In Los Feliz, a Hearst heiresss estate asks $21.5 | Real Estate news

A Spanish Colonial-style mansion tucked in the hills of Los Feliz just hit the market for $21.5 million. If it will get its price, it might be among the neighborhood’s priciest gross sales ever.

It’s owned by Lydia Hearst, great-granddaughter of newspaper magnate William Randolph Hearst, and her husband, actor-comedian Chris Hardwick.

Sales north of $20 million are usually reserved for the tony enclaves west of the 101 Freeway — Beverly Hills, Bel-Air, Brentwood — but there’s a precedent for blockbuster offers in Los Feliz. Hearst and Hardwick set the neighborhood price file when they purchased the home a decade in the past for $11 million, and that file has been topped by a number of gross sales, including ones involving Angelina Jolie, who purchased the famed DeMille estate for $24.5 million in 2017, and Brad Pitt, who offered his Craftsman compound two years in the past for $39 million.

Named the Victor Rossetti Residence after the banker it was constructed for in the Nineteen Twenties, the home was designed by Paul R. Williams, the prolific, trailblazing architect whose architectural imprint will be seen across Southern California, including the Beverly Hills Hotel and the futuristic Theme Building at LAX.

Here, Williams deployed coffered ceilings, decorative ironwork, stained-glass home windows and colourful tile across two tales and almost 9,000 sq. ft. In addition to 10 bedrooms and 11.5 loos, there’s a wood-paneled library, wine cellar, pub and hidden bookshelf door that leads to the decrease degree.

Outside, the one-acre grounds boast a garden, koi pond, citrus grove, swimming pool, pool home and guesthouse.

Sharon Hills of Rodeo Realty holds the itemizing.

Over the years, the Hearst clan has laid declare to some of California’s most spectacular estates. In addition to the Hearst Castle, William Randolph Hearst’s grand showplace in San Simeon, the writer also owned a Beverly Hills mansion recognized as the Hearst Estate, as properly as a 100-room compound on the sand in Santa Monica, which is now recognized as the Annenberg Community Beach House.