×

Hedge Funder Slashes Price of Showbiz Pedigreed Estate by $4.5 Million

Location:
Beverly Hills, Calif.
Price:
$44.5 million
Size:
(approx.) 12,000 square feet, total of 5 bedrooms and 9 full and 4 half bathrooms

Whether a sign of significant softening in the high-end marketplace or, perhaps, a reflection of a too-bullish seller getting serious about selling, a sumptuous, showbiz-pedigreed Beverly Hills, Calif., estate once owned by Brad Pitt and Jennifer Aniston is now listed at $44.5 million, $4.5 million less than its last ask of $49 million and a staggering $11 million below the pie-in-the-sky, $56 million price tag the property was saddled with when first came for sale about six months ago amid a deluge of publicity.

Designed by illustrious, high-society architect Wallace Neff and built in the 1930s for actors Fredric March and Florence Eldridge along a particularly prestigious street in Beverly Hills, the aristocratic spread was later owned by photographer and Vanderbilt heir Shirley Burden. Philanthropist Wallis Annenberg came to own the house but sold it in 2001 to entertainment attorney Ken Ziffren, who held on to the property for about five years before he sold it to Pitt and Aniston in 2001 for $12.5 million.

After an exacting and no-doubt ungodly costly three-year renovation, during which they installed a black and white checkerboard pattern heated marble floor in the kitchen, a state-of-the-art screening room and, in a bar/pub room, wood floors imported from a 200-year-old French château, Pitt and Aniston sold the house the year following their 2005 divorce for about $13.5 million to its current owner, hedge fund executive Jonathan Brooks. Among other alterations and improvements, Brooks added a lighted tennis court with an ultra-modern court-side pavilion topped by a loft-inspired guesthouse.

Popular on Variety

Concealed behind an exceptionally tall and scrupulously clipped hedge, the multi-winged French Normandy Revival mansion measures in at around 12,000 square feet and contains four en suite bedrooms along with an ample variety of formal and informal entertaining spaces commensurate with home of this size and provenance. According to listings jointly held by Susan Smith of Hilton & Hyland and Kurt Rappaport of Westside Estate Agency, there are a total of nine full and four half bathrooms spread throughout the estate’s approximately 1.2-acre grounds.

Beyond an intimately scaled circular foyer there’s a ballroom-sized living room with glossy, dark-stained wood floors and a book-matched white marble fireplace. Floor-to-ceiling windows open to a broad entertaining terrace that overlooks the manicured grounds at the back of the house. The separate dining room has a fireplace with inky-black penny tile surround and the kitchen and adjoining breakfast room are lined with marble-topped black-lacquered cabinetry and premium-grade appliances including an imported range.

Designed to pamper the homeowner in spacious luxury, the master retreat encompasses a private study and a large bedroom with antique carved marble fireplace under a groin-vaulted ceiling. There’s a gleaming, all-white bathroom with an over-sized shower behind a curved wall of glass and a huge, fully paneled dressing room is fitted with bespoke built-ins under a high, arched ceiling.

Set well below the house at the bottom of two, elegantly curved stone staircases, there’s a stone-walled bar and lounge that opens through walls of windows to a cozy patio with outdoor fireplace and a boutique hotel-worthy swimming pool and spa surrounded by flagstone terracing and sculpted plantings. Behind a wall of mature trees, the lighted tennis court and guesthouse are accessible by separate, secured entrance.

Since married to and divorced from actor Justin Theroux, Aniston now resides in a stunning, custom renovated A. Quincy Jones designed mid-century mansion in Bel Air she scooped up in 2012 for almost $21 million — it was featured last year in all its casual but rarefied glory in Architectural Digest — and Pitt, since married to and divorced from Angelina Jolie, bunks down in a multi-residence compound in the celeb-favored foothills of L.A.’s Los Feliz area that he purchased in a handful of transactions between 1994 and 2009 for a total of almost $5 million.

More Dirt

  • Linda Tawil House Calabasas

    Morphe's Linda Tawil Pays Record $11.3 Million in the Oaks of Calabasas

    When “The Biggest Loser” executive producer David Broome sold his lavish Calabasas mansion back in summer 2017, he came out a big winner — the $8.1 million sale price was nearly $3 million more than he had paid for the property five years prior. Located in the so-called “Estates of the Oaks” enclave high in [...]

  • Chris Tawil House Malibu

    Morphe's Chris Tawil Pays $18.5 Million Cash for Jason Statham's Malibu Beach House

    Company valuations in the cosmetics industry are currently bananas, as blockbuster actor Jason Statham can attest. Last month, Statham sold his Malibu beach home for $18.5 million in an all-cash deal, nearly double the $10.6 million he paid for the property back in 2009. According to records, the buyer is Chris Tawil, the businessman who [...]

  • Rachel Hunter House

    Rachel Hunter (Finally) Sells Sunset Strip House

    After almost three years on and off both the sales and rental markets, former fashion model, actor and TV spokesperson Rachel Hunter has at long last sold her longtime Los Angeles, Calif., home. The $3.45 million sale price is a small but enviable fortune above the $2.425 million she ponied up for the property in [...]

  • Fawaz Alhokair House Bel Air

    Fawaz Alhokair Bought Bel Air's $94 Million Billionaire Estate

    There’s an odd dichotomy in California’s high-end real estate market. While other traditional luxury areas like the Bay Area and coastal Orange County have been mired in a slight sales slump over the past year, driven by multiple factors – a tumultuous stock market, political uncertainty and more — L.A.’s ultra-luxe segment has been on [...]

  • Jan DeWitt House

    Television Producer Jan DeWitt Lists Secluded Santa Barbara Retreat

    Veteran television producer Jan DeWitt has listed his rustic canyon retreat in the ruggedly affluent foothills above Santa Barbara, Calif., with an asking price of almost $1.7 million. Tax records indicate that DeWitt, who produced dozens of episodes of the late 1990s series “The Pretender” and the early Aughts series “Judging Amy” before he went [...]

  • Demian Bicihir House Los Angeles

    Demian Bichir Goes Modern in L.A.'s San Fernando Valley

    Demian Bichir is switching residential gears, having selected a new home in L.A.’s increasingly desirable (and expensive) San Fernando Valley. Records show the Mexican-American veteran thespian forked out just under $2.9 million for the residence, and the house is located a quick drive to a bevy of restaurants and shopping destinations. Bichir, who hails from [...]

  • Meghan Markle House Malibu

    Meghan Markle, Prince Harry Eyeing Kylie Jenner's Former Malibu Rental House

    Although they’re currently bunking up in a $14 million Vancouver mansion, it’s long been widely speculated that ex-royals Meghan Markle and Prince Harry eventually plan to settle in Los Angeles, where Markle was raised and where her mother, Windsor Hills-based Doria Ragland, still resides. It was Caitlyn Jenner who first leaked the news that the [...]

More From Our Brands

Access exclusive content