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L.A. Home of Richard Zanuck Sells for $20.1 Million

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L.A. Home of Richard Zanuck Sells for $20.1 Million

The 10,000-Square-Foot One-Bedroom: L.A. Home of Richard Zanuck Sells for $20.1 Million

The Los Angeles home where Hollywood producer Richard Zanuck lived until his death this past July has sold for $20.1 million, according to people close to the situation. The son of producer Darryl Zanuck, Mr. Zanuck produced "Driving Miss Daisy" and "Jaws," among other films.

Photos: Private Properties

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The Los Angeles home where Hollywood producer Richard Zanuck lived until his death this past July has sold for $20.1 million.

The buyer is a European businessman who specializes in real-estate investments, these people said. Mr. Zanuck's widow, Lili Zanuck, had been quietly shopping the home for $26 million, but it was never officially listed on the market.

Located in the gated community Beverly Park, the 10,000-square-foot house has one bedroom—unusual for such a large home. There are two guesthouses, each with an additional bedroom. The property also has a tennis court, a movie theater and sweeping views. The gym in the main house was designed by Arnold Schwarzenegger.

Ms. Zanuck and her late husband married in 1978. Nine years later, they paid about $3.5 million for the land in Beverly Park on which they built this home. They also invested $7 million in landscaping the property.

"The Altman Brothers," Josh and Matthew Altman of Hilton & Hyland, represented the buyer. Marisa Zanuck, also of Hilton & Hyland, represented Ms. Zanuck in the sale. She is the daughter-in-law of Ms. Zanuck and the late Mr. Zanuck.

—Lauren Schuker Blum

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Japan Sotheby's International Realty

The 5,578-square-foot, six-bedroom house is in Meguro, a southwest suburb of Tokyo.

Mount Fuji Views: Tokyo Home Asks $5.2 Million

A Tokyo home has listed for $5.2 million.

Built in 2009, the 5,578-square-foot, six-bedroom house is in Meguro, a southwest suburb of Tokyo. The house has views of Mount Fuji from its roof garden, and three other bamboo-fringed terraces, one for each floor, cascade down the side of the property. There's also a guest apartment.

The seller is Inés Ligron, a former Asia-Pacific director for the IMG model agency who ran Miss Universe in Japan for Donald Trump for 13 years. Now, she works as a beauty adviser and appears on television.

After living in the house for 18 months, Ms. Ligron is selling because she is moving to Singapore. "I built it from A to Z," she says. "I found the land and chose everything from the foundation to the roof."

The house is listed with Japan Sotheby's International Realty. The price includes most of the furniture.

—Lucy Alexander

David Geffen Buys Denise Rich's New York Penthouse for $54 Million

Media mogul David Geffen has paid $54 million for a penthouse duplex owned by socialite Denise Rich on Manhattan's Upper East Side, according to people familiar with the situation. The deal closed last week, they added.

The 12,000-square-foot duplex on Fifth Avenue has an additional 5,000 square feet of exterior space with wraparound terraces, making it one of the largest apartments in Manhattan. With seven bedrooms and 11 bathrooms, it overlooks Central Park. The upper level has a salon with 11-foot ceilings and custom mahogany doors. The lower level has a media room, a billiard room, a gym and a professional recording studio.

Mr. Geffen, a co-founder of DreamWorks, currently owns an apartment right below the penthouse. He plans to sell that apartment once he moves into the penthouse, which he plans to renovate.

Ms. Rich was asking $65 million for the property, which she put on the market in January. And although the $54 million Mr. Geffen paid is 16.9% off Ms. Rich's asking price, it still marks the highest price ever paid for a co-op in Manhattan, according to Jonathan Miller, president of Miller Samuel Real Estate Appraisers & Consultants.

Bonnie Pfeifer Evans, Noble Black and Chazz Levi of Corcoran represented Ms. Rich in the transaction.

—L.S.B.

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Premiere Estates Auction Company

Called Villa Rockledge, the property is on a cliff overlooking the Pacific.

Historic California Ranch Hits the Auction Block
A Laguna Beach, Calif., ranch previously on the market for $34.9 million will be auctioned off next month with an opening bid of $10.5 million. Called Villa Rockledge, the property is on a cliff overlooking the Pacific, with a private beach below. In addition to the roughly 5,000-square-foot main house, there are six villas that add about 3,000 square feet to the property. The property was listed at $34.9 million in 2009 and reduced to $29.9 million before it was taken off the market. It was then relisted last month for $25 million before the decision was made to go to auction.

Designed by architect Arthur Benson, Villa Rockledge was completed around 1921. Frank Miller, a noted developer, worked on the property until his death in 1935. In 1973, writer and historian Roger Jones and his wife, Sherill, bought the home and restored it. Eleven years later, it was added to the National Registry of Historic Places by the state and the U.S. National Park Service. Todd Wohl of Premiere Estates Auction is handling the auction, which will take place on Dec. 15; the opening bid of $10.5 million is the disclosed reserve.

—L.S.B.

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