Home Once Owned by “Price is Right” Host Bob Barker on Market

Carolwood Estates’ Zac Mostame thinks the price is just right for a buyer of the historic Outpost Estates residence once owned by Bob Barker.

The former home of the TV host of CBS’s game show “The Price is Right,” located at 1851 Outpost Drive in the Hollywood Hills, came back on the market last week with a $7.4 million ask, equating to $1,252 per square foot.

It’s Mostame’s first time listing the 1929-built Spanish Colonial Revival, but it’s not the first time the property’s looking to snag a buyer.

It first went up for sale last June for $8.2 million, which was an over 100 percent jump from when the property last traded the previous year for $3.8 million. The asking price was later reduced to $7.8 million before being taken off the market in October, according to listing sites.

1851 Outpost Drive in Los Angeles (Christopher Amitrano)

Mostame said after a relatively quiet 2025, he’s seeing signs of “activity picking up” and expects the property to trade before the summer now that buyers are back from their holiday travels.

The big jump in pricing from when the home last sold to London interior designer Julia Dempster is due to the extensive renovation it underwent. Dempster sought to retain the 1920s Spanish influence with the home’s original arched doorways, stained glass windows and hand-painted ceilings, according to Mostame.

It sits on nearly a third of an acre and has six bedrooms and seven bathrooms across 5,906 square feet.

The residence was made a Los Angeles Historic-Cultural Monument in 1999, not only for its Spanish Colonial Revival architecture, but its high-profile ownership lineage. That most recently came with Barker’s purchase of the property in 1969. However, it was also once owned by former Los Angeles Times Publisher Harrison Gray Otis and later Charles Toberman, who is credited with building out Hollywood via developments such as the Hollywood Bowl, Grauman’s Chinese Theatre, El Capitan Theatre and the Roosevelt Hotel among other landmarks.

Toberman is also the developer of the Outpost Estates neighborhood, an exclusive community of less than 500 homes known for its Spanish and Mediterranean designs. It’s bordered by Mulholland Drive and Runyon Canyon.