The late Microsoft co-founder Paul Allen is making lots of real estate news this week! After word that his hilltop perch of dirt traded hands for $65 million, word is that his former Beverly Hills estate has also sold.
The property hit the market three years after his death last summer for an impressive $55.525 million. Allen spent $10 million on the property in 1997, before embarking on an epic overhaul and customization process.
The L.A. Times now reports that the residence has sold for considerably less, though still impressive, at $45 million.
The 1920s Spanish-hacienda style main house and neighboring structures now boast incredible upgrades and features, including a glass funicular, glass-and-steel recording studio, movie theatre, gourmet kitchen, gym, massage room and detached private office. The main residence includes five bedrooms and four-and-a-half baths, while the accompanying guest houses and staff quarters pick up another five bedrooms and eight bathrooms.
The grounds also include some incredible outdoor entertaining spaces, including a championship-size tennis court and pool.
Kurt Rappaport of Westside Estate Agency held the listing.