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

Michelle Pfeiffer and David E. Kelley purchase $22.5M Pacific Palisades home (Credit: Compass and Getty Images)

Michelle Pfeiffer, David E. Kelley buy Pacific Palisades pad for $23M

Billionaire David Saperstein lists Malibu home (Credit: Alfred Yson/Sotheby's International Realty via The Wall Street Journal)

Metro Networks founder Saperstein lists Malibu home for $115M

Richard Neutra's Lovell House in Los Feliz is open for events -- and possible offers from buyers.

Richard Neutra’s Lovell House, in need of TLC, invites buyers in

Actor Charlie Sheen and his mansion at 14003 Aubrey Road in Mulholland Estates (Credit: Getty Images and 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

Mohamed Hadid and the mansion (Credit: Getty Images, iStock, and Mega via TMZ)

Judge puts Hadid’s Bel Air mansion on demolition fast-track

Hadid and the home (Credit: Getty Images)

Hadid: I must continue building Bel Air mansion to satisfy creditors

The Beverly House (Credit: Jade Mills Estates)

Beverly House owner hopes Saudi prince is his white knight