Frank Sinatra's Iconic LA 'Party House' Drops to $8.9M from $21.5M

Nestled high above the San Fernando Valley, the midcentury-modern haven that served as Frank Sinatra's retreat for eight years is now on the market for $8.9 million—a substantial reduction from its $21.5 million price tag in 2021.

Hollywood Legends and Contemporary Glamour

This architectural gem, known as Farralone, witnessed the glamorous escapades of Hollywood icons like Frank Sinatra and Lucille Ball. Built between 1949 and 1951 by the renowned architect William Pereira, with a young Frank Gehry as his apprentice, the property has hosted countless A-list events and served as the backdrop for productions such as "Mad Men," "Californication," and music videos by Miley Cyrus and Usher.

Architectural Marvel with Hollywood Pedigree

William Pereira's unique vision, paired with the artistic touch of Frank Gehry, resulted in a 6,661-square-foot masterpiece on just over 4 acres. Boasting 16-foot-high ceilings and moveable glass walls—an avant-garde feature for its time—the residence, named Farralone for being "far away" and "alone," stands as a testament to midcentury luxury and innovation.

The Enchantment Within: A Closer Look

The magical allure of this home lies in its original zebra cork flooring, spacious parlors, formal dining room, and an eat-in chef’s kitchen. Designed as a "party house," it has been a magnet for celebrities over the years, hosting Rat Pack gatherings, celebrity poker games, and musical legends like Paul McCartney. Additionally, the property includes 9.5 acres with a smaller home and a pool, known as JFK and Marilyn Monroe's secret hideaway, available for sale separately.

The Opportunity of a Lifetime

Listed by Jeff Biebuyck and Dana Olmes of Frontgate Real Estate, this property offers not just a home but a piece of Hollywood history. With its storied past, architectural significance, and a substantial price adjustment, this is an opportunity for those seeking a touch of glamour in the heart of LA.