"Hotelier Brad Korzen and noted designer Kelly Wearstler, who acquired the property in 2005, have entered into an agreement to sell the estate to fashion designer and filmmaker Tom Ford for $53 million, according to sources not authorized to comment on the off-market deal."
"Set on 3.2 manicured acres, the sprawling property includes a main house with seven bedrooms and nine bathrooms, a two-bedroom guesthouse, a swimming pool and a tennis court. A large motor court sits off the entrance. Other features of note include a gym and a screening room."
"The home was built in the 1920s for silent film actor Hobart Bosworth, who sold the property in 1933 to actor William Powell. Powell, known for his role as Nick Charles in the 'Thin Man' film series, commissioned architect James Dolena to turn the Spanish mansion into its current Georgian/Regency-inspired form."
A significant luxury real estate transaction is underway in Beverly Hills as fashion designer and filmmaker Tom Ford enters into an agreement to purchase a historic 3.2-acre estate for $53 million. The property, previously owned by hotelier Brad Korzen and designer Kelly Wearstler since 2005, has a distinguished ownership history dating back to the 1920s. Originally built for silent film actor Hobart Bosworth, the estate was later transformed by actor William Powell and subsequently owned by James Bond producer Albert Broccoli from 1969 to 2005. The sprawling compound features a seven-bedroom main house, guesthouse, swimming pool, tennis court, gym, and screening room. This sale would establish a new price record for the year in Los Angeles County's high-end market.
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