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

TRD 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
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

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

Mohamed Hadid says he can’t pay to tear down his mansion (Credit: Getty Images, iStock)

Hadid says he’s too broke to tear down megamansion

Oprah Winfrey and Jeff Bridges with the home (Credit: Getty Images and Realtor.com)

Oprah has now spent $86M on her Montecito real estate empire

Jonas Brothers set real estate records in Encino

Jonas Brothers set real estate records in Encino

arrow_forward_ios
Loading...