Niche marketer and philanthropist Kelly Stone, who founded Planet Hope with her sister, actress Sharon Stone, has put her compound in Sherman Oaks on the market at $4.25 million.
A gated house, built in 1946, was purchased by band leader Ray Anthony in 1952 for $40,000, according to Los Angeles Times archives. That's the equivalent of $347,298 in 2012 dollars, according to the Bureau of Labor Statistics' CPI inflation calculator. "Anthony will use the dwelling just during the two months of the year that he is in California," The Times reported.
The two-story house features high ceilings, a wine cellar, an office and a gym. There are six bedrooms, eight bathrooms and 7,000 square feet of living space. The half-acre site includes separate bungalow, a guest house above the garages, parking for 10 cars and a swimming pool at the foot of a wide brick staircase.
Kelly Stone established Scene Again in the mid-'90s as a boutique product placement company. Planet Hope provides services to homeless, abused or disadvantaged children and their families worldwide.
Judy Feder and Kelly Kerrigan of Hilton & Hyland are the listing agents.Copyright © 2014, Los Angeles Times