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New York

California Disney estate sells for $74M

The seller paid just $8.5M for the home in 1997

The Disney estate on Carolwood Drive in Los Angeles
The Disney estate on Carolwood Drive in Los Angeles

WEEKENDEDITION Walt Disney’s southern California estate has sold for a whopping $74 million, a source confirmed to the New York Daily News. 

The massive Holmby Hills property includes the iconic S-shaped tunnel through which the movie mogul’s miniaturized steam train – the “Carolwood Pacific Railroad” — ran.

The mansion has been rebuilt to feature eight bedrooms, 17 bathrooms, a wine cellar, library, gym, movie theater, tennis court, pool and two safe rooms.

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Located on Carolwood Drive in Los Angeles, the 4.3 acre-property was listed at $90 million with Jay Harris and Mauricio Umansky of the Agency and Ron de Salvo of Coldwell Banker.

Walt Disney purchased the property in 1949 and lived there until his death in 1966.

The seller is Houston Dynamo Soccer club co-owner Gabriel Brener, who purchased the home for $8.5 million in 1997. [NYDN] — Christopher Cameron