Historic c.1935 Chartwell Estate in L.A. Reduced to $195M, Prev. $350M (PHOTOS)

Historic c.1935 Chartwell Estate in L.A. Reduced to $195M, Prev. $350M

875 Nimes Road, Los Angeles, California, United States, 90077

Spectacular in every way, Los Angeles, California’s historic Chartwell Estate is making headlines as it’s just been reduced to $195 million $245 million. Yes, reduced. The historic c.1935 mansion was previously on the market in 2017 for $350 million, exceeding other high profile homes by at least $100 million. Petra Ecclestone’s newly modernized Spelling Manor seems like chump change at $160 million $175 million and a 38,000 square foot spec mansion seems like a steal after it was reduced to $150 million $188 million from $250 million. However, you’re getting much more than a house here, you’re buying a piece of history. The sprawling 25,000 square foot French Neoclassical mansion was designed by architect Sumner Spaulding in the early 1930s and was finished c.1935 for civil engineer Lynn Atkinson. The property was later purchased by Jerry Perenchio in the 1980s, who hired architect Henri Samuel to restore and renovate the historic home. Finished in symmetrical cut limestone, the residence spans more than 25,000 square feet with 11 bedrooms and 18 bathrooms, and includes rooms such as a ballroom, panelled dining hall, formal salon, wine cellar and a car gallery with space for 40 vehicles. The property measures 10.39 acres and comes complete with a Wallace Neff designed five bedroom guest house, a 75 foot pool with large pool house, tennis court, spectacular gardens befitting a château in France and sweeping panoramic views of downtown Los Angeles and the Pacific Ocean. The mansion also famously portrayed the Clampett familly mansion in the 1960s sitcom The Beverly Hillbillies. The Chartwell Estate is on the market for $195 million $245 million with Jade Mills. The agent announced the price reduction on her Instagram page.


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