Beverly Hillbillies Mansion sold for record amount

[mattl]

After the Brady house sold, now the BH house sold for a record amount  $150 million, most of any California home.

 

If you read the article it states the 20,000 sq ft. "house" has 11 rooms - I hope that meant bedrooms.  It also has a 40 car garage...

Lachlan Murdoch Purchases 'Beverly Hillbillies' Mansion for Record Price

The Clampett Mansion has sold for roughly $150 million—

fortune.com

 

[daveamkrayoguy]

Next thing you know it will be the Drysdale’s mansion (which in one episode Pat Boone bought)...

— Dave

 

[bradfordwhite]

Beat out the recent sale of the Aaron and Candy Spelling manse in July.

I'm truly amazed at the prices of real estate in California. And not just for luxury homes. "crap-shacks" going for $600K is not unusual.

 

[rp2813]

My buddy and I were just talking tonight about the ridiculous level of wealth among the 1% types, and how it has gotten to the point where if you only have Millions, you don't rate.  These days extreme wealth is measured in Billions.  Needless to say, something is very wrong with a system that promotes such an imbalance and has continuously provided new ways for the obscenely wealthy to avoid taxes and further build their fortunes since the early '80s.   Meanwhile, a huge portion of the population in this country can't afford medical care let alone a roof over their heads.  This isn't sustainable and at some point the downtrodden and overtaxed are going to revolt.

 

As for the Clampett estate, what happened to the circular drive where Mr. Drysdale and Miss Hathaway would pull up at the door?  Was that a Studio City contrivance or something?

 

 

 

[askolover]

That's a sin against God

 

[arbilab]

Rented what I'd call a fishing shack in Milpitas (Sannazay) 1989.  Sweeping tire dust from the freeway just over the wall off the porch every day.  Paying 73% of the full original purchase price/year.  $13,000 house "worth" over a million now.  Absurd. 

 

CA realestate market lacks adult supervision.

 

[DADoES]

 
<blockquote>CA realestate market lacks adult supervision.</blockquote> Lotta things and situations are as such nowadays.

 

[daveamkrayoguy]

Easily citing that rich and 99% poor, take a look at my not so disposable income equivalent in washing machine collecting in that it will be my daughter's inherited debt, as she came out to say (my records and CD's outgrowing their tiny cavern and my modest budget, that I'm speaking of)...

The gaffes that studio city contrived on Clampett's property seemed necessary to do, vs. what you're probably actually getting, in that in addition to the necessary driveway design could also have been done with the "seement pond" (swimming pool) along with other frequently-viewed venues on the show vs. the actual structure where the show was taking place...

Think something like the Brady Bunch house, of which a lot of what really wasn't on the show had been exposed...

All in all, only viewed in real life by a privileged few...

-- Dave

 

[vacerator]

great collection Dave; TV shows of the 70's-80's, et

an old friend has, or had over 4,000 vinyl Lp's. It's the nice little things in life which often give us the most pleasure. Yes, the LA area prices are out of sight, but the demand is one factor, from climate, location, and proximity to Hollywood. Some would tell me I'm a negative person for being critical of that real estate market. There were always the super wealthy. few are self made today.
One such developer long deseaced actually did build housing in Coney Island NY for working lower, and middle income people. His son couldn't be bothered. He went for the wealthy investors and buyers, but thetas where the most profit marging was. Casinos were loss leaders, offsetting income taxes. of course the rest of us paid for the bankruptcies in banking charges, court costs, etc. because the lenders were also left holding the defaulted debt to a tune of at least 300 million U.S. dollars. Now thats also a sin, i.m.h.opinion.
I forget how much the Spellings spent to build it, but Mr. Spelling cut the budget in mid design. It was going to be even larger. It may have been sold by Candy for a rather small appreciation value than the cost. Not sure, but the young ehress of the race car driver only in her early 30's piad it. Candy was a bit upset when she heard the new owner had painted out all the mahogany judges panelling in the library, etc. black. They lived in an 1800 sq. ft. home in the Bevery Hills flats prior to. Now we all did way better in the 70's, and TV was in it's golden age so to speak, so it did also. Companies which advertised on the major 3 networks were paying big money, and if a show had good enough ratings, ran several seasons. So with initial income for writing, and royalties following, thats how they could afford it. They both acknowledged that the TV veiwers made it possible. Aaron was originally from Dallas Texas, and Candy was born and raised in the flats, I think. His first wife was Carolyn Jones (Morticia Adams). Candy had not been married before. He used to go out and greet the tourists in person when the busses came to see the Manor.

 

[petek]

Also included on the property is the former home of Ronald and Nancy Reagan.?

 

[vacerator]

Did they also reside there Pete?

The property was the original Bing Crosby home.

 

[petek]

I don't know hence the question mark. The article is poorly written to begin with like where it says 11 rooms , 5 in the guesthouse or something.. So that big house only has 6 rooms? If they were talking bedrooms, then say bedrooms LOL.

 

[rp2813]

Agreed, Pete.  Journalism has lost what remained of its professionalism over the past couple of decades.  I regularly see sloppiness in my daily paper that would not have been tolerated/overlooked in years past.  Don't even get me started on how low the bar is with local TV news. 

 

The only things I remember about the Reagan home are 1) It was in Bel Air, not Beverly Hills (which would place the Clampett house in Bel Air), and 2) Its address was/is 666 (I've forgotten the street name).  Enough said (see paragraph one of my post above).

 

[twintubdexter]

<span style="font-size: 14pt; color: #008000;">The Reagan home I remember seeing was in Pacific Palisades. This was his house when he was a spokesperson for General Electric. I remember reading that it had something like 250 circuit breakers. I'm sure the gas meter reader just walked on by.</span>

 

[countryguy]

Ralph,

If you look closely at the pic, you can see the circular (or more rectangular) shaped driveway...there are trees running alongside.

Gary

 

[bradfordwhite]

Yes, as Gary stated, the driveway to the B.H. manse is certainly still there.
Though the house was gutted and the floorplan, not the exterior walls, were drastically changed.

One of the investors, I think it was in the 80s, also expanded the acreage of the property by buying one or two of the neighboring estates to create almost a mini subdivision on the gated property.

It's defin. a trophy property. If some Arab investor bought it just for the sake of an investment, and doesn't plan to live in it or rent it, I would not be surprised.

 

[bradfordwhite]

Back to the cul-de-sac

Even on more modest price points, if you consider $1 mill. for a 1/3 acre parcel modest.
One of the original Knots Landing show homes in the north hills of the valley sold two years ago for $850K and is estimated to be worth about 100K more now.

It wouldn't be difficult to spend that mill a couple blocks away on another cul-de-sac home built in 1958 and certainly not as large or nice. In fact it's a hoarder house and will require a lot of work.

Like I said before, I just can't believe these prices. The stats don't lie though.

 

[rp2813]

Thanks guys, I see the squared off driveway now.

 

In picture #2 above I see a slice of St. Cloud Rd.  I'm pretty sure that 666 St. Cloud was the Reagans' address.   I don't know exactly when they moved there but am thinking it was after he termed out of the presidency.

 

Re: the Granada Hills home, it is a steal compared to what things go for locally, where $1.5M will get you a 1955-60 tract home in 3/2 format with less than 1,300 sq. ft. on a 5,000-6,000 sq. ft. lot, and it may need some work.

 

 

 

[bradfordwhite]

The Reagan's rental home

I remember in 89 when the Reagan's moved back to CA. and there was the hoopla/news stories about how friends either bought it for them, or bought it and rented it to them.

It's actually a contemporary (for the time) styled home.

I don't know that it's part of the B.H. estate package, though it is right next door to the East and sold recently.

If you're interested in knowing ALL the addresses they lived at during their life, here's an interesting site.

Residences of Ronald W. Reagan

Residences of Ronald W. Reagan. Early Years - Illinois DatesStreet AddressCity, StateStoryFebruary 6, 1911-May 1911111 Main StreetTampico, ILRonald Reagan was born in a second-floor apartment in this building. Sources disagree on whether the first floor was a bakery, restaurant, or a bar at the...

www.reaganlibrary.gov