search LA homes
More Search Options

The longtime estate of veteran screenwriter Robert Towne, on almost three-quarters of an acre in the low-key but seriously ritzy Riviera neighborhood of Pacific Palisades, has popped back up for sale at $10.5 million. Property records show the Oscar winner, who penned cinematic treasures like “Chinatown” and “Shampoo” — not to mention a slew of Tom Cruise-starring blockbusters such as “Mission: Impossible” and “Mission: Impossible II” — purchased the circa 1926 English Tudor mansion in 1987 for $2.5 million. Our research reveals this is not the first time Mister Towne has attempted to sell his PacPal property; it was first listed in fall of 2011 at $14 million and last listed in early 2014 at $9.85 million.

THIS STORY FIRST APPEARED IN THE MARCH 31, 2015 ISSUE OF VARIETY. SUBSCRIBE TODAY.

Floor plans included with current marketing materials show the approximately 9,000-square-foot main house, which stretches a stately 125 feet from end to end, features elegantly proportioned reception rooms that include a grand foyer, a 32-foot living room with exposed wood ceiling, two sunrooms — one brick-floored, the other stone-floored, and a formal dining room. The up-to-date eat-in kitchen connects to an octagonal breakfast room as well as a staff bedroom with private bathroom. Upstairs, two en suite bedrooms plus a den are joined by a sprawling master suite comprising two entrances, two bedrooms, two balconies, two dressing rooms and two bathrooms. A separate and unusually spacious guesthouse accommodates a three-car garage, a capacious family room with massive stone fireplace, two more bedrooms, 2.5 bathrooms and an office. The fully landscaped and carefully maintained grounds include expansive brick and stone terraces, lush gardens, mature shade trees and a 25-meter lap swimming pool.

The Riviera ’hood has long been popular with Hollywood types — Sydney Pollack’s former home is just down the block from the Towne estate — and current homeowners in the area include Whoopi Goldberg, Steven Spielberg, Adam Sandler, Goldie Hawn and Kurt Russell plus fallen-from-showbiz-grace comedian Bill Cosby. The home is being listed by Nick Segal and Rick Ojeda with Partners Trust.

via Variety.

Property Picks