This “Full House” sold at an $18M discount

Spec house at 1302 Collingwood Place and Jeff Franklin (Credit: The Agency, Twitter)
Spec house at 1302 Collingwood Place and Jeff Franklin (Credit: The Agency, Twitter)

Aw, nuts.

“Full House” creator Jeff Franklin finally sold his Hollywood Hills West spec house, but at an $18 million discount from its initial listing price of $38 million.

Perched above Sunset Strip, the five-bedroom house on Collingwood Place went for $20.2 million, the L.A. Times reported. Franklin recently dropped the asking price to $24 million in May after briefly taking the house off the market.

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The Agency’s Brendan Fitzpatrick and H. Blair Chang had the listing. The buyer was represented by Rick Beck of Keller Williams Realty.

Sitting on about a half-acre of land, the Richard Landry-designed home comprises eight bathrooms, a sweeping circular staircase, a wine cellar, formal living and dining rooms, a great room, and an infinity pool with a spa on the grounds.

While he may not have gotten the price he wanted, the deal is still a big win for Franklin. The producer and screenwriter, who lives in another Landry-designed property nearby, acquired the land on which the house sits for less than $2 million in 1988, records show. [LAT]Cathaleen Chen