Weekly Top Ten Real Estate Hot List Tue: 08-21-2012
It finally sold! It’s a great property in artsy Venice, California that went on the market in July of 2010 with a listing price of $6.25 million. Only four months later it underwent a price reduction down to $4.799 million and finally down to $3.2 million and still nothing happened. It was time to do something.
They pulled it off the market and had it completely redone by the architect Brian Murphy, who originally designed the sweeping, open main house where Dennis lived surrounded by his voluminous art collection. He was also an avid photographer and artist in addition to being a successful actor. His house was more of an art gallery than a traditional home, awash with light and the industrial influence of an artist loft.
The property is made up of four separate parcels with three 2-story condos designed by Frank Gehry, so it can also be an income producing property for the new owners. There is also a 100-year-old guest house and a lap pool nestled in a lush yard with tropical landscaping.
Considering the redo of what was already a stunning main home, a guest house, pool and income producing property in one of our favorite locations, someone just purchased a wonderfully diverse and attractive complex designed by two very well-known architects.
Easy Rider star's modern home was designed around the actor's extensive art collection. Was not an “Easy” sale. Sold for $5 million.