In Bel-Air, a French-inspired estate owned by Hal Gaba — the late producer behind Concord Records and Village Roadshow Pictures — just sold for $18 million.
Gaba — who also founded media company Act III Communications and enjoyed a longtime partnership with sitcom creator Norman Lear — died in 2009. The property has been waffling on and off the market in the decade since, most recently listing at $26.5 million, records show.
The pedigreed property spans five acres above Stone Canyon Reservoir. Combining two parcels, it includes a mansion and two guesthouses that combine for 15,360 square feet, as well as a tennis court, swimming pool and cabana surrounded by manicured lawns, gardens and pathways.
Approached by a dramatic courtyard with hedges, the main residence is designed for entertaining. Grand public spaces include an elegant living room, formal dining room, wood-paneled library, movie theater and rounded rotunda topped by a chandelier.
Five bedrooms and six bathrooms complete the floor plan. A loggia lines the backside of the home, descending to the pool and spa. Throughout the property, secluded nooks unfold to views of the sweeping landscape below.
Susan Perryman of Hilton & Hyland held the listing with Branden and Rayni Williams of Beverly Hills Estates. Mia Trudeau, also with Hilton & Hyland, represented the buyer.
Gaba served as president and CEO of Act III Communications and was also co-chairman of Village Roadshow Pictures, the film production company responsible for hits such as “The Matrix,” “Ocean’s 11,” “The Lego Movie” and “The Joker.”