Mike Medavoy Buys $8.2 Million Beverly Crest Spread
The producer and his wife go back to living large with a 9,000-square-foot home.
So much for downsizing. After a three-year stint living in (relatively) smaller digs, uber producer Mike Medavoy and former-actress wife Irena are back on (relatively) sprawling turf. The couple has purchased a 9,000-square-foot East Coast-style home for $8.2 million.
Located on a 1.7 acre lot, with CAA's Kevin Huvane and real Beverly Hills housewife Lisa Vanderpump as neighbors, the spread is located in a gated area of Beverly Crest. Tons of quietly traditional touches abound in the home -- think crown molding and beadboard galore -- along with rolling lawns that spill into the canyons, ocean views, and a five-car garage.
The move marks a return to living large after many years of residing in more modest-sized homes. Before purchasing their current home, the couple had owned a 5,400-square-footer on .85 gated acres in the prime East Gate Bel Air area with commanding views of the Bel-Air Country Club. The Medavoys purchased that property in April 2011 for $6 million and turned a tidy profit this May when they sold it for $7.8 million.
And this wasn’t their first foray into less-is-more. Prior to that, they moved into a 6,200-square-foot, four-bedroom spread in Trousdale Estates in 2010.
Now it seems Medavoy -- who has produced more than 300 films including The Silence of the Lambs, Zodiac, and The Terminator franchise -- has returned to his comfort zone of yore, where, back in 2007, he called an 11,700-square-footer in Beverly Park home. (The couple sold that in 2009 for $12.5 million.)
Their current home has seven bedrooms and eight-and-a-half baths. Ahhh, elbow room.