As Seen in Forbes: California Estate with Ties to Hollywood Cuts Price to $82M

The modern Beverly Hills compound with Hollywood in its DNA recently reduced its asking price to $82.5 million.

Recently featured in Forbes, The Foothill Estate is settled within a pantheon of magnificent LA homes. Idyllically located on over 3 acres of lush land, the modern and eco-friendly hilltop estate was once home to the legendary studio executive Lew Wasserman and his wife Edie. Newly constructed in 2016, the estate is made up of three lots over a 3.2-acre parcel, part of this previously owned by Frank Sinatra. The 18,500-square-foot home is currently owned by Lew and Edie Wasserman’s grandson and head of the Olympic Committee for LA in 2028, Casey Wasserman and his wife, Laura.

The strikingly modern home was designed by architects Richard Meier and Michel Paladino, who are most known for their design of The Getty Museum in Los Angeles. The home includes an abundance of natural wood, light-colored stone walls, five spacious bedrooms, professionally equipped gym, and entertainment deck featuring an 85-foot infinity pool. 

The Foothill Estate was originally listed for $125 in 2018 and has since undergone several price reductions. The home is listed by Stephen Shapiro, Co-Founder of Westside Estate Agency. 

Click here to read the full article in Forbes. Placement secured by the Leverage PR Team.