Tobey Maguire sells acre of dirt in Brentwood for $11M

Second priciest land deal of 2021, but actor didn’t get big return on investment

Los Angeles /
May.May 11, 2021 09:00 AM
Tobey Maguire and his $11 million acre of dirt. (Getty, David Offer)
Tobey Maguire and his $11 million acre of dirt. (Getty, David Offer)

Land is at a premium in Brentwood, but land values don’t seem to be rising in the toney enclave.

Just ask Tobey Maguire.

The actor who starred in three “Spider-Man” movies sold an acre of dirt for $10.75 million, according to the Los Angeles Times.

It’s the second-priciest deal for an undeveloped lot in L.A. this year, behind an $11.5 million deal in nearby Brentwood Park.

But Maguire didn’t get a big return on his investment for the land at 193 N. Carmelina Avenue. He bought the property in 2008 for $10 million and listed it a decade later for $14.25 million. Maguire dropped the price to $11 million last summer, the Times reported. David Offer of Fine Homes had the listing.

The property once included a Monterey Colonial-style home designed by architect John Byers. Past residents included silver screen legend Greta Garbo. The property has since been completely cleared.

Some high-profile homes in the neighborhood include LeBron James’ 9,440-square-foot manse in the Rockingham Rim area and a 10,000-square-foot mansion owned by former WeWork executive Michael Gross.

[LAT] — Dennis Lynch


Related Articles

arrow_forward_ios
Engelbert Humperdinck in Jayne Mansfield’s famous “Pink Palace” in Holmby Hills back in the day. (Getty)
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
Engelbert Humperdinck seeks $6.2M for Bel Air mansion — but it needs work
From left: Bob Hope, Dolores Hope and Ron Burkle in front of 10346 Moorpark Street in Toluca Lake (Getty Images, Zillow, iStock)
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
Ron Burkle lists Bob Hope’s former estate in Toluca Lake
From left: Adam Levine and Behati Prinsloo in front of 1700 San Remo Drive in Pacific Palisades (Getty Images, Redfin, iStock)
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
Adam Levine, Behati Prinsloo sell Pacific Palisades estate for $51M
Film producer Julia Lebedev with home on Birdview Avenue (Getty, Zillow)
Producer Julia Lebedev gets nearly $50M for Malibu manse
Producer Julia Lebedev gets nearly $50M for Malibu manse
Reese Witherspoon (Getty)
Reese Witherspoon sells Brentwood mansion for $21.5M
Reese Witherspoon sells Brentwood mansion for $21.5M
Lee Iacocca and 10614 Chalon Road in Bel Air (Getty, Compass)
Former Lee Iacocca estate in Bel-Air hits market
Former Lee Iacocca estate in Bel-Air hits market
Drake with the new property at 9904 Kip Dr in Beverley Hills (Hilton by Hyland, getty)
Drake secures $52.5M loan on Beverly Hills mansion
Drake secures $52.5M loan on Beverly Hills mansion
11677 - 11683 Goshen Avenue (Redfin)
Brentwood apartment building finds a buyer
Brentwood apartment building finds a buyer
arrow_forward_ios

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

Loading...