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Beverly Hills Mansion Once Owned by Warner Bros. Co-Founder Sells for $27.25 Million
Sentiment: NeutralHigh Priority
What Happened?
A historic Beverly Hills mansion, previously owned by Warner Bros. co-founder Harry Warner, has sold for $27.25 million after being listed for nearly a decade. The property was restored to maintain its Old Hollywood charm.
Key points
- The mansion was first listed for $39.99 million in 2016.
- It features hand-carved oak, leaded-glass windows, and a guesthouse associated with Marilyn Monroe.
- The estate spans approximately 1.1 acres with around 12,000 square feet of living space.
- Architect Paul R. Williams designed the mansion, blending French Country and Tudor styles.
- The property includes a swimming pool, tennis court, and landscaped gardens.
- The final sale price was significantly lower than the original asking price.
Key insights
- The mansion's sale price indicates a shift in the luxury real estate market.
- Restoration efforts highlight the value placed on preserving historical architecture.
- The property's Hollywood connections may enhance its appeal to future buyers.
Why it matters
The sale reflects the ongoing interest in historic properties in Beverly Hills.
Tags
Entities
Harry Warner· PersonWarner Bros.· OrganizationBeverly Hills· CityDaphna Ziman· PersonPaul R. Williams· PersonMarilyn Monroe· Person
Source
Times of India
