Zsa Zsa Gabor’s former home sells for $10.4M

Los Angeles /
May.May 10, 2017 06:14 PM

After legendary actress and socialite Zsa Zsa Gabor died late last year, real estate insiders began spreading word that her longtime Bel Air home was in escrow – but a sale never closed.

Now, however, it appears a buyer has sealed the deal on the purchase of the nearly 9,000-square-foot home, sources told The Real Deal. 

It appears the new owner purchased the property for $10.4 million, according to Zillow.

Gabor bought the property at 1001 Bel Air Road in 1973 for $250,000. Cash-strapped, Gabor and her husband Frédéric Prinz von Anhalt sold the estate in 2013 to an entity connected to the development firm Jade Enterprises, owned by Albert Taban, property records show — but they continued to live there.

Part of Taban’s deal with the couple allowed them to remain at the estate for at least four years, or until Gabor’s death, paying $350,000 a year in rent, according to Curbed.

Jade does not appear to have listed the property on the market, indicating it was a whisper listing. It last officially listed in 2012, the year before Jade bought it, for $14.9 million, the MLS shows.

The home has six bedrooms, seven bathrooms and a circle foyer with a large pool terrace. It has hosted several notable guests including Elizabeth Taylor, Frank Sinatra, and presidents Ronald Reagan and George H.W. Bush.

The property, built in 1955, is rumored to have been commissioned by Howard Hughes, said listing agent Roger Perry of Rodeo Realty.

The home offers “300-degree views of Downtown, the Westside and the ocean,” Perry said.

Independent broker Janet Farzan represented the buyer.


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