A lot as he’s executed in enterprise, Elon Musk seems to be blazing his personal path when it comes to shopping for and promoting homes. After itemizing all six of his Bel Air estates earlier this 12 months to a lot fanfare, the Tesla and SpaceX tycoon is proving the naysayers improper, slowly however absolutely unloading every of the properties.
4 months in the past, Musk offered his largest Bel Air mansion to Chinese language billionaire “William” Ding Lei for $29 million in money. Now information reveal he’s unloaded a second home, the former Gene Wilder property, for precisely $7 million in one other off-market deal. That’s $250,000 greater than he paid for the property in 2013, a revenue that rapidly evaporates as soon as taxes and 7 years of maintenance prices are factored into the equation.
Apparently, the new proprietor is an LLC whose sole supervisor is Elizabeth Hunter, a Hollywood screenwriter and TV producer (“Empire,” “Charmed,” “The L Phrase”) who has lengthy lived in L.A.’s Silver Lake neighborhood. And since 2015, Hunter has been married to filmmaker Jordan Walker-Pearlman, a nephew of Gene Wilder.
What plans Hunter and Walker-Pearlman have for the low-slung residence aren’t but clear, however Musk made headlines when he tweeted, again in Could, that the home “can’t be torn down,” an announcement that absolutely discouraged native builders eying the prime parcel, which sports activities direct views of the Bel Air Nation Membership golf greens.
Musk was feeling beneficiant towards Hunter and Walker-Pearlman, too. Data recommend he lent them as a lot as $6.7 million to finance the Wilder home buy.
The Bel Air lot spans .78-acre and encompasses a roughly 2,800-square-foot, shingle-sided ranch home initially inbuilt 1951. Although the property has been up to date since Wilder owned the place — the late “Willy Wonka” actor offered it in 2007 — it retains a lot of the authentic design’s spirit. There are 5 bedrooms and 4.5 baths, plus a non-public visitor cottage and a kidney-shaped swimming pool on the premises, that are securely gated for privateness. The home itself is invisible from the road, hidden behind a dense wall of tall privet hedges and overgrown ivy.
Musk himself by no means truly occupied the Wilder property as his own residence; fairly, the property was used as an ultra-exclusive non-public college codenamed AdAstra for his youngsters and the youngsters of a choose group of high SpaceX and Tesla staff.
For the time being, Musk continues to personal 4 different Bel Air properties he’d like to promote, every one executed up in wildly divergent architectural types and ranging in value from about $5 million to properly north of $20 million. The occasional Twitter troll has mentioned he plans to hire his subsequent Los Angeles residence, although information present his longtime girlfriend — celeb musician Grimes — continues to personal a snazzily renovated home in Pasadena, out in L.A.’s San Gabriel Valley.