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Sold
$12,000,000

3099 MANDEVILLE CANYON ROAD, LOS ANGELES, CA

Los Angeles, CA 90049
$12,000,000

3099 MANDEVILLE CANYON ROAD, LOS ANGELES, CA Los Angeles, CA 90049

Description

An anonymous buyer from Chicago just purchased the 112-acre Robert Taylor Ranch in Mandeville Canyon for $12 million at a live auction on Friday at the property.

The live auction took place on the property, and according to The LA Times, included 12 bidders at the 34-room, 11,700-square-foot sprawling estate. After guests “wined and dined under a canopy on the lawn”, the sale of the property commenced, “conducted by Concierge Auctions of New York in cooperation with Hilton & Hyland”.


The grounds feature rolling lawns, wooded hillsides, a casino and a remodeled estate previously owned by actor Robert Taylor, who passed away in 1969. Founder of Los Angeles radio station KROQ, Ken Roberts, purchased the home in the 1970s for $900,000 and put it on the market in 1990 for $45 million and subsequently dropped the price to $35 million but got no buyers. The home was eventually owned by a trust, and The LA Times says, that trust subsequently decided to put the property up for auction to the highest bidder.

Built in 1950, the home was designed by Robert Byrd and includes seven bedrooms, 17 and a half bathrooms, a 10-car garage, stables and a tennis court, according to LA Curbed.

A statement from Concierge Auctions said, “more than 7,000 interested parties from all 50 states and 97 other countries checked out the property online in the month before the auction. About 760 potential buyers expressed interest.”

Details

Property Type:Residential
Address:3099 MANDEVILLE CANYON ROAD
City:Los Angeles
State:CA
Zip Code:90049
Price: $12,000,000
Status:sold
Year Built:1950
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Disclaimer

© 2019. The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Listing courtesy of Dustin Cumming from Hilton & Hyland . Last updated Wednesday, February 20th, 2019.

Cumming & Biesel
Luxury Real Estate
257 North Canon Drive
Beverly Hills, CA 90210
310-492-0740
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Cumming & Beisel

257 North Canon Drive
Beverly Hills, CA 90210

310-492-0740

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