La Jolla home that inspired Tony Stark’s “Iron Man” mansion sells for discount

The Wallace Cunningham-designed mansion first hit the market for $30M last year

Los Angeles /
Aug.August 28, 2019 04:00 PM
The “Razer Home” in Los Angeles sold for $20.8 million
The “Razor Home” in Los Angeles sold for $20.8 million (Credit: Getty Images)

In today’s market, not even Marvel’s wide-reaching appeal was able to fetch a buyer willing to pay full asking price for Tony Stark’s lookalike mansion in La Jolla.

The architecturally significant “Razor Home” sold for $20.8 million Tuesday, roughly 30 percent less than what it originally listed for a year ago. It was most recently listed for nearly $25 million.

Still, the deal marks the most expensive sale in La Jolla so far this year.

The “Razer Home” in Los Angeles
The “Razor Home” in Los Angeles

Designed by Wallace Cunningham, the hillside estate is believed to have served as inspiration for Iron Man’s “Razor Point” mansion in the franchise film. It’s also become a popular filming spot for commercials, luring big-name brands like Calvin Klein and Visa.

Property records reveal the seller was Donald Burns, a Palm Beach resident who has owned the property since 2011. It’s unclear who bought the property.

Spanning 11,000 square feet, the home has four bedrooms and six bathrooms. Inside, a circular living room offers sweeping views of the Pacific Ocean. Amenities include a glass elevator, infinity-edge swimming pool, wet bar, gym and movie theater.

Josh and Matt Altman of Douglas Elliman represented both sides of the deal. Stephen Sweeney, who is also part of their team at Elliman, also represented the buyer.


Related Articles

arrow_forward_ios
Jeffree Star and his Hidden Hills home (Compass, Getty)
Makeup mogul Jeffree Star lists 20K sf mansion
Makeup mogul Jeffree Star lists 20K sf mansion
Kevin Hard and his new Calabasas house (Getty, The Shevins / Berkshire Hathaway)
Kevin Hart buys his neighbor’s house in Calabasas for $7M
Kevin Hart buys his neighbor’s house in Calabasas for $7M
Adele and Nicole Richie (Getty, Google Maps)
Hello, from Beverly Hills: Adele buys Nicole Richie’s home
Hello, from Beverly Hills: Adele buys Nicole Richie’s home
Yo Gotti (Getty) with Candlecrest Drive home. (Redfin)
Rapper Yo Gotti pays $8M for Westlake Village mansion
Rapper Yo Gotti pays $8M for Westlake Village mansion
Megan Fox and Machine Gun Kelly (Getty)
Megan Fox, Machine Gun Kelly take $30K a month rental
Megan Fox, Machine Gun Kelly take $30K a month rental
Sumner Redstone (Getty) with 31 Beverly Park Terrace (Redfin)
Sumner Redstone’s Beverly Park estate flies off market for $27M
Sumner Redstone’s Beverly Park estate flies off market for $27M
Kourtney Kardashian and her Madison Club property. (Getty, Madison Club)
Kourtney Kardashian drops $12M on brand new mansion in Palm Springs
Kourtney Kardashian drops $12M on brand new mansion in Palm Springs
Polo G and his Chatsworth compound (Getty, The Agency)
Rapper Polo G buys Chatsworth compound ahead of release of third album
Rapper Polo G buys Chatsworth compound ahead of release of third album
arrow_forward_ios

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

Loading...