The Real Deal Los Angeles

Ultimate kid-friendly home hits the market for $15.5M, theme song not included

Brentwood home has 5,000-sf playground and a gift wrapping room

August 30, 2016 10:00AM

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Stephanie and Ron Fair, and their home at 499 Halvern Drive

Stefanie Ridel and Ron Fair, and their home at 499 Halvern Drive

Music executive Ron Fair and his wife, songwriter Stefanie Ridel, have listed their 9,200-square-foot Brentwood home for $15.5 million, the Wall Street Journal reported.

The one-acre property features its own playground, designed with the couples’ four children in mind, and even has a theme song that the couple wrote and recorded.

Fair, the former chief creative officer at Virgin Records, bought the nine-bedroom, 16-bathroom property for $7.25 million in 2008.

The Happy Times play area

The Happy Times play area

The property features an office, a swimming pool, a greenhouse, three kitchens including an outdoor catering kitchen, and two detached guesthouses now used as a studio and soundstage. It even has a gift-wrapping room for all the birthday parties the family attends.

Billy Rose of the Agency is the listing agent.

Fair told the Journal that he’s selling the home because the family is moving to Nashville, Tennessee, where he can focus on discovering new talent.

The home has been featured on Bravo show, “There Goes the Motherhood,” in which Ridel stars. [WSJ]Cathaleen Chen