David O. Selznick's Former Beverly Hills Estate Lists for $19.9M (Exclusive)

Nick Springett

Several luminaries later resided in the 12,500-square-foot home including Katharine Hepburn and Sammy Davis Jr.

The ghosts of Hollywood’s past went on sale this week in the form of Oscar-winning producer David O. Selznick’s former Beverly Hills home on Summit Drive, which just hit the market for $19.9 million.

The Roland Coate-designed colonial revival estate, which was built in 1934, is 12,500 square feet and features seven bedrooms and nine bathrooms. It was during his time as head of production at RKO that Selznick had the home built. Selznick and his wife, Irene, who was the daughter of film mogul Louis B. Mayer, resided at 1050 Summit Drive during much of their 15-year marriage. The estate was briefly listed in 2010 and last sold in 1991 for $2.1 million, according to property records.

Later, other luminaries passed through the halls. Katharine Hepburn resided in the house after filming The African Queen, as did petroleum tycoon Edward L. Doheny. Music artist and Rat Pack member Sammy Davis Jr. lived there, as did Tonight Show personality Ed McMahon.

The home is still associated with Selznick, who won back-to-back Oscars for Gone With the Wind in 1939, which starred Clark Gable and Vivian Leigh, and a year later for Rebecca, which starred Laurence Olivier and Joan Fontaine. Rebecca was the first Hollywood production for Alfred Hitchcock and the only film to win a best picture Oscar for the famed director.

Upon entering 1050 Summit, a large entryway leads you to a formal living room with a marble fireplace, pine paneling and carved moldings. Large windows peer out onto a pool and private gardens. A master wing offers his and hers bathrooms and a large walk-in closet. There is also a large family room with a wet bar and drop-down movie screen, a library, dining room with a fireplace and a sun porch.

Joyce Rey of Coldwell Banker Previews International is the listing agent. According to Rey, the gated home offers excellent privacy. Asked who she thinks would be a good fit for a home with such a storied past, Rey tells The Hollywood Reporter, “I think anybody with good taste and sophistication.”