Bette Davis’ former Laguna Beach manse sees $3M price chop

5.4K sf oceanfront home returns to market at $17M

Los Angeles /
Dec.December 28, 2021 12:30 PM
Bette Davis’ former home in Laguna Beach at 1991 Ocean Way (Zillow, Getty Images)

A $3 million price chop might help Bette Davis’ former Laguna Beach home finally sell.

Canadian investment manager Richard Wernham has put the 5,472-square-foot home at 1991 Ocean Way on the market for $16.995 million, according to Dirt.

Wernham first put the home up for sale in April with an asking price of $19.995 million. The house was then re-listed in July for $18.995 million.

The oceanfront mansion, built in 1929, was added to the National Register of Historic Places in 1982. Being a historic home, the property comes with a 10-year Mills Act contract that allows homeowners to receive reduced property taxes in exchange for preserving the home.

The home was originally owned by Charles Prisk, a newspaper mogul who owned the Pasadena Star-News and the Long Beach Press-Telegram.

Davis bought the property in 1947 and lived there for three years, a period of time when her career was in full flourish amid a run that totaled 10 nominations for Academy Awards in the Best Actress category, with two wins. The letter “D” still appears on a stained-glass crest and on a chimney, according to John Cain of Pacific Sotheby’s International Realty, who has the listing.

Wernham bought the property for $13.5 million in 2004.

The home has been updated with modern rooms, including eight bedrooms, a wine cellar and a mirrored gym.

The former Davis property is not the only home in the prestigious coastal city to see price reductions in recent months.

This month, a 1998-built home in Laguna Beach sold for $37.5 million after it was first put on the market in July for $48.9 million, in what was the third-priciest deal across Orange County this year.





    Related Articles

    arrow_forward_ios
    Michael Shabani of Crown Equity and 9240 Robin Drive (Getty Images, Opendoor)
    Michael Shabani tops bidding for Bird Streets mansion
    Michael Shabani tops bidding for Bird Streets mansion
    No joke: ‘Funny Girl’ estate hits market for $58M
    No joke: ‘Funny Girl’ estate hits market for $58M
    No joke: ‘Funny Girl’ estate hits market for $58M
    John Kocinski, a one-time Grand Prix motorcycle racer turned real estate developer, in front of 9240 Robin Drive (Getty Images, Redfin, iStock/Illustration by Steven Dilakian for The Real Deal)
    Flag is up on auction of Hollywood Hills mansion
    Flag is up on auction of Hollywood Hills mansion
    Record SoCal homes prices on tight supply
    Record SoCal homes prices on tight supply
    Record SoCal homes prices on tight supply
    27930 Pacific Coast Highway (Zillow,iStock)
    Metro Networks founder cuts $30M off Malibu getaway
    Metro Networks founder cuts $30M off Malibu getaway
    Mauricio Umansky and Kyle Richards with home in Bel Air (The Agency, Getty)
    Mauricio Umansky sells Bel Air home for $6M
    Mauricio Umansky sells Bel Air home for $6M
    Ashton Kutcher And Mila Kunis Sell Hidden Valley Home For $10M (Getty Images, Zillow)
    Ashton, Mila net $10M for Beverly Hills estate
    Ashton, Mila net $10M for Beverly Hills estate
    A rendering of 10130-10136 Adella Avenue and Newport Ventures’ Dave Mossman and Kemp Bros. Construction's Greg Solaas (LinkedIn, Kemp Bros., CBRE)
    South Gate lot entitled for 78 resi units up for sale
    South Gate lot entitled for 78 resi units up for sale
    arrow_forward_ios

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

    Loading...