
"Probst has sold his North Ranch estate--his greatest link to Thousand Oaks other than the Charles E. Probst Center for the Performing Arts--for $10 million, property records show. That is much less than Probst's original $18.9-million asking price for the 30-plus-room, Xanadu-like property. It is also less than the $14.5 million that Probst had sought for the 16-acre hilltop estate after it had languished on the market for months."
"The local saga of reclusive businessman Charles E. Probst, who donated $2 million to the Civic Arts Plaza only to renege on the promised payments until he was taken to court, may be at an end."
"Probst fought the city establishment in 1994 to clear the hillside below his 25,000-square-foot mansion and plant hundreds of trees and shrubs, a grandiose gardening plan that violated a city agreement with the previous landowner and was considered gaudy by his neighbors."
Charles E. Probst, a reclusive businessman known for donating $2 million to the Civic Arts Plaza before reneging on payments and facing legal action, has sold his North Ranch estate in Thousand Oaks for $10 million. The sale price was significantly lower than his initial asking price of $18.9 million and subsequent asking price of $14.5 million after the property languished on the market. The buyers are Charles and Lisa Burtzloff, who own multiple properties in the area. Celebrity Pat Sajak had expressed interest but declined to exceed his $9 million offer. The estate sale appears to mark the end of Probst's contentious local presence, which included disputes over landscaping and his controversial donation to the arts center.
Read at Los Angeles Times
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