Sprawling Edie Goetz estate in Holmby Hills gets sliced in two

Los Angeles /
Feb.February 01, 2017 10:30 AM

In L.A. real estate, two houses are always better than one.

Gary Wilson, the former chairman of the board of Northwest Airlines, has divided his sprawling Holmby Hills estate into two separate parcels in order to appeal to a wider range of prospective purchasers, sources told The Real Deal.

The property, best known as the former home of socialite Edith Mayer Goetz, previously hit the market for a total $79 million in September. The main house, which sits on roughly 2.2 acres, is now available for $45 million, while the adjacent approximately 2.5-acre parcel is asking $37 million.

Wilson acquired the main property from the Goetz estate in 1990, and later purchased the adjacent property, combining the two. The adjacent lot has a lighted tennis court, a pool, a conservatory and a two-story guest house.

Splitting up the two parcels opens the property to a larger number of prospective buyers who may not have been able to afford the $79 million price tag, sources said. Previously, the property was so large that guests traversed the grounds by funicular.

Jeff Hyland and Drew Fenton of Hilton & Hyland share the listings with Aaron Kirman of John Aaroe Group.

The 11-bedroom, 20,000-square-foot Georgian Revival-style main house dates back to the 1930s and features a screening room where Goetz, daughter of Metro-Goldwyn-Mayer co-founder Louis B. Mayer, debuted movies to her friends pre-release.


Related Articles

arrow_forward_ios
Eva Chow and 133 S Mapleton Drive (Getty, Realtor)

Eva Chow’s supersized Holmby Hills mansion gets another price cut

Eva Chow’s supersized Holmby Hills mansion gets another price cut
Elvis and Priscilla Presley with the home (Credit; Bettmann/Getty Images)

Elvis Presley’s former Holmby Hills home sells for $30M

Elvis Presley’s former Holmby Hills home sells for $30M
Fanny Brice and the home (Credit: Wikipedia and Zillow)

Rebuilt estate in Holmby Hills returns to the market asking $62M

Rebuilt estate in Holmby Hills returns to the market asking $62M
Gala Asher and Kylie Jenner (Credit: J. Vespa/WireImage, and Ethan Miller/Getty Images)

Kylie Jenner pays $37M for Gala Asher’s Beverly Hills spec mansion

Kylie Jenner pays $37M for Gala Asher’s Beverly Hills spec mansion
Gala Asher’s latest spec home to hit the market (Credit: Redfin)

Gala Asher lists “Modern Fortress” in Holmby Hills for $55M

Gala Asher lists “Modern Fortress” in Holmby Hills for $55M
The home on South Mapleton in Holmby Hills

Spelling Manor just sold, but this Holmby Hills estate is back on the market

Spelling Manor just sold, but this Holmby Hills estate is back on the market
Actor Vincent Price and the mansion

Oh, the horror: Vincent Price’s former Holmby Hills manse hits market

Oh, the horror: Vincent Price’s former Holmby Hills manse hits market
Eva Gabor and Frank Sinatra with the estate (Credit: Getty Images)

Holmby Hills estate where Sinatra, Hepburn and Gabor once slept sells

Holmby Hills estate where Sinatra, Hepburn and Gabor once slept sells
arrow_forward_ios

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

Loading...