The Pacific Palisades home built for late entertainment mogul Michael King is back up for sale at $38 million. The sprawling estate originally hit the market two years ago at $42 million.
The handsome Georgian-style home, designed by New York-based firm Ferguson & Shamamian and built in 2005, sits on an acre-plus ridge with panoramic city and ocean views. A swimming pool, an infinity-edge spa and a pool house make up the manicured grounds. The formal gardens were done by landscape designer Deborah Nivens.
The more than 15,000 square feet of interior features the work of White House designer Michael S. Smith. Among details of note are hand-painted walls, inlaid mother of pearl and elaborate millwork. There are grand living and dining rooms, a wood-paneled office, a movie theater, a game room and a chef’s kitchen.
The master suite holds a sitting room and his and hers bathrooms for a total of seven bedrooms and 10 bathrooms. A terrace balcony off the master bedroom creates additional living space outside.
King bought the house in 2002 for about $11 million, property records show. He died three years ago at 67.
Elisabeth Halsted of Berkshire Hathaway HomeServices California Properties holds the listing.
King and his brother, Roger, inherited King World Productions from their father, Charles King, in the 1970s and transformed the company into a syndication juggernaut. Among shows distributed by the company were “Wheel of Fortune,” “Jeopardy” and “The Oprah Winfrey Show.”