Entertainment industry executive Kevin Reilly nabbed a new home in the exclusive Mandeville Canyon area of Los Angeles earlier this month.
Reilly, chief creative officer for Turner Entertainment, paid $7.4 million for the late 1940s, ranch-style home.
The 5,964-square-foot home first hit the market in February 2016 with an asking price of $8.5 million but was taken off the market in July. It then relisted in January for $7.5 million, according to marketing materials.
The property on Boca De Canon Lane was renovated by Nicholas/Budd Architects and has four bedrooms and five bathrooms on a flat lot with a large dining room capable of seating at least 14 people, Variety reported. The house has wood-trimmed floor-to-ceiling glass doors throughout offering views of the large grassy lawn, swimming pool and spa.
The art-gallery-like home was previously owned by art collector and patron Stanley Hollander, according to property records. Hollander, who passed away in May last year, was the founder of Hooper Projects, an artist-in-residence program in Los Angeles.
Reilly last made the news for his house hunting habits when he paid Harrison Ford just under $8.2 million for a home just below the Getty Museum in Brentwood. It then sold in April last year for $12 million to Snaphchat founder and billionaire Evan Spiegel and his fiancée, model Miranda Kerr.
Deedee Howard of the Agency had the listing. Mark Douglas of Coldwell Banker Residential Brokerage represented the buyer. [Variety] — Subrina Hudson