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The Real Deal Los Angeles

Seinfeld producer sells Bel Air spec home for $9.5M

He developed it after buying the property four years ago
July 06, 2017 06:00PM

Andrew Scheinman,  525 Bellagio Terrace (Credit: Gussman Czako Estates, Getty)

TV producer Andrew Scheinman purchased a Bel Air property four years ago, and yada yada yada, the spec house he built on the site just sold for $9.5 million.

Scheinman, who was an executive producer on “Seinfeld” and a producer on “When Harry Met Sally,” purchased the property at 525 Bellagio Terrace four years ago for $2.93 million. He developed a 6,020-square foot home on the property and listed it for $11.5 million last year. It just sold for roughly $2 million less than its initial asking price, the Los Angeles Times reported.

The home was last listed for $10.8 million before selling, according to the Multiple Listing Service. Paul Czako of Gussman Czako Estates represented Scheinman. Heather Gussman, also of Gussman Czako Estates, represented the buyer, who has not been publicly identified.

The home features a 600-bottle wine cellar, 14 flat screen TVs and 40 glass-carbon ceiling speakers. [LAT]Kathryn Brenzel