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Stewart Penn - Your Los Angeles Real Estate Connection

By Stewart Penn | Broker in West Hollywood, CA
  • Diane Keaton Lists at A Loss

    Posted Under: Celebrity Homes in Los Angeles  |  May 5, 2010 9:27 PM  |  305 views  |  No comments

    Actress Diane Keaton (well known for her interest in restoring architecturally significant properties) is selling her property at 14148 W Sunset Blvd in the Pacific Palisades area of Los Angeles.

    The property has been listed for $8.5 Million which indicates Keaton will be selling at a loss: she purchased the 1950's Lloyd Wright designed home in February 2007 for $9.1 Million.

    The MLS listing describes the house as "an exceptional restoration of what was historically the "Alfred Newman Estate" by Architect Lloyd Wright".

    The actress has also re listed her house at 820 N Roxbury Drive in Beverly Hills for $10,950,000.

    She bought the house back in 2007 for $8.1 Million and worked with designers to restore the property.

    The home, which was featured in Architectural Digest, was listed For Sale in 2009 for $12,995,000 and even though it was reduced to $11,495,000, it never sold.

    There seems to be a fair amount of activity on Roxbury Drive right now with the immediate neighbor's house on the market for $12 Million and two other homes down the block being offered for $8.6 Million and $7.5 Million respectively.

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