Cut: Jon Voight slashes price on Beverly Hills development opportunity

Actor relists 3.4 acres in Beverly Crest that had been asking $20M

TRD LOS ANGELES /
Sep.September 18, 2020 09:00 AM
Jon Voight (Credit: Paul Archuleta/Getty Images)

Actor Jon Voight is relisting a 3.4-acre development opportunity in Beverly Crest at a sharp discount.

The property, which includes a 3,500-square-foot home, is back on the market for $14 million, according to the Los Angeles Times. That’s a 30 percent drop from the $20 million the actor offered it for in August 2019.

While Voight is flexible with pricing, it appears he’s still tightly guarding details about the property. Marketing materials from the property’s first round on the market did not provide many details.

It does have a remodeled two-story Mid-century home with four bedrooms and four bathrooms. The home has a back deck and a walkway leading to a brick patio at the swimming pool. The property is mostly flat, comprising a half-dozen parcels and is between Beverly Glen Park and Franklin Canyon Park, the Times reported.

Last year, it was only available for a tour with an accepted offer.

Rick Brucker Realty marketed the property last year as a development opportunity, calling it a “once in a lifetime opportunity to build the home of your dreams.”

Josh and Matt Altman of Douglas Elliman now have the listing.

The Los Angeles market has seen a wave of land listings over the last few years. At least 317 acres of vacant land in Beverly Hills and Bel Air alone hit the market during the nine months or so between the summer of 2018 and early 2019.

David Geffen bought a one-acre development property in Beverly Hills’ “Billionaire Row” for $30 million last year, although that property came with entitlements for a 24,500-square-foot mansion. [LAT]Dennis Lynch


Related Articles

arrow_forward_ios
Steve Levitan and the home (Credit: Jason LaVeris/FilmMagic via Getty Images and Google Maps)

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad

Steve Levitan of “Modern Family” fame asks $16M Malibu beach pad
Ellen DeGeneres and Portia (Credit: Christopher Polk/Getty Images, and Google Maps)

Ellen DeGeneres lists Santa Barbara compound for $40M

Ellen DeGeneres lists Santa Barbara compound for $40M
Jack Giarraputo and the house (Credit: E. Charbonneau/WireImage for Sony Pictures-Los Angeles via Getty Images, and Douglas Elliman)

Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M

Shovel-ready in Malibu: Producer Jack Giarraputo lists land for $32M
From left: David Parnes, James Harris, Tracy Tutor, Josh Flagg, Josh Altman, and Hiten Samtani

“Million Dollar Listing” stars dish on LA’s luxury market

“Million Dollar Listing” stars dish on LA’s luxury market
Chuck Lorre and the home (Credit: Emma McIntyre/Getty Images, and Google Maps)

Producer Chuck Lorre buys again in Pacific Palisades

Producer Chuck Lorre buys again in Pacific Palisades
Rob Lowe and wife Sheryl Berkoff, with the home (Credit: Gregg DeGuire/WireImage via Getty Images, and Compass/The Agency)

Rob Lowe sells Montecito mansion for $46M

Rob Lowe sells Montecito mansion for $46M
LeBron James and the home at 9955 Beverly Grove Dr. (Credit: Ezra Shaw/Getty Images, and Google Maps)

Closing in on title, LeBron James closes on Beverly Hills mansion

Closing in on title, LeBron James closes on Beverly Hills mansion
John Legend and Chrissy Teigen (Credit: Charley Gallay/Getty Images)

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon

John Legend and Chrissy Teigen find roomier digs in Benedict Canyon
arrow_forward_ios

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

Loading...