By Neal J. Leitereg and Jack Flemming / Los Angeles Times
LOS ANGELES — The buyer of actor Eddie Albert’s former estate in Pacific Palisades has come into focus.
Bobby Murphy, co-founder and chief technology officer of Snapchat creator Snap Inc., paid the asking price of $19.5 million for the California hacienda, according to sources not authorized to comment on the sale. The deal, which closed earlier this month, was made through a corporate entity.
Designed by John Byers and built in 1933, the well-preserved home is where Albert lived for nearly five decades. The film and television actor, who starred as lawyer-turned-farmer Oliver Wendell Douglas on the 1960s sitcom “Green Acres,” once planted corn in the home’s front yard. He died in 2005 at 99.
More recently, the house had been owned for more than a decade by noted landscape designer Jay Griffith.
The house, which maintains its period style, has more than 4,800 square feet of living space that includes a two-story foyer, a living room with an oversized fireplace, a dining room, five bedrooms and six bathrooms. A vintage pub room is awash in rustic wood paneling.
In addition to the main house, the three-quarter-acre estate includes several outdoor pavilions and a swimming pool surrounded by lawn. Views take in the nearby canyon, mountains and ocean.
Murphy, 29, founded the social media and technology company Snapchat in 2011 with Evan Spiegel and Reggie Brown. Later rebranded as Snap, the company is among LA’s biggest in the tech field, with a market capitalization of more than $20 billion.
Adam Levine is keeping his real estate agent busy so far this year.
The Maroon 5 singer and TV competition judge has bought the Beverly Hills home of “Will & Grace” creator Max Mutchnick for $33.9 million and has a deal in place to sell his house in Beverly Crest to crooner John Mayer for $13.5 million, sources told the Los Angeles Times.
Earlier this year, Levine sold another property in Holmby Hills for $18 million.
The Beverly Crest house was built in 1940 and extensively renovated during the singer’s ownership. It has 7,100 square feet of living space that includes an expansive great room, a media room, a den and a gym.
The gated property spans roughly 3.6 acres of grounds that hold a swimming pool and spa and a lighted basketball court. There are also a two-car garage with a hydraulic lift and a speak-easy-style card room.
Rocker Sammy Hagar has bid farewell to his longtime Hawaiian retreat, selling the clifftop home in Maui’s Haiku area for $3.1 million.
What’s outside the three-bedroom cottage is just as important as what’s inside. Spanning roughly 10 acres, the tropical grounds offer a tiki bar, a 1,500-square-foot pool and spa, a 400-foot well and a trove of palm-lined paths dotted with Hawaiian fruit trees.
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