David Zander Purchases 4-Acre Estate In Los Angeles From Bradley And Colleen Bell For $57M

The property at 391 N Carolwood Dr is a single-family estate located in the Los Angeles market, encompassing 6 acres of land. The sale price for the property totaled $86 million, reflecting the high value of the asset. The estate features distinct parcels, with the larger parcel including the main house sold for $57 million to David Zander, a TV and film producer, while a smaller parcel with a circa-1911 cabin was sold for $29 million to Nick Kaiser, co-founder of Marlin Equity Partners.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $86,000,000
• Buyer: David Zander
• Buyer’s Representative: Nick Kaiser - Marlin Equity Partners
• Seller: Bradley Bell & Colleen Bell
• Brokers: Ben Bacal - Revel Real Estate; Drew Fenton - Carolwood Estates
• Parcel Breakdown: Main house on larger 4-acre parcel; small parcel with cabin
• Previous Purchase Price: $6.25 million in 1992

The deal involved notable individuals including seller Bradley Bell, an executive producer of “The Bold and the Beautiful,” and Colleen Bell. David Zander is recognized for his enthusiasm for historic real estate, having previously engaged in the renovation and sale of iconic properties such as Lasata, the childhood summer estate of Jacqueline Kennedy Onassis.