Producer looks to make $4M return on Beverly Hills pad

Mike Medavoy cut the 8,800-sf listing to just under $12M

TRD LOS ANGELES /
Aug.August 12, 2016 01:00 PM

“Black Swan” producer Mike Medavoy slashed a cool $1 million off his Beverly Hills listing, which now goes for just under $12 million.

The 8,829-square-foot house has been on the market for nearly two years. Its initial price tag was $15 million, Variety reported.

Described as a “Hamptons Traditional,” the main abode sits on 1.9 acres of manicured grounds. With six bedrooms and eight bathrooms, it features a media room, breakfast nook, library with fireplace and family room with a wet bar. The master bedroom suite has its own fireplace and a private balcony, but the real gem is the bathroom — it has a sunroof, twin vanities, jacuzzi tub and a two-person shower.

Medavoy acquired the home in June 2013 for $8.2 million.

Outside, the property offers flagstone terraces, a swimming pool with spa, a grilling station and views of the canyon.

Medavoy, who has worked on thrillers like “Shutter Island” and “Zodiac,” has bought and sold several properties in L.A. with wife Irena. In 2010, for instance, the pair flipped a $6 million Mulholland Estates bungalow and sold it to Charlie Sheen for $7 million. [Variety]Cathaleen Chen


Related Articles

arrow_forward_ios
The Beverly Hills office (Credit: Google Maps)

Sam Hakim-led family firm pays $36M for Beverly Hills office

Sam Hakim-led family firm pays $36M for Beverly Hills office
Gene Simmons of Kiss (Credit: Per Ole Hagen/Redferns via Getty Images)

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion

Escape from LA: Kiss’ Gene Simmons lists Beverly Hills mansion
Wayne Gretzky and his wife Janet Marie Gretzky with the home (Credit: Google Maps and Allen Berezovsky/WireImage via Getty Images)

“The Great One” lists Thousand Oaks mansion

“The Great One” lists Thousand Oaks mansion
Katy Perry and Orlando Bloom (Credit: Phillip Faraone/Getty Images)

Katy Perry and Orlando Bloom buy big in Montecito

Katy Perry and Orlando Bloom buy big in Montecito
Steve Levitan and the home (Credit: Jason LaVeris/FilmMagic via Getty Images and Google Maps)

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad
Jack Giarraputo and the house (Credit: E. Charbonneau/WireImage for Sony Pictures-Los Angeles via Getty Images, and Douglas Elliman)

Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M

Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M
From left: David Parnes, James Harris, Tracy Tutor, Josh Flagg, Josh Altman, and Hiten Samtani

“Million Dollar Listing” stars dish on LA’s luxury market

“Million Dollar Listing” stars dish on LA’s luxury market
Chuck Lorre and the home (Credit: Emma McIntyre/Getty Images, and Google Maps)

Producer Chuck Lorre buys again in Pacific Palisades

Producer Chuck Lorre buys again in Pacific Palisades
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...