Lee Iacocca’s longtime Bel-Air estate sells for $27.7 million

The longtime home of Lee Iacocca, the late car visionary who produced the Ford Mustang and saved the Chrysler Corp. from personal bankruptcy, just traded hands in Bel-Air for $27.7 million.

Iacocca lived in the home for nearly a few a long time, entertaining friends these types of as Frank Sinatra and Ronald Reagan, just before he died in 2019. His daughter marketed the estate a yr later for $19.5 million to Lilly Ghalichi, a actuality Television set star who appeared in the Bravo display “Shahs of Sunset.”

The sale marks a brief and productive flip for Ghalichi. She and her partner, Dara Mir, renovated the interiors for the duration of their two-year remain in advance of listing it for $32 million in April and landing an supply less than a thirty day period later.

Italianate in fashion, the mansion is hidden at the rear of gates at the close of a extensive, tree-lined driveway in the vicinity of Hotel Bel-Air. 4 columns body the entry, which qualified prospects to a grand foyer with double-peak ceilings.

The 10,700-square-foot flooring strategy also holds six bedrooms, seven bogs and a handful of official areas this sort of as a wood-paneled den and temperature-managed wine space. Second-story balconies neglect the landscaped grounds full with a swimming pool and tennis courtroom on above an acre.

Tyrone McKillen and Andrew Hurley of Compass held the listing. Ginger Glass and Christopher Cortazzo, also with Compass, represented the buyer.

if (doc.getElementById('facebook-jssdk') === null) const js = doc.createElement('script') js.id = 'facebook-jssdk' js.src="https://link.fb.web/en_US/sdk.js" js.async = correct js.setAttribute('crossorigin', 'anonymous') window.setTimeout(function () document.head.appendChild(js) , 1500)

Sharing is caring!

Facebook Comments

Leave a Reply