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Iconic Bel-Air Estate Belonging to Billionaire Gary Winnick Hits the Market for $195M

Iconic Bel-Air Estate Belonging to Billionaire Gary Winnick Hits the Market for $195M
Traded Media
by Traded MediaShare

Casa Encantada, an iconic estate synonymous with old Hollywood glamour, has returned to the market with a listing price of $195 million. This storied mansion continues to represent the pinnacle of luxury real estate.

Architectural Masterpiece

Commissioned in the late 1930s by a wealthy widow, Casa Encantada is a 40,000-square-foot mansion that skillfully blends Georgian and Modernist architectural styles. The renowned architect James E. Dolena brought this vision to life. Over the years, the estate has been owned by influential figures, including hotel magnate Conrad Hilton and agricultural mogul David Murdock.

With $250 Million Ask, A Storied Bel-Air Estate Becomes America's Priciest  Home - WSJ

A Legacy Restored

The most recent owner, the late telecom tycoon Gary Winnick, embarked on a meticulous restoration to preserve and enhance the mansion's enchanting qualities. The estate's interiors, bathed in natural light, are complemented by the sprawling grounds that extend over eight acres. These grounds, adjacent to the Bel-Air Country Club, feature formal rose gardens, tropical groves, and numerous recreational amenities, including tennis courts and a swimming pool.

An Emblem of a Bygone Era

A Late Billionaire's Historic L.A. House Gets $55 Million Price Cut

Casa Encantada is more than a luxurious property; it is a symbol of California's gilded age and a testament to a bygone era of opulence. As one of Bel-Air's original trophy estates, its historical significance and provenance are unparalleled.

A Rare Opportunity

As spring breathes new life into Bel-Air, Casa Encantada awaits a new owner who values heritage as much as luxury real estate. Such opportunities to own a piece of history are exceedingly rare, making this a once-in-a-lifetime chance for discerning buyers.

Published: June 5, 2024

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