Soon after he and his wife bought the property, Walt encircled the home and yard with half a mile of track. A miniature stone archway inscribed with the year 1950, as well as the 90-foot railroad tunnel through the arch, are the remnants of Walt Disney’s legendary scale-model backyard railroad. real estate, especially on this magnitude, it’s nice to have a tie to Hollywood, and this area of Holmby Hills was and still is the who’s who of Hollywood.”Īnd a couple of Disney artifacts do remain. Harris agreed, telling Forbes: “When people buy into L.A. He represented the home along with Jay Harris of The Agency and Ron de Salvo of Coldwell Banker Previews International in Beverly Hills. “This is a true, true definition of a trophy property,” Mauricio Umansky, chief executive of L.A.’s luxury realty The Agency, told Forbes last year. The price almost certainly owes at least a bit to the Disney history, even though the house was bulldozed. The Carolwood Pacific emerges from the 90-foot tunnel dug to preserve Lillian Disney’s flowerbeds. At $16 million less, the sale still ranks among the 5 most expensive home sales this year, according to Zillow Blog.
The asking price for the home - never publicly listed - was $90 million. The home that Brener built in its place, in 2001, has 8 bedrooms and 17 baths in 35,000 square feet spread over three levels.Īnd it just sold for $74 million, the Wall Street Journal reports. Instead, “Brener discovered to his disappointment that the house wasn’t suitable to live in due to lead pipes, asbestos, and other issues common to construction in the early 1950s,” the same newsletter reported much later. At the time, a newsletter from a local Disney-related organization said that “the new owners wish to raise their young children in the home of Walt Disney.”
In 1998, investor Gabriel Brener bought the home for about $8.5 million.
It would be their final home together he died in 1966, and she died in their home in late 1997. They engaged architect James Dolena to build them a 17-room split-level home of about 5,500 square feet. Back in 1949, Walt Disney and his wife, Lillian, bought 5 acres in Los Angeles’ tony Holmby Hills neighborhood on Carolwood Drive.
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