Anjelica Huston Planning to Turn Venice House Into Private Social Club (Report)

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Anjelica Huston

The "Smash" actress has accepted a $12 million offer for her estate along with a position on the board of a proposed private club to be based at the property.

Anjelica Huston plans to transform her Venice, Calif., compund, which went into escrow in July, into a private social club, according to Page Six. Huston reportedly accepted $12 million for the property and will also serve on the advisory board for a new private club to be based there.

In a sign of how rapidly Venice is gentrifying, with new restaurants springing up seemingly every week, plans are to charge $2,000 a year for membership in the establishment, which will include a farm-to-table restaurant, gallery and screening room.

The multi-million-dollar compound, known as "The Fortress," was designed by the actress' late husband, sculptor Robert Graham, in 1994. It is one of two high-profile Venice properties to sell in recent weeks. The other is the compound of the late Dennis Hopper, which traded hands to an undisclosed buyer for $5 million in August. The property includes a 5,000-square foot main house and three two-story condominiums. Both properties had been on the market since 2010. Huston's estate originally went up for sale at $18 million but had been reduced to $13.9 million.

The Smash actress'  unusual Windward Avenue property could conceivably lend itself to becoming a private club. Boasting a five-story artist's loft, which is connected to the main residence by an elaborate courtyard, the compound is comfortably secluded from the tourist-filled beach street where it is situated.

In a proposal sent to potential investors, Huston said: "I bestow my heartfelt support for Venice Social Club Holdings' intention to create a community gathering space that honors Venice's unique legacy at 69 Windward Ave," according to Page Six. The members' shared interest, according to the document, is "gourmet bathing," which includes activities such as surfing, hot spring excursions and seltzer water tastings.