If looking for a Disney timeshare, we may have a sale for you - Exclusive: The $90 Million Carolwood Estate Once Owned By Walt Disney - Disney Timeshare Sales


Exclusive: The $90 Million Carolwood Estate Once Owned By Walt Disney

8 views - published on June 9th, 2013 in Disney News tagged , , , ,

In 1949 Lillian Disney telephoned Harold Janss about purchasing a parcel of skill in his new subdivision. Janss, building on a work of his father-in-law Arthur Letts Sr., was building a vast tract of Los Angeles land called Holmby Hills. Soon after, Lillian and her  Hollywood father Walt acquired a parcel on Carolwood Drive and built their dream home.

In a new estate’s backyard Walt Disney built a one-eighth-scale steam railroad, desirous by a ones his company’s animators (Ward Kimball and Ollie Johnston) had implemented on their possess properties. He erected a standalone stable housing a control room and forged out a half-mile value of lane including overpasses, a 46-foot-long stand and an s-shaped subterranean hovel dark underneath his wife’s flower beds. The sight would famously come to be famous as a Carolwood Pacific Railroad and it would offer as partial of a impulse to emanate Disneyland, a initial of his eponymous thesis parks.

Now, some-more than 6 decades after a Disney family laid explain to a property, a ruins of that Carolwood Pacific Railroad are adult for grabs. The former Disney estate, now famous as a Carolwood Estate, is on a market. The central seeking price: $90 million.

Inside Los Angeles’ $90 Million Disney Estate

The Carolwood Estate’s stream owners is Gabriel Brener, arch executive of private investment firm Brener International Group and co-owner of a Houston Dynamo soccer team. He  purchased a skill from a Disney estate for $8.45 million in 1998, a year after Lillian Disney’s death. Brener razed a strange house, reportedly full with asbestos, and erected a code new 35,000-square feet  mansion in 2001. He also acquired a lot subsequent door, adding some-more acreage.

Encompassing scarcely 4 acres of land, a (new) home touts 8 bedrooms, 17 baths, a two-story opening foyer, and staff quarters. Outrageous amenities embody a tradition film room, 3 bars, a library, a gym, a booze attic and dual protected rooms. The drift exaggerate a swimming pool with pool house, a tennis court, and a putting green.  Tucked behind gates and high hedges, a estate sits totally dark from a neighbors, versed with a confidence complement designed by luminary confidence guru Gavin de Becker.

But while Disney’s strange dream home no longer stands, artifacts from his reign still stock a premises. Most notably, the 90-foot subterraneous hovel remains, tucked discreetly among coiffed landscaping. It’s opening is noted by an ivy-covered tiny mill archway with a date “1950″ — a year a tyrannise began handling — etched on it. (The stable and lane have given been relocated to Los Angeles’ Griffith Park, while a sight itself stands on arrangement in San Francisco during the Walt Disney Family Museum.)

“This is a true, loyal clarification of a prize property,” gushes Mauricio Umansky, arch executive of The Agency, a Los Angeles-area oppulance realty firm. Umansky represents a home with dual co-listing agents: Jay Harris Harris of The Agency and Ron de Salvo of  Coldwell Banker Previews International in Beverly Hills.

He says a address, a enviable acreage, a turn of privacy, a peculiarity of construction and a abounding story all minister to a prize status.

The $90 million cost tab is formed off of a handful of other Los Angeles-area prize homes in a area. Namely: Fleur de Lys, a 35,000-square feet castle that has bounced on and off a marketplace seeking $125 million given 2009; a Weber Mansion, a former Hilton estate that Gary Winnick purchased for some-more than $90 million in 2000 (and is reportedly accessible for $225 million); and a Spelling Mansion, that billionaire heiress Petra Ecclestone snapped adult for $85 million in 2011. He also points to a Knoll Knoll, a Beverly Hills estate purchased by Eric Smidt for more than $40 million in 2005. The energy collection titan tore down a existent home to erect a some-more intemperate headquarters for that construction, joined with sales price, is rumored to be upwards of $100 million.

The Carolwood Estate strictly came to marketplace in Oct of 2012, after being shopped around unofficially as a supposed pocket inventory in 2011. It stays absent from a Multiple Listing Services and while a home has a listing page on The Agency’s site, conjunction a cost tab nor images (save one photo) have been accessible to a public. The group is deliberating a skill publicly now for a initial time in an disdainful talk with FORBES.

“It’s a really special skill that isn’t going to sell quietly, though we try to marketplace it as sensitively as probable and gripping it off a MLS is one of a tactics,” says co-listing representative Harris, executive of a estates multiplication during The Agency.

The brokers contend a skill could interest to both domestic and general buyers, many particularly rich Russians, Saudis and Brits.  Earlier this year rumors flush that Tamara Ecclestone, billionaire heiress to a Formula One empire, was meddlesome in a property, that is located on a same travel as her sister Petra’s 56,500-square feet mega mansion.

“When people buy into L.A. genuine estate, generally on this magnitude, it’s good to have a tie to Hollywood and this area of Holmby Hills was and still is a who’s who of Hollywood,” asserts Harris.

Indeed. Holmby Hills sits to a west of Beverly Hills and a south of Bel Air, comprising one-third of what is mostly referred to as a disdainful Platinum Triangle of Los Angeles. An enviable register of A-list celebrities have called Holmby Hills home, both past and present. Among them: Hugh Hefner, Michael Jackson, Frank Sinatra, Marilyn Monroe, Gregory Peck, Barbara Streisand, and Bing Crosby. Carolwood Drive privately peddles some of a priciest genuine estate in a country, including a Owlwood Estate (once home to Sonny and Cher, Jayne Mansfield, and Tony Curtis) that’s rumored to sensitively be seeking $150 million and a Manor purchased by Ecclestone in 2011. Not to be forgotten, Suzanne Saperstein’s $125 million Fleur de Lys estate sits directly opposite a travel from Carolwood Estate.

Now to see if a brokers can work some of that Disney magic.