Bob Chapek, the Walt Disney Company’s head honcho since February 2020, has significantly upgraded his Westlake Village residential circumstances with the $12.5 million purchase of a sprawling contemporary estate atop an impressive promontory. The transaction represents the area’s biggest real estate deal since July 2019, when NuVet owner Blake Kirschbaum shelled out $35 million for a different Westlake Village compound, though that one was a far larger and more lavish property.
Located roughly an hour northwest of Downtown L.A. by car, the Chapek mansion is also sited within an exclusive 24/7 guard-gated community, where some of the famous neighbors include The Miz of WWE fame and fortune, Heather Locklear, Rams wide receiver Cooper Kupp and veteran internet celebrity Trisha Paytas, whose striking new mansion is one of two homes she owns in the area.
None of those neighbors are new to Chapek and his longtime wife Cindy, however, because they’ve been living in the same gated enclave since 2019. Back in May of that year, the couple shelled out $5.3 million for a Mediterranean-inspired villa that sits only a short jog away from their new digs. That “starter” house, incidentally and not surprisingly, is now back and available for sale on the open market, tagged with a much-increased $7.495 million ask. And like the new property, that place is also saddled with $650 in monthly HOA dues, which covers the association’s guard expenses, plus beautification costs for the golf course-adjacent community.
Jordan Cohen of Re/Max One held the listing on the $12.5 million property; Erin Pohl and Bob Pearson of Coldwell Banker repped Chapek. Pohl and Pearson also hold the listing on Chapek’s former Westlake Village home.
This story first appeared on Dirt.com, which features additional photos.