Beverly Hills’ New Principal Resident
VICTORIA PRINCIPAL and her husband, Dr. Harry Glassman, have purchased a country-style house in Beverly Hills. The asking price was about $2.95 million.
The actress, probably best known for her long-running role as Pamela Ewing on the television series “Dallas,” and her spouse, a plastic surgeon, had been living off Benedict Canyon, in the Beverly Hills Post Office area.
A local couple sold the home, which was described as being a 5,000-square-foot-plus house on two-thirds of an acre.
The house was built in the 1940s by the late architect Gerald R. Colcord.
Colcord was well known for designing beautiful fireplaces, wood detailing and thick doors. He created this home to resemble a Connecticut house with lots of stone on its exterior.
Stephen Shapiro, a partner of Stan Herman & Associates, represented both parties in the deal but wouldn’t comment on the transaction.
LEO DAMIAN, who plays the romantic lead opposite Bo Derek in “Ghosts Can’t Do It” (expected to be released in October) and who recently returned from the Philippines where he filmed “Narco Dollars,” is calling it a wrap on a 6,400-square-foot Malibu house he helped design and build.
It’s just in time, too, because he will get married Saturday to Australian actress Jane Destree. The wedding will be held at his parents’ Pasadena estate.
“I bought the lot (on Malibu Road) a couple of years ago, but it took a year to get the house designed to our liking, then another year to build it,” he said.
Damian, whose parents were born in Italy, imported lots of Carrera marble for the floors and countertops “because we want the classic Roman look,” he said. “Since we plan to live there year-round, we wanted everything to have a solid, permanent feel rather than summer-rental chic.”
Damian is no stranger to construction, as his family builds hotels and office buildings throughout Southern California.
“The Home Show,” seen weekdays at 10 a.m. on KABC-TV, bought a duplex in Los Feliz through Mike Glickman Realty for $380,000, and 13 weeks later, after the implementation of renovation ideas faxed in from viewers, it was appraised at $525,000, says Patti McTeague, a spokeswoman for the show. (It’s now listed for that amount with Patti Potter and Loree Elvis of Mike Glickman’s Brentwood office.)
Sally Marshall and Kitty Bartholomew used viewers’ suggestions to decorate and remodel the duplex. According to producer Woody Fraser, the show teaches inexpensive do-it-yourself techniques, from simple plumbing to carpentry.
HIDDEN VALLEY RANCH, home of the original Hidden Valley salad dressing, was sold last week.
The 62-acre ranch, in San Marcos Pass near Santa Barbara, was being used as a Zen Buddhist retreat, but it was a lodge and restaurant when the salad-dressing mix was developed there in the ‘60s.
The buyers are Steve and Dave Dunn, who also own a Wilshire penthouse that is for sale at $14 million. The Dunns plan to use the ranch, just down the road from President Reagan’s retreat and next door to Jane Fonda’s ranch, as a weekend home, said Gary More of Merrill Lynch/Rodeo Realty. He and Marilyn Dunn represented the buyers in the nearly $2-million transaction. Listing brokers were Mac Elhenny, Levy & Co.
Nearby, in the Santa Ynez Valley, the 204-acre J & R Double Arch Ranch, created in the ‘70s by the late RAY KROC, founder of McDonald’s, to entertain his friends and associates, is for sale at $14 million.
Benefits of the sale will go to the Ronald McDonald Children’s Charities.
There is a 4,700-square-foot owner’s residence, known as “The Round House,” on a 20-acre hilltop with a 360-degree view, and a lodge for guests with 15 twin-bedded bedrooms and baths, a dining room that seats 100 and a 3,000-square-foot living room with a billiard alcove, a bar, a poker table and a player-piano.
There are also tennis courts, a volleyball court, shuffleboard, a children’s gym, horse facilities including a stable and corrals; two helicopter pads, a barbecue area and a pool on the property.
Among the celebrity neighbors are John and Bo Derek; Douglas Cramer, producer-partner with Aaron Spelling (Cramer throws an annual barn dance at his 60-acre spread); Ray Stark, producer of many Barbra Streisand films; columnist Rona Barrett, game-show host Bob Eubanks, Broadway producer Mike Nichols and his wife, TV’s Diane Sawyer, tennis star Jimmy Connors, actress Yvonne de Carlo, actor/developer Fess Parker, and singer Michael Jackson.
David Agnew and Lauren Temkin of Coldwell Banker’s Santa Barbara offices and Janice Merrill Brown of Coldwell Banker, Montecito, are marketing the Kroc ranch.
CLIFF PETERSEN, who claims to own the world’s largest collection of U.S. Patent Office models, has sold the colonial-style Beverly Hills house where he lived for the past 25 years and kept 40,000 of his models.
He sold the 15-room, 8,000-square-foot house, built in 1911, for close to its $6.5-million asking price and moved to a smaller place on a hilltop with a view of the city.
“We all thought it would be bought by someone who would tear down the house for the two 100-foot frontage lots,” said Jack Hupp, who represented Petersen in the sale. “On the contrary, it was bought by a woman with six kids, and she intends to keep it basically as it is, apart from refurbishing.
” . . . the house is a classic from the street. . . . Every day, a stream of tour buses stops in front of it (on N. Crescent Drive) so the tourists can admire it.”
Petersen shipped his models to a warehouse he owns in New Jersey except for two pieces that he sold to a British museum. He sold one for $30,000, the other for $20,000, Hupp said.
