Jason Blum Drops $14.three Million on Frank Gehry-Designed Modernist Extravaganza

Spread the love

Academy Award-nominated producer Jason Blum is the fashionable horror style’s most profitable and prolific filmmaker, along with his eponymous Blumhouse Productions having launched the extremely worthwhile “Insidious,” “Paranormal Exercise,” and “The Purge” film franchises, to not point out ludicrously profitable standalone thrillers like “Whiplash,” “Sinister,” and the 2018 remake of “Halloween.” Simply two of his movies alone — 2016’s “Break up” and 2017’s “Get Out” — have grossed greater than $500 million on the field workplace, launched on a mixed price range of simply $13.5 million.

That kind of success has beget Blum’s frenzied acquisition of trophy actual property. Although the auteur already owns at the least three different lavish houses, he’s now paid $14.three million for one of many extra idiosyncratic properties on L.A.’s Westside: a modernist compound tucked into rustic Santa Monica Canyon. Gated and secured by an elaborate alarm system, the property is wondrously secluded, sited on the very finish of an extended cul-de-sac and behind an extended driveway. It’s additionally bought a singular, only-in-L.A. kind of pedigree.

Within the late 1970s, filmmaker John Whitney engaged Pritzker Prize-winning architect Frank Gehry to design him a residential compound that consisted of a sequence of separate however visually associated buildings. The completed mission, accomplished in 1981, was one in all Gehry’s earliest works and have become recognized — considerably unimaginatively — because the John Whitney Residence, or alternatively as Home for a Filmmaker.

By the late ’80s, Whitney had bored with the hassles that got here from residing in a chopped-up home. He engaged architect Mark Mack to provide Gehry’s mission a radical rework, which mixed the previously separate buildings into one giant mansion with a vaguely Streamline Moderne look.

For the reason that rework, the home has bought a number of occasions. Earlier than Blum’s huge buy, the newest deal went down in 2005, when the home was acquired for $4.55 million by outstanding and politically-influential businessman Keith Brackpool.

In 2009, Brackpool paid one other $2.2 million to accumulate the modest property instantly subsequent door, which consisted of a two-bedroom midcentury fashionable residence. He subsequently rebuilt the midcentury as a country guesthouse  and mixed the 2 tons into one fortified compound.

And again in fall 2018, Brackpool put the complete one-acre property available on the market with a heady $18.5 million asking worth. But it surely didn’t promote for a full 1.5 years, till Blum got here alongside and snapped it up at a major low cost. Nonetheless, the sale ranks as one in all 2020’s greatest Westside actual property transactions.

Described within the itemizing as “nothing in need of transportive,” the verdantly-landscaped compound provides towering native sycamore timber and a round motorcourt lined with crunchy pea gravel. Contained in the greenhouse-like predominant home, daylight filters in by quite a few skylights, imbuing the place with a museum-like vibe that’s solely enhanced by the double-height gallery. Lengthy hallways and polished concrete flooring are in all places, and among the extra notable facilities embrace a prepare dinner’s kitchen swaddled in cobalt blue cabinetry, an out of doors movie show with firepit and a main bedroom with canyon views.

In distinction to the sleekly fashionable predominant mansion, the woodsy guesthouse is extra akin to an elegant treehouse, and comprises a wraparound deck overlooking a jazzed-up placing inexperienced space, one other full kitchen with middle island, a fireplace-equipped front room and large health club.

One of many property’s borders is shared with a pure creek, which gurgles down a ravine and serves as residence to hundreds of croaking frogs and burping toads that every one mix to offer a wonderful symphony at night time. However regardless of the property’s secluded really feel, it’s nonetheless solely a brief, breezy stroll to the Pacific Ocean — to not point out beautiful native eating places like Giorgio Baldi and outlets on the Palisades Village scene.

Along with his new $14.three million digs in Santa Monica, Blum nonetheless owns at the least $26 million in different luxurious actual property. Two years in the past, he paid $9.5 million for a large historic mansion in Hancock Park’s guard-gated Fremont Place enclave, and he nonetheless has a $6.Four million penthouse rental at Downtown L.A.’s unique Ritz-Carlton Residences. And final yr, he amped up one other $10 million for a recent townhouse on a very good road in New York’s Brooklyn neighborhood.

Cindy Ambuehl of Compass and Blair Chang of The Company held the itemizing; Eric Lavey of The Company repped Blum.

Leave a Reply

Specify Twitter Consumer Key and Secret in Super Socializer > Social Login section in admin panel for Twitter Login to work

Your email address will not be published. Required fields are marked *