Vice Media CEO Shane Smith buys $3.8M estate in Pacific Palisades

Last year, he bought a $23M house in Santa Monica that was used in “Beverly Hills Cop”

Jul.July 15, 2016 01:00 PM

In an uncertain media climate of layoffs and disruption, Shane Smith isn’t hurting much.

The CEO of Vice Media just bought his second Los Angeles home: a $3.8 million estate in the ritzy Rustic Canyon neighborhood of the Pacific Palisades, The Real Deal has learned.

The five-bedroom, 2,615-square-foot house is described in its listing as having elements of “rustic modernism.”  A “tree top” master suite on the second story provides views of the Canyon tree canopy. Diana Braun of Compass was the listing agent. Frank Langen of Deasy Penner & Partners represented Smith. 

The Palisades buy follows his 2015 purchase of a $23 million estate in Santa Monica, roughly a mile away. That house, on Channel Road, was used in the movie “Beverly Hills Cop.”

Smith also owns an apartment in New York City. He bought a unit at 20 Desbrosses Street in 2009 for $2.2 million.

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