A nearly 10,000-square-foot mansion owned by veteran TV producer David Salzman has debuted on the market for almost $23 million, or $2,306 per square foot, The Real Deal has learned.
Based on more than half an acre, the home is located at 702 North Sierra Drive in the Beverly Hills Flats enclave.
It was the site of a fundraiser for the Al Gore presidential campaign in 1999. Quincy Jones was a frequent guest, as well as financier Michael Milken, said Jade Mills of Coldwell Banker Realty. She is co-listing the home with Drew Fenton of Carolwood Estates and Ari Afshar of Compass.
Salzman’s successful career in television included serving as president for Lorimar-Telepictures which produced the shows “Dallas” and “Falcon Crest.” At Quincy Jones-David Salzman Entertainment, Salzman produced sitcoms such as “The Fresh Prince of Bel Air.”
Salzman and his wife are moving to downsize. In the past 30 years, they remodeled some parts of the home, such as the kitchen, Mills said. The eight-bedroom, eight-bathroom home also features a basement, a tennis court, a guest house and grounds with 150 trees.
Mills said the market for mansions still generates activity despite headwinds. “The upper end of the market is OK; it is still moving,” she added.
The last time that 702 North Sierra was on the market dates back to 1993 when Salzman bought the three-level home off-market for an undisclosed price.