Weekly Top Ten Real Estate Hot List Tue: 1-2-2013
Of all the Reagan houses, whether owned, rented or temporarily “borrowed”, this home in Pacific Palisades certainly holds more interest when it comes to his personal history. We all know Reagan as a film star, a governor and president, but there was so much more to his life and career that is not known unless one has read his autobiography.
Ronald Reagan was entranced by views. Where some people feel warm and fuzzy being surrounded by mountains deep in a valley, Reagan wanted to be up high where he could overlook a good view. This was evidenced in the homes he built, first with Jane Wyman and later with Nancy Davis, whom he married in 1952.
When the quality of film scripts he was offered began lacking at the time, Reagan decided to look into television. In 1954 he became host of General Electric Theater. The weekly program began generating larger and larger audiences that made it as popular as 1950’s TV hits such as Arthur Godfrey and Jack Benny, and even acquired a larger TV audience than Gunsmoke.
With this success, GE began using Reagan as a spokesperson for the company in a political message about the government’s regulations cracking down on the free enterprise system. Since these messages were so well received, in 1957 GE rewarded Reagan with a state-of-the-art, all-electric house with every imaginable electrical convenience, including the newly conceived garbage disposal.
Ronald and Nancy helped design the house with architect William Stephenson. It was a 4,764 square foot, 4 bedroom, 4 bath ranch with grand views extending from the Getty Center to the ocean from all the main rooms. This mid-century modern ranch has huge, glass-walled rooms, vaulted ceilings, den with wet bar, octagonal swimming pool and great open spaces for entertaining.
This was the home where on November 4, 1980, Ronald Reagan received the call from President Jimmy Carter conceding the election and to congratulate him on his landslide victory in becoming the 40th President of the United States.
The Reagans sprawling mid-century ranch-style home priced at $4,999,000.