, swimming pool with curvaceous infinity edge, and unobstructed views over the golf course.

Listing photos: Westside Estate Agency

Popular on Variety

More Dirt

  • Hannah Hart House Silver Lake

    'My Drunk Kitchen' Host Hannah Hart Snags Silver Lake Starter House

    Long before anyone imagined “YouTube star” would actually become a viable career title, a young UC Berkeley grad named Hannah Hart filmed a gag video of herself drinking wine while attempting to make a grilled-cheese sandwich and, on a whim, uploaded it to the platform. The clip went viral and subsequently became the basis for [...]

  • Clive Standen House Studio City

    'Taken' Alum Clive Standen Buys Lucy Hale's Canyonside House

    Earlier this year, busy-busy former “Pretty Little Liars” star-turned-social media phenom Lucy Hale — she’s got no fewer than four upcoming films currently in post-production and sports nearly 25 million Instagram followers — upgraded her Studio City real estate circumstances by listing her starter home and purchasing a similarly-sized but significantly more private property in [...]

  • Kevin McKidd House

    Kevin McKidd Lists Hollywood Hills Villa

    Scotish actor Kevin McKidd has put a not quite $2 million price tag on a hillside hideaway nipped away behind imposing iron gates high in L.A.’s Hollywood Hills. The “Grey’s Anatomy” and “Trainspotting” star, who owns several homes across the Los Angeles area, acquired the secluded property just over 11 years ago for $1.625 million [...]

  • Stephen Curry House Atherton

    Stephen Curry Quietly Buys $31 Million Atherton Mansion

    The Bay Area bedroom community of Atherton, Calif. already boasts the wealthiest zip code in all the United States, but an investigation by the San Francisco Chronicle determined it’s still rapidly getting wealthier. Silicon Valley tech billionaires and foreign business barons — the majority of them from Mainland China — have punted local home values [...]

  • Joseph Abboud House Bedford

    Fashion Designer Joseph Abboud Lists Stylishly Updated Historic Retreat

    It’s only 35 miles to Manhattan, but the near-upstate New York hamlet of Bedford feels like an entirely different world. Rolling hills, peaceful pastures dot the landscape. Quaint downtown shops and leafy old-world estates hark back to a bygone era of gracious, quiet wealth. And it’s no surprise that the calming vibe has lured many [...]

  • Betsey Johnson House

    Betsey Johnson Cartwheels Out of Malibu Mobile Home

    Colorful fashion icon Betsey Johnson has her vivaciously hot pink mobile home in Malibu’s prestigious Paradise Cove Mobile Home Park up for sale at $1.95 million. (That’s right, kids. In Malibu, mobile homes cost well upwards of a million bucks and can easily make a rich person feel downright impoverished.) The famously flamboyant septuagenarian designer, [...]

  • Hedi Slimane House

    Celine’s Hedi Slimane Seeks Sale of Chic Manhattan Townhouse

    New York Fashion Week has come and gone in a sartorial storm of loose-fitting 80s inspired suits and ridiculously tiny handbags but a rakishly renovated 19th-century townhouse in New York City’s historic and high-toned Gramercy Park neighborhood, owned by maverick French photographer and fashion designer Hedi Slimane, remains on the rack with a price tag [...]

More From Our Brands

Access exclusive content