2.15 Acre Holmby Hills Estate Built for late Paramount Pictures CEO Brad Grey Lists for $77.5M

320 N Carolwood Drive, Los Angeles, California, United States, 90077

A property with ties to American singer Frank Sinatra has hit the market on Holmby Hills’ prestigious Carolwood Drive for $77,500,000. The 2.15 acre estate was previously home to Frank Sinatra’s 8,631 square foot Mediterranean residence which came on the market in 2010 for the first time in 50 years.  It had been listed for $22,500,000 before selling for $18,500,000 to the late Brad Grey, former CEO of Paramount Pictures. According Curbed LA, Grey held a wedding at the home before relisting it as a teardown for $19,995,000. Property records reveal it sat on the market throughout 2012 and 2013 and was developed into what we see today sometime after 2016. Grey passed away in early 2017.  Sinatra purchased the home in 1948 for $250,000 according to The Hollywood Reporter. Today, the 2.15 acre estate includes a 13,890 square foot home designed by architect Howard Backen and Atelier AM with landscape design by Miranda Brooks. Blending nature and design into a seamless interior/exterior connection, the home includes steel & glass panelled doors that disappear to create open spaces. A voluminous living room transforms into a studio quality theater while a wooded barn-like great room includes an open kitchen, dining area and large family & sun room. There are 5 bedrooms, 8 full & 4 bathrooms throughout, including a luxurious master suite with his & her bathrooms and views toward Century City. Additional features of the property include a center courtyard, outdoor dining areas, a fruit orchard and vegetable garden as well as a two-storey recreation facility with twin gyms, a cold plunge pool, steam room and sauna. The property is on the market for $77,500,000 with Hilton & Hyland.

See a tour of the original property below.