Owlwood Estate: This Famous Holmby Hills Property Is Back On The Market And $65 Million Cheaper

If you've been waiting for the right time to get your hands on Owlwood Estate, the illustrious Hollywood property that's belonged to such notable show business figures like Tony Curtis and Sonny & Cher, that time may be now, as the home has recently been put back on the market with a reported $65 million price cut.

That puts Owlwood's current asking price at $115 million, granted, that's still a bargain compared to what Variety calls the "rather ridiculous" $180 million it was listed at a couple of years ago.

At any price, the Owlwood Estate is a pretty impressive property. It spans ten acres of land, with the centerpiece being the 12,200-square-foot main house, designed by architect Robert D. Farquhar and built in 1936. If you recognize Farquhar's name, it's likely because he's also the architect behind such notable projects as the Pentagon in Washington DC, according to the Los Angeles Times, and he was at the peak of his powers when he drew up the plans to Owlwood. The mansion has nine bedrooms and ten bathrooms, and has been used in recent years for events like a brunch before the Grammy Awards, bringing attention to its grand entrance hall and immaculately maintained historical detail.

But the mansion has a private side, too, with genuine secret passageways, purportedly for purposes of service and maintenance. Then, in the backyard, you'll find a tennis court and plenty of what the property's official listing calls "Verdant rolling lawns," as well as the obligatory Hollywood swimming pool.

Now, the search begins for the property's next owner, who if history is any indication, will be a major power player of some kind – if, for no other reason than you pretty much have to have $115 million to spend. For your part, you can take a look at the property in the video below from Sally Forster Jones: