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9361 Farralone Ave
For Sale $7,995,000 ($979.66 per Sq Ft)
$7,995,000 ($979.66 per Sq Ft)
- 7 Bedrooms
- 9.00 Bathrooms
- 8,161 Sq Ft
- 591,763 Sq Ft
Description
This property has been mis-marketed for years. Yes, it is a ground-breaking Mid Century modern designed by America's iconic architect William Pereria. Yes, it was owned by Frank Sinatra and was the playground for Hollywood's elite. Yes, there is Tentative Tract Map approval for eleven separate parcels and can be developed as a very special guard-gated community. Yes, it is zoned for Equestrian and Agriculture (think Vineyard!). And yes, it is indeed America's most filmed private location and does indeed historically generate between $750,000 - $1,200,000 annually with a "who's who" of Hollywood productions. Every Studio, every Production Designer, and every Location Manager know about this fabled property. While this listing has been over-priced for the past thirteen years, under new Ownership, it finally is ready to sell, for the right fair market value. This property has been grossly under-utilized to maximize its income potential. The recent HERMES "Red" party vividly demonstrates the dynamic opportunity. Corporate retreats, curated gourmet chef events, or even Air BnB rentals can juice the yield to this crown jewel to enviable recurring revenue stream. New ownership indicates a new approach to a realistic sale. Come see for yourself. Sale includes two APN's: 2727-021-021 and 2727-021-022, also known as 9361 & 9363 Farralone Avenues. 022 currently includes the main residence, 021 includes the guest house and approved 11 parcels.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $7,995,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 8,161 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2727021022 |
| MLS # | 24436580 |
| Property ID | 283956909 |
| Lot Sqft | 591,763 |
| Zoning | LAA1 |
| Days on Market | 125 |
| Original List Price | $7,995,000 |
| Date Updated | December 17, 2024 |
| Date Created | September 06, 2024 |
Listing Provided By
Craig Knizek an agent of The Agency. Lic #01377932
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