A 2-acre estate in Pacific Palisades has found a buyer after almost eight months on the market.
The seller is David Segel, who founded hedge fund Mako in London and is a partner in Los Angeles-based film production company Mpower Pictures. Smith did not return an email requesting the identity of the buyer.
Segel has lived at the 14100 Rustic Lane house for more than a decade. The house last changed hands for $13.1 million in 2008, according to Zillow.
Ron Smith of Smith & Berg Partners at Compass recently changed the status to sale pending for 14100 Rustic Lane. Redfin said a sale has been pending since March 25. The last asking price was $29.9 million.
The property features 8,162-square-feet of living space spread over a main house, a guest house and a pool house. Described as a Hamptons-style estate, the living spaces include high-beamed ceilings and wood floors.
Other features of the main house include a formal dining room, two living rooms, a library, a media room, as well as a chef’s kitchen with a marble island.
The grounds of the estate feature sprawling lawns, a rose garden with more than 100 varieties of English roses, an apple orchard, citrus trees, as well as a kitchen garden that produces seasonal vegetables, fruits and herbs. There’s also a pool, spa and bocce ball court.