Times of India·2 min read·medium

Michael Mann's Hollywood Hills Villa sells for $3.5M after 2 years on market

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TOI REAL ESTATE DESK
Michael Mann's Hollywood Hills Villa sells for $3.5M after 2 years on market
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A Hollywood Hills villa formerly owned by filmmaker Michael Mann has sold for $3.5 million after two years on the market. The property is noted for its Mediterranean architecture and a unique hidden screening room.

Why it matters

High-end real estate transactions involving celebrity-owned properties often reflect broader trends in the luxury housing market.

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Perched above the Sunset Strip, Villa Hillside has spent the past two years moving in and out of the Los Angeles luxury market, with its asking price repeatedly changing along the way. The 3,002-square-foot Hollywood Hills residence, once owned by filmmaker Michael Mann, has now found a buyer for $3.5 million, closing another chapter in the property's unusually eventful sales history, states an online report by California Luxury Homes. Built in 1929, the four-bedroom, four-bathroom home sits across two contiguous parcels totaling roughly 11,700 square feet. Its combination of Mediterranean-inspired architecture, mature landscaping and sweeping views gives it a distinctly secluded character despite its location minutes from some of Los Angeles' busiest neighborhoods, states the report.A Hollywood pedigree of its ownMann, known for films including Heat, Collateral, Miami Vice and Ferrari, was the property's original owner, according to its marketing materials.

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