Hot Property: Tyra Banks, model home flipper
Supermodel, television host and celebrity home-flipper Tyra Banks has bought a Pacific Palisades home for a little over $3 million.
The 1949 traditional house, which has been owned by the same family for 70 years, is in the Bluffs area and in need of a makeover.
Banks, who in recent years has bought and sold a number of homes in the area, plans to do the same with this property following a major renovation. The four-bedroom, two-bathroom house will be transformed by the runway queen into a farmhouse-inspired beach cottage.
Set on a 6,300-square-foot lot, the single-story house is approached through a gated front patio. Within more than 1,600 square feet of interior are mosaic parquet wood floors, formal living and dining rooms, a sunroom and a den with a rock-wall fireplace.
Sliding glass doors open to the landscaped backyard, where there’s a covered brick patio.
Banks, 45, beat out interest from well-heeled developers and others to land the property, which hit the market in May for $2.849 million and received multiple offers. It is her fifth purchase in the area over the last two years.
The budding real estate mogul began her career as a model before expanding into acting. She is the creator of “America’s Next Top Model,” which wrapped up its 24th season last year.
This year, she made her third appearance on the cover of Sports Illustrated’s annual swimsuit issue.
Steven Moritz and Natasha Lahera of Sotheby’s International Realty were the listing agents. Heidi Lake, also of Sotheby’s, represented Banks in the deal.
Parting with their good place
Ted Danson of “The Good Place” and his wife, actress Mary Steenburgen, have sold their scenic retreat in Ojai for $8.75 million.
Set behind gates on nine acres of grounds, the board and batten-clad farmhouse was built in 1941 for two concert pianists. Two decades ago, talk-show host Ellen DeGeneres owned the property.
About 4,400 square feet of living space includes beamed-ceiling living and dining rooms, an updated kitchen and an office. A total of four bedrooms and four bathrooms includes a pair of master suites.
A two-bedroom guesthouse with a kitchen was added to the property during Danson and Steenburgen’s ownership. Designed by Chantal Dussouchaud of Atelier de Chantal, the detached structure features oak floors and walls of built-in bookshelves. A small lofted area creates additional space.
Elsewhere on the property is a detached recording studio with a sound booth, a sauna, a swimming pool, a bocce ball court and an old tin barn used for al fresco dining. An orchard is filled with a variety of fruit trees, and a fenced garden features raised beds.
The property originally came up for sale in early 2018 for $11.5 million. Danson and Steenburgen bought the home through a trust in 2005 for $4.5 million.
Danson, 71, is known for his role as Sam Malone on the 1980s sitcom “Cheers.” Among his other TV credits are the series “CSI: Crime Scene Investigation,” “Fargo” and “Damages.”
Steenburgen, 66, won an Oscar for her supporting role as Lynda Dummar in the 1980 film “Melvin and Howard.” She appears on the sitcom “The Last Man on Earth.”
Patty Waltcher of Coldwell Banker Property Shoppe was the listing agent. Waltcher also represented the buyer.
A case closed in Malibu
Actor Stephen Dorff, fresh off his run on HBO’s “True Detective,” has wrapped up some business away from the screen. He’s sold his Malibu home of more than a decade for $7.5 million.
Set on 40 feet of oceanfront on La Costa Beach, the Midcentury Modern-style house was designed by post-and-beam masters Buff & Hensman and completed in 1968.
Clad in cedar shingles and dark-stained wood, the two-story features a beach-facing balcony and decking that runs the length of the home. Floor-to-ceiling windows bring panoramic ocean views inside, and a staircase leads to the beach below.
The three-bedroom, three-bathroom house has about 2,400 square feet of living space, a two-story entry and a galley-style kitchen. The dining area adjoins a step-down living room, which has a fireplace. The master suite sits lofted above the common areas.
There is a two-car garage and a gated front driveway.
Dorff, 45, is known for his breakout role in the 1992 film drama “The Power of One,” in which he starred opposite Morgan Freeman and Fay Masterson. His other film credits include “Blade” (1998) and “Immortals” (2011).
Earlier this year, the actor reportedly inked a deal to star in the upcoming Fox police drama “Deputy.”
F. Ron Smith and Robert Morton of Compass’ Smith & Berg team held the listing.
A magical lakeside kingdom
A Toluca Lake home with ties to Roy E. Disney, the late nephew of Walt Disney and former chairman of Disney animation, and generations of other Hollywood talents has come on the market at $4.995 million.
Owned by Disney’s widow, Leslie DeMeuse Disney, the lakeside house is accessed through a gated courtyard entry filled with olive trees. Inside, the home features a beamed-ceiling living room, a center-island kitchen, three bedrooms, 2.5 bathrooms and an elevator. Picture windows in the sunroom take in views of the lake.
Upstairs, the multiroom master suite has a sitting room, a custom walk-in closet and a skylight-topped bathroom. There’s also an office.
Outside, box hedges frame a tiered backyard made up of patios, decking, a built-in barbecue and a dipping pool. A private boat dock and an electric Duffy boat complete the setting.
Disney bought the property in 2006 for $3.5 million. Actor Boris Karloff and Oscar-winning composer Erich Korngold are among other former residents.
Disney, who died in 2009 at 79, began his career working on nature films, including the Academy Award-winning true-life adventure features “The Living Desert” and “The Vanishing.” As chairman of Disney animation, he ushered in a new wave of animated classics and box-office successes that included “The Little Mermaid,” “The Lion King” and “Aladdin.”
He was the executive producer of “Fantasia/2000,” the sequel to the 1940 classic.
Jennifer Hughes of Bulldog Realtors holds the listing.
Finding relief in the market
San Diego Padres Hall of Fame reliever Trevor Hoffman has closed a deal in Rancho Santa Fe, selling his home of nearly two decades for $3.575 million.
Hoffman, who ranks No. 2 on the all-time major league saves list, had asked about $3.75 million for the property, which hit the market in February. He paid $2.685 million for the house in 2002.
Set on more than an acre in a guard-gated community, the estate centers on a Spanish-style home with six bedrooms, 5.25 bathrooms and about 8,300 square feet of living space.
Built in the 1990s, the house features a formal entry that opens to the living and dining rooms. A center-island kitchen sits off the living room area. Other amenities include a custom wine cellar, a theater and a billiards room with a wet bar. There’s also a gym.
Sliding glass doors open to a covered patio with beamed ceilings and a fireplace feature. Nearby is a custom swimming pool with a rock spa, a fire pit, a tennis court and a batting cage. Tall palms and mature trees dot the landscaped grounds.
Hoffman, 51, played the majority of his career with the Padres and had stints with the Marlins and Brewers. A native of California, he was inducted into the Baseball Hall of Fame last year.
Marco Martelli and Garrett Green of Joseph Martelli Real Estate Investments were the listing agents. Liza Kay of 92130 Realty represented the buyer.
neal.leitereg@latimes.com | Twitter: @LATHotProperty
