Hollywood film producer Mike Medavoy and his wife, Irene, have sold their estate in a gated Beverly Hills enclave for $9.948 million.
Built in 2005, the East Coast-inspired home sits on 1.85 acres of grounds and has a detached guesthouse, an outdoor pavilion and a swimming pool. Two garages and a large motor court can accommodate about a dozen cars.
Inside, renovated interiors include a two-story foyer with black-and-white checkerboard floors that opens to the living room with a fireplace. Five other fireplaces are found in the dining and family rooms, library, master bedroom and guesthouse.
The chef’s kitchen is light and bright and has a large marble-topped island and a breakfast nook. There’s also a media room, seven bedrooms and 8.5 bathrooms.
French doors lead outside where there are lawns and a flagstone patio surrounds the swimming pool. Views take in the surrounding canyon, mountains and ocean.
The property originally came to market two years ago for $14.995 million, records show. Medavoy paid $8.2 million for the house in 2013.
Jade Mills and Joyce Rey of Coldwell Banker were the listing agents. Mark Alba of Alba Realty represented the buyer.
Medavoy previously headed the motion picture companies Orion Pictures, TriStar Pictures and United Artists. He currently holds the titles of chairman and chief executive at Phoenix Pictures.
The 75-year-old filmmaker has scores of credits including seven films that won Academy Awards for best picture. Among the Oscar winners are “One Flew Over the Cuckoo’s Nest,” “Rocky” and “Annie Hall.”
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