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Film producer eyes record-breaking sale

If sold for asking price, home could make Brentwood history

Tyler Hogan

Film producer Joel Silver has listed his home for sale at US$77.5 million. The Mexican modernist residence was designed by architect Ricardo Legorreta and completed in the early 2000s.

Coldwell Banker Residential Brokerage

Qualtrics co-founder Jared Smith paid a little over US$35 million for a newly built home.

Unlimited Style Real Estate Photography

The remodelled Mandeville Canyon home of actor Lea Michele is listed at US$3.15 million.

William Maccollum

Actor Heather Graham is asking US$2.85 million for her longtime home in the Hollywood Hills. The Spanish-style residence dates to 1927.

LOS ANGELES — Blockbuster film producer Joel Silver is looking for his second major home release in two years. After selling his Malibu estate last year for US$38 million, Silver has listed his Brentwood home for sale at US$77.5 million.

The bright-coloured and striking Mexican modernist residence was designed by architect Ricardo Legorreta.

Completed in the early 2000s, the roughly 26,000-square-foot house includes a circular atrium, a dining room topped with a pyramid-like ceiling and a 30-foot-high family room with hydraulic doors.

"It’s a unique architectural," said Hilton & Hyland agent Judy Feder, who is listing the property with Kurt Rappaport of Westside Estate Agency. "This was Legorreta’s best work."

Several of the outdoor areas were designed to be used as individual living spaces.

Stone walls and mature trees provide cover for a sunken basketball court.

Covered and uncovered patios surround the swimming pool, which has a lap area.

An English maze garden with an ornamental fountain at its centre lies elsewhere on the roughly five-acre property.

The listing has the potential to set a new benchmark for areas west of the 405 Freeway, Feder said.

In Brentwood and neighbouring pockets such as Pacific Palisades, past sales have yet to eclipse the US$40-million mark.

If the Silver estate sells for its asking price, it would be nearly double the Brentwood price record of US$40 million set in 2014 when NFL star Tom Brady sold his home to hip-hop mogul Dr. Dre.

Silver, 67, has been producing box office hits since the 1970s, including the Predator, Matrix, Die Hard and Lethal Weapon franchises. He is set to produce the upcoming Sherlock Holmes 3 film as well as the reboot of the 1976 science fiction film Logan’s Run.

IT’S NO DROP IN THE BUCKET

A waterfront Newport Beach mansion has sold to Qualtrics co-founder Jared Smith for a little over US$35 million, placing it among the most expensive residential property sales in city and Orange County history.

The 12,710-sq.-ft. Newport Harbor estate was listed for $44.995 million and sold in late August after a five-day escrow in an all-cash deal. The property has since been leased out for US$195,000 per month.

The sale price is about US$5 million shy of the previous Newport Beach record, set two years ago when a 12.5-acre estate in Newport Coast — considered the city’s largest private home parcel — sold for US$39,999,999. It’s also US$8,000 more than what actor Nicolas Cage sold his Newport Harbor home for in 2008.

Designed by Robert Sinclair and completed in 2018, the five-bedroom, eight-bathroom estate sits on three lots with 90 feet of frontage and a new private dock that can accommodate at least four vessels.

Inside, the multilevel house features about US$1 million worth of Riviera bronze doors and windows, two bars, two chef’s kitchens, a craft room, a gym and a theatre. A custom US$100,000 aquarium designed by Nic Tiemens anchors the great room.

Three Tesla batteries and solar panels keep the home powered during outages. A glass elevator services four levels.

Terraces, balconies and multiple covered patios create additional living space outdoors. A 57-foot-long swimming pool with underwater speakers sits between the home and the dock.

The exact sale price was US$35,008,000.

Jared Smith co-founded the enterprise software company Qualtrics with his brother, Ryan, in their parents’ basement in Utah, according to the Salt Lake Tribune.

The Provo, Utah-based company was acquired last year by German software company SAP for US$8 billion in cash.

A FLAIR FOR DRAMATIC IN BEVERLY HILLS

No one’s busier than RuPaul. Between filming his new daytime talk show and hosting another season of RuPaul’s Drag Race, the famous drag queen found time to shell out US$13.7 million for a European-style home in Beverly Hills. Spanning half an acre, the impressive estate holds a 10,000-sq.-ft. mansion, a swimming pool, spa and gazebo surrounded by lush landscaping.

Everything’s dramatic inside, starting with a voluminous two-storey, chandelier-topped foyer with splashes of marble and wrought iron. Past that, there’s a massive dining room with panelled walls and a chic kitchen with custom cabinetry and a rounded breakfast nook.

A media room, an office, a wine cellar and a pair of formal living spaces with parquet floors complete the main level. One living room boasts French doors and a fireplace. The other, wrapped in shades of burgundy, tacks on a wet bar.

Upstairs, a master suite under a tray ceiling expands to a bathroom with checkered floors and a balcony. It overlooks a lamp-lit backyard that carries the same elegant style as inside. In total, there are six bedrooms and eight bathrooms.

RuPaul, 58, boasts an impressive string of film and TV credits dating to the 1980s, and his reality competition show RuPaul’s Drag Race has won four Primetime Emmy Awards. He’s also released 12 studio albums, the most recent of which was 2018’s Christmas Party.

BOOGIEING ON OUT

OF HOLLYWOOD HILLS

After more than two decades, actor Heather Graham is ready for a change of scenery in the Hollywood Hills. Her Beachwood Canyon compound has hit the market for US$2.85 million.

That’s US$1.97 million more than the Boogie Nights actor paid for the property in 1998. She’s not the only notable name tied to the estate; according to the listing, novelist Zane Grey, author of Riders of the Purple Sage, was among its past residents.

Built in 1927, the Spanish-style home has been well preserved in the 92 years since. Past a rotunda entry, the floor plan features beamed ceilings, tile finishes, picture windows, arched doorways and bright splashes of colour across three stories of living space.

A two-storey living room with a sunny lounge serves as the focal point. Elsewhere, there’s a tile kitchen, dining room, wood-panelled library, brick wine cellar and colourful bonus room.

The master suite sits upstairs and opens to a private balcony overlooking the sloping grounds. A total of three bedrooms and 41/2 bathrooms lie within 2,150 sq. ft. of interior. Outside, tiered gardens descend the hillside, leading to a brick patio, swimming pool, spa and a pavilion with a fire pit. A bonus structure, which is currently used as a two-car garage, completes the scene.

A Hollywood staple since the ’80s, Graham scored roles in License to Drive and Drugstore Cowboy before more notable appearances in Boogie Nights, Twin Peaks, Austin Powers: The Spy Who Shagged Me and the Hangover franchise. More recently, the 49-year-old starred in Californication and Flaked.

GETTING IN TUNE WITH

THE MARKET

Actor-singer Lea Michele, known for her role as Rachel Barry on the musical television series Glee, has listed her Brentwood home of four years for sale at US$3.15 million. The upper Mandeville Canyon contemporary, built in the 1950s and since remodelled, sits on a little over half an acre on a private cul-de-sac with a swimming pool, an outdoor lounge, palm trees and fountains.

The 3,200 sq. ft. of living space has vaulted ceilings, walls of steel-framed windows, four bedrooms and four bathrooms. Custom built-ins frame a concrete fireplace in the living room. The chef’s kitchen centres on a marble island with a waterfall edge. A pivoting glass door leads to the backyard.

Views take in the surrounding hillside and canyon.

Michele, 33, got her start as a child actor on Broadway, appearing in productions of Les Miserables and Fiddler on the Roof, among others. The Emmy-nominated actor recently appeared in the ABC sitcom The Mayor as well as the Fox show Scream Queens.

As a singer, Michele has released two studio albums, most recently Places in 2017. Her Christmas album, Christmas in the City, is due out later this year.

— Los Angeles Times

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