Moby bought Hollywood’s Wolf’s Lair for $3.925m, later sold it for $12.4m
Musician Moby purchased the historic 'Wolf's Lair' estate in the Hollywood Hills for $3.925 million in 2010 and sold it for $12.4 million four years later. The property is noted for its unique castle-like architecture and its long-standing history in the Hollywood area.
Why it matters
The transaction serves as a notable example of high-end real estate appreciation and the preservation of historic properties in Los Angeles.
American musician Moby bought a castle-like property in the Hollywood Hills for $3.925 million in 2010 and sold it four years later for $12.4 million. The property, known as Wolf’s Lair, was built in 1927 and stands on 3.3 acres of land above Lake Hollywood in Los Angeles. Its unusual architecture, location and views of some of the city's best-known landmarks made it a distinctive property.Moby, whose real name is Richard Melville Hall, is a DJ, singer and songwriter. According to Los Angeles Times, he purchased the estate from Jay Faires of Lionsgate Entertainment and Debbie Matenopoulos, a former co-host of the television programme The View. The purchase gave him ownership of a property that had been part of the Hollywood Hills for more than eight decades.During his ownership, Moby restored the estate while retaining its original architectural character and period details.
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