La Belle Vie, the mammoth Bel-Air residence built in 1993 for Iris Cantor by her husband, Bernard Gerald Cantor, has sold for $40 million, public records show.
The mansion had been marketed for $53 million since 2009. It was designed to house the Cantors' extensive art collections. The 35,000 square feet of living space include a three-story entry hall, a formal library, a media room, a gym, a billiards room, a beauty salon, three kitchens, 12 fireplaces, nine bedrooms, 21 bathrooms and a staff wing. There is a pool, a tennis court and a 10-car garage.
Iris Cantor is chairman and president of the Iris and B. Gerald Cantor Foundation, which supports the visual arts and medical, educational and cultural institutions. B. Gerald Cantor, who died in 1996 at 79, founded the securities firm Cantor Fitzgerald.
Ron de Salvo of Coldwell Banker, Beverly Hills, was the listing agent, according to the Multiple Listing Service.Copyright © 2014, Los Angeles Times