Real Estate Industry News

A sprawling Beverly Hills compound that once belonged to actor Mark Wahlberg and was featured in the HBO series “Entourage” is on the market at a substantially reduced asking price of $28.5 million, according to TopTenRealEstateDeals.com.

Spanning 1.7 acres of grounds, the gated estate features 13,000 square feet of living space and 1,000 square feet of decks from which to take in the stunning panoramic city views. With five bedrooms and six bathrooms, the main house features walls of glass that bring in ample natural light and showcase the gorgeous location. Smart home automation by Savant proactively manages energy to offset peak utility costs, power outages and optimize energy usage even when on-grid.

The primary suite is especially striking, featuring canyon views, a wood-burning fireplace, his-and-hers bathrooms with beautiful marble slab counters, aromatic oil-and-steam showers, a hair salon and a private staff entrance. The light and airy kitchen is well-equipped with Wolf and SubZero appliances, newly remodeled countertops, climate-controlled wine storage and immense bifold windows that allow for seamless indoor-outdoor living and unobstructed flow for guests.

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White oak-wire-brushed-wood floors, high ceilings and impeccable attention to detail make the home’s multiple living areas truly spectacular. The fully-equipped theater with a 136-inch screen, wet bar and wood-burning fireplace is fit for a Hollywood mogul, while the rooftop deck is its own private oasis.

Besides the main residence, the compound also includes a two-story guesthouse with two bedrooms, a full kitchen and a stand-alone gym with 3,000 square feet of workout space, two levels of equipment and a full-size boxing ring. The landscaped grounds offer citrus trees, multiple full-size sports courts, a putting green, resort-style pool with waterfalls, waterslide and grotto, outdoor entertainment areas, including fire pits and a full outdoor kitchen with wood-burning pizza oven.

Situated in the exclusive Oak Pass Road gated community of Beverly Hills, the estate is centrally located to everything Los Angeles has to offer, but at the same time is extremely secluded. It’s one of the country’s most exclusive neighborhoods with a median home listing price over $20 million.

Some of the best celebrity homes are in Beverly Hills, which is widely known for its Rodeo Drive shopping district. Beverly Hills residents include Jennifer Aniston, Jack Nicholson, Ashton Kutcher and Katy Perry, to name a few. Nearby options for entertainment include The Getty Museum, Franklin Canyon Park and the Los Angeles Country Club.

Wahlberg got his start as a rapper, fronting the group Marky Mark and the Funky Bunch, before branching out into acting with 1994’s Renaissance Man. In the early 2000s, he starred in big-budget action movies, including The Perfect Storm and Planet of the Apes. He was 2017’s highest-paid American actor as the protagonist of the Transformers film series.

As an executive producer, Wahlberg is responsible for five successful HBO series, including Entourage and Boardwalk Empire. He received his star on the Hollywood Walk of Fame in 2010. The actor also co-owns the casual dining chain Wahlburgers with his brother Paul, the restaurant’s head chef.