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

Los Angeles /
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

arrow_forward_ios
Avril Lavigne and 6453 Guernsey Avenue (Getty, Realtor)

Avril Lavigne buys Malibu home Scott Gillen rebuilt

Avril Lavigne buys Malibu home Scott Gillen rebuilt
Bret Michaels and the city of Calabasas (Getty)

Something to believe in: Poison’s Bret Michaels returns to Calabasas

Something to believe in: Poison’s Bret Michaels returns to Calabasas
600 The Strand and Cindy Robinson Mullen (Realtor, Tim & Cindy)

Helicopter heiress lists Hermosa Beach home for $23M

Helicopter heiress lists Hermosa Beach home for $23M
Michael Gross and the house (Credit: David M. Benett/Dave Benett / Getty Images, and Google Maps)

A former top WeWork exec asks $32M for Brentwood mansion

A former top WeWork exec asks $32M for Brentwood mansion
Mookie Betts (Credit: Ralph Freso/Getty Images, and Vimeo via Dirt.com)

Mookie Betts follows World Series win with Encino home buy

Mookie Betts follows World Series win with Encino home buy
Khloé Kardashian (Credit: Rodin Eckenroth via Getty Images)

Khloe Kardashian offloads Calabasas manse for record price

Khloe Kardashian offloads Calabasas manse for record price
Justin Bieber and Hailey Baldwin with 1710 Tropical Avenue (Getty, Redfin)

Bieber and Baldwin list Beverly Hills home

Bieber and Baldwin list Beverly Hills home
Kris Jenner and Khloe Kardashian both bought homes in the Hidden Hills (Getty)

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group

Kris Jenner and Khloe Kardashian buy mansions on land once owned by Woodbridge Group
arrow_forward_ios

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

Loading...