Music man Michael Feinstein drops price an octave on Los Feliz mansion

The performer and keeper of the Great American Songbook chopped the asking 27%

Apr.April 26, 2019 10:00 AM
Michael Feinstein and a main room in the Los Feliz mansion
Michael Feinstein and a main room in the Los Feliz mansion

UPDATED, April 29, 9:32 a.m.: Musician and entertainer Michael Feinstein has dropped the price several octaves on his Los Feliz mansion.

Feinstein chopped the asking for his Tudor Revival estate to $18.9 million, according to the Los Angeles Times. He first listed the home a year ago at $26 million. The reduced price represents a 27% decline.

Last January, Feinstein bought a larger estate in Pasadena.

The 15,200-square-foot Los Feliz property is three stories, and includes six bedrooms and 6.5 bathrooms, a gym, screening room, and wine cellar. There’s also a guest house. Douglas Elliman’s Ernie Carswell, Tom Postilio and Mickey Conlon have the listing.

Feinstein and husband Terrance Flannery have owned it for 20 years. They paid $2.5 million for the home in 1998. The Los Feliz estate was built in 1926 and was a Russian consulate property from 1935 until the 1950s. Feinstein and Flannery threw lavish star-studded parties there, one for Liza Minnelli.

They appear to be consolidating their real estate; the pair sold their Upper East Side brownstone for $15.2 million last year.

Feinstein and Flannery’s new Pasadena home is a 20,000-square-foot mansion designed by celebrated architect Lewis P. Hobart.

Feinstein, a Grammy- and Emmy-nominated entertainer, is archivist of the Great American Songbook, an informal collection of cabaret, film, and stage songs written in the first half of the 20th century. [LAT]Dennis Lynch 

Related Articles

Mohamed Hadid and his ill-fated spec mansion

Hadid’s Bel Air mansion must be torn down: city

Simon Fuller and his wife, Natalie

Off key: “American Idol” creator cuts price on Bel Air home

Kawhi Leonard and LeBron James with their California homes (Credit: Getty Images and Redfin)

Real estate rivalry: How the stars of the Lakers and Clippers live

Rachel Bloom and Matt Leinart (Credit: Getty Images)

Actress Rachel Bloom sues Matt Leinart-tied developer over house defects

Frank Lloyd Wright, Ron Burkle, and the Ennis House

Billionaire Ron Burkle sells Frank Lloyd Wright-designed home at record price

Kunal Nayyar and the home (Credit: Getty Images and Comapss)

“Big Bang Theory” star Kunal Nayyar buys Hancock Park home

Four of the top residential listings in LA this week

Here are the priciest resi listings in LA County last week

Larry King and Shawn Southwick

Larry King is saying “so long” to Beverly Hills Flats mansion