Directors cut: Price chopped to $19.5M for ‘Dynasty Mansion’ in Pasadena

A favorite Hollywood filming spot, home was listed for $28M in 2017

TRD LOS ANGELES /
Jan.January 15, 2019 02:00 PM
1145 Arden Road, officially called the Arden Villa (Credit: Zillow and iStock)

In another sign of a cooling trend in celebrity homes, a Pasadena mansion used by the iconic 1980s show “Dynasty” has slashed its asking price by nearly a third.

The gated 17,600-square-foot estate, a favorite Hollywood filming location over the years, was re-listed this month for $19.5 million, the Los Angeles Times reported.

That’s $8.5 million less than when the three-acre property hit the market in 2017 at $28 million, or $2,154 per square foot.

The drop shows how parts of Los Angeles County are simmering down, making it more difficult to sell luxury real estate near original asking prices.

The property at 1145 Arden Road is officially called the Arden Villa, but is more popularly called the “Dynasty Mansion,” after actresses Linda Evans and Joan Collins fought it out in a lily pond on the property in a signature catfight scene. Big movies have also filmed at the property, including “Terms of Endearment” and Adam Sandler’s “Billy Madison.”

The seller is an entity registered to Guang “Geoffrey” Ren, who purchased the home in 2013 for $20 million from “Spring Breakers” producer David Zander, according to property records.

The four-story main residence is a Palladian-inspired Italianate house. It was designed by Marston & Van Pelt and built in 1913 for William Kennon Jewett, the railroad heir and mining tycoon.

The property has 10 bedrooms, 11 bathrooms, a 2,430-square-foot guesthouse, a games room, a wine cellar, a tennis court, and two pools. Nick Cacarnakis and Jack Chang of Berkshire Hathaway have the listing. [LAT]Gregory Cornfield


Related Articles

arrow_forward_ios
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
The Pasadena home (Credit: Douglas Elliman of CA, Inc.)

Pasadena’s Chandler Estate in contract

Pasadena’s Chandler Estate in contract
Kathy Griffin and the home (Credit: Douglas Elliman and Tibrina Hobson/Getty Images)

No laughing matter: Kathy Griffin wants $16M for Bel Air manse

No laughing matter: Kathy Griffin wants $16M for Bel Air manse
James Cameron and the property (Credit: Mike Pont/FilmMagic via Getty Images, and The Altman Brothers)

James Cameron lists longtime Malibu haunt for $25M

James Cameron lists longtime Malibu haunt for $25M
Taraji P. Henson, Cardi B, and Matthew Perry (Credit: Rich Fury/Getty Images, Frazer Harrison/Getty Images, and Frederick M. Brown/Getty Images)

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad

Cardi B, Taraji P. Henson among celebs renting $35K/month Malibu pad
Alexandra von Furstenberg and a rendering of the home (Credit: Steve Granitz/WireImage via Getty Images, and Reltor.com via Variety)

Alexandra von Furstenberg picks up unfinished mansion in Beverly Park

Alexandra von Furstenberg picks up unfinished mansion in Beverly Park
Justin and Hailey Bieber with the home (Credit: Jon Kopaloff/Getty Images, and Realtor.com via Variety)

Justin Bieber, Hailey Baldwin upgrade to $26M manse in Beverly Park

Justin Bieber, Hailey Baldwin upgrade to $26M manse in Beverly Park
Matthew Perry and the home (Credit: Jason Kempin/Getty Images, and Redfin via Variety)

Matthew Perry lists Malibu pad as DTLA penthouse still sits on market

Matthew Perry lists Malibu pad as DTLA penthouse still sits on market
arrow_forward_ios

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

Loading...