[Update November 30, 2015]: This property was purchased by Tina Drew, the mother of Jessica Simpson, on June 25, 2015 for $5,770,000.
|Gibbons image courtesy IMDB|
|Images courtesy Coldwell Banker Previews International|
The home was owned by a who's who of Hollywood stars including:
The home measures 7 Beds/8 Baths on 8,522 sqft on a total lot size of 2.17 acres built in 1935. This property has had a lot of turnover as evidenced above and was first listed by Gibbons back on September 27, 2012 for $6.5 million discussed on the blog. The original sale to Gibbons which was not known at the time was also discussed on this blog. The current listing description can be found below:
The Al Jolson Estate. Exceptional property situated on over 2 acres of flat park-like grounds complete with apx. 8,500 sq. ft. main house, detached full guesthouse, resort-style pool, & various patios & amazing outdoor areas allowing great space for grand entertaining. Private, walled & gated, a long driveway leads through impeccable landscaping & beautifully manicured lawns to the spacious motorcourt. Originally built in 1935, this home has been fabulously restored & offers a wonderful combination of Old Hollywood charm & modern luxuries. Formal entry to large living room with fireplace, family room with bar, formal dining room, gorgeous lanai, & fantastic gourmet kitchen with adjoining butler's pantry & breakfast area. The entire second floor houses the opulent master suite, which features a sitting room, dual over-sized custom closets, & dual spa-like baths. Additional features include an office, screening room with bar, gym, & wine cellar. Truly a spectacular property.Gibbons purchased this property from Broadway, Film, and TV producer Michael Jacobs for $5.2 million who sold at more than $1 million loss. With the current asking price, Gibbons stands to earn $795K not including expenses.
You can view more Celeb R.E. here