Double Cher

Holmby Hills estate owned variously by Sonny and Cher and Tony Curtis for sale for double what it sold for in 2016

 

A 12,201 square foot mansion on 10.1 acres in Holmby Hills, Los Angeles is on sale for £136 million or double the sum it sold for just a year ago.

 

Featuring 9 bedrooms and 10 bathrooms, ‘The Owlwood Estate’ or more simply 141 South Carolwood Drive is described as “easily one of the city’s most iconic and historically significant properties.” Built in 1937 to the designs of Robert D. Farquhar in a “classic European Italian Renaissance” style, the estate was owned by Tony Curtis and Sonny Bono and Cher in the 1960s and has also been home to Joe Schenck, the first president of United Artists and a chairman of 20th Century Fox.

 

 

Now offered with designs for redevelopment by Bob Shapiro, the head of Sturmer Pippin Investments and CEO of Woodbridge Luxury Homes, the property offered also includes a sunken tennis court, a swimming pool and two guest houses.

 

Adam Rosenfeld of Mercer Vine is the realtor handling the sale.

 

The Owlwood Estate – The Numbers

 

July 2017 – Placed on the market for £136 million ($180 million, €153 million or درهم661 million).

 

September 2016 – Sold for £68 million ($90 million, €76 million or درهم331 million) to developer Bob Shapiro.

 

July 2012 – Placed on the market for £114 million ($150 million, €127 million or درهم551 million) by Dawn Arnall, “the widow of subprime mortgage profiteer Roland Arnall.”

 

2002 – Sold for £25 million ($33 million, €28 million or درهم121 million).

 

1999 – Listed for sale for £44 million ($58 million, €49 million or دره213 million) by Ghazi Aita complete with an adjacent property.

 

1978 – Sold to a “shadowy businessman” named Ghazi Aita for £3.2 million ($4.2 million, €3.6 million or درهم15 million).

 

1970 – Sold to Sonny and Cher for £568,000 ($750,000, €636,000 or درهم2.8 million).

 

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8 COMMENTS

  1. As a property professional, I would say the current asking price of £11,146 psf is far too ambitious. Even in London, the £7,000 psf achieved for One Hyde Park is now considered excessive and Holmby Hills, Los Angeles does not have the same cache. The right order would be around £5,000 psf or £61 million I would suggest in the current market – a loss for the current owner sadly.

    • As a Property Professional I think Yolanda is not quite all there.
      I think it utterly gorgeous and I am sure one of your clients would simply adore it.

  2. You are a disgrace to be writing this and also that article about Rolf Harris yesterday. Rolf was CLEARED of one charge and now the doubt about the other convictions can only grow. Put it right or face the consequences ——– SCUM publication!

    • Ok Rolf could be innocent, Read this, let it take a moment to sink into your thick scull, then give us all a break, and go away. As you say, he was cleared of ONE charge, sorry Not cleared, just an unsafe conviction. It certainly doesn’t put the other 11 CONVICTIONS into any doubt.

      FAILED: Rolf Harris spent £200,000 in a bid to quash his convictions and return home to Oz
      “Rolf is furious with how this has turned out”
      A legal source close to Harris
      “Rolf has been told this is the end of the line. His lawyers have done all they can and there is now nowhere for him to go.

      “He spent an awful lot of money just to have one conviction overturned, but his reputation is in ruins.

      “Despite that, Rolf is so arrogant that he’s decided to ‘go back to the drawing board’ and have yet another go at clearing his name.

      “None of us understands what this might involve.” The source added: “Rolf cannot accept his guilt. In his mind, he is innocent.

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