A 48-acre estate in Brentwood re-lists for $29M

Property includes 5 structures, tennis court and lake

Feb.February 21, 2019 02:00 PM
The Amber Hills Estate in Brentwood has been relisted for $28.5 million

The sprawling 48-acre Amber Hills Estate in Brentwood has hit the market again after the owner sliced $3 million off its asking price.

Originally listed for $31.5 million last June, the property on Mandeville Canyon Road was posted at $28.5 million last month, according to Realtor.com.

The new price tag is nearly double the $14.6 million what hedge fund manager and current owner David Ganek paid for it in 2014.

The main residence includes 12,000 square feet of space, with 13 bedrooms and eight bathrooms. It was designed in the 1940s by architect Paul Williams for opera singer John Charles Thomas.

The estate also features a tennis court and four other structures, including a pavilion, guesthouse, caretaker’s house, and a maintenance building. The centerpiece is a lake with bridges and waterfalls.

Ganek purchased it from Glorya Kaufman, the widow of Donald Kaufman who co-founded KB Home with Eli Broad. Over the years, Hollywood icons Dick Powell and June Allyson have also owned the home.

Susan Smith with Hilton & Hyland has the listing.

Brentwood is one of the priciest neighborhoods in Los Angeles, and is home to many business moguls and celebrities. NBA superstar LeBron James has shown he has game in the real estate market as well, as he now owns two homes in Brentwood. [Realtor.com] — Gregory Cornfield

Related Articles

Anna and David Solomon with the Douglas Elliman's Beverly Hills offices at 150 El Camino Drive (Credit: Solomon Property Group, Google Maps)

Oh, mother: David Solomon leaves Agency for Elliman

Aaron Kirman (Credit: Getty Images)

Aaron Kirman’s “Listing Impossible” is a beach house “sex dungeon”

Actor Charlie Sheen and his mansion at 14003 Aubrey Road in Mulholland Estates (Credit: Getty Images and Realtor.com via LAT)

Charlie Sheen takes a loss on Mulholland Estates party pad

Michelle Pfeiffer, Jim Crane and the home (Credit: Getty Images and Zillow)

Move over Ellen: Michelle Pfeiffer is latest celeb RE player

Beth Styne (Credit: Nick Reid and Wikipedia)

Coldwell LA’s Beth Styne moves from manager to producer

A home for Illya Kovalchuk when he hangs up the skates (Credit: Redfin and Getty Images)

Ex-King Kovalchuk buys Beverly Hills manse then bids LA adieu

Mohamed Hadid is facing a judge's order to tear down his Bel Air mansion, something that hasn't happened to an LA homeowner in 35 years. (Credit: Getty Images, iStock)

Hadid mansion case has echoes of a Saudi sheikh

 The top five Los Angeles home sales combined to net $536 million

These were the 5 biggest resi deals in LA in 2019