Wednesday, 1 April 2020

Singer Michael Feinstein Slashes Price on Los Feliz Mansion by Over 60 Percent

Amanda Edwards/Getty Images; realtor.com

The singer and pianist Michael Feinstein has had a devil of a time trying to sell his grand mansion in Southern California.

The golden-voiced singer of American standards initially listed his Tudor Revival-style mansion in the Los Feliz neighborhood in April 2018 for $26 million. As the months flew by, the classic residence popped on and off the market, with a number of price cuts.

Two weeks ago, it reappeared on the market for $9,995,000—a staggering 62% off its original list price.

But don’t shed too many tears for the five-time Grammy nominee. He bought the elegant mansion in the hills back in 1998 for $2.5 million.

“After more than 20 happy years in this house, this is a bittersweet move for us,” Feinstein told Town & Country last year. “We’ve purchased another historic home in Pasadena.”

That would be the 20,000-plus-square-foot Cravens Estate on Pasadena’s “Millionaire’s Row,” where the beer magnate Adolphus Busch and chewing gum tycoon William Wrigley Jr. once owned palatial estates.

Feinstein and his husband, Terrence Flannery, are converting much of the space in the Pasadena mansion into archives and studios for the preservation of “The Great American Songbook,” a compilation of American standards.

Feinstein is the founder of the Great American Songbook Foundation, dedicated to preserving popular American music from the 1920s through the 1950s.

Michael Feinstein’s Los Feliz Tudor

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His Los Feliz mansion was originally built in 1926, and served as the Russian Consulate in Los Angeles from 1935 into the early 1950s.

Carefully renovated, the home has also been staged impeccably, showcasing its turnkey condition. Throughout the home, you’ll find custom woodwork, arched doorways, leaded-glass windows, beamed ceilings, ornate fireplaces, and parquet floors.

The six-bedroom, 6.5 bath home offers a whopping 15,391 square feet of living space. And the lot is elevated 15 feet above street level, which means the home has views of the mountains and the city, all the way out to the Pacific Ocean—a rarity for homes this far inland.

Entryway

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Views

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Living room

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Dining room

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Salon

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The spacious master suite has even more charm and luxury, as well as a fireplace and private balcony.

The kitchen is an elegant affair, with state-of-the-art appliances including a double Wolf range and glass front SubZero refrigerator. The setting is sparkling new, yet appears graciously vintage.

The adjacent breakfast alcove looks as comfortable, inviting, and stylish today as it was back in the 1920s.

Other luxe features include a light-filled sun porch, a plush screening room, a gym, and a wine cellar. Also intriguing are the secret passageways, which were common in this neighborhood in homes built during Prohibition.

Master suite

Private balcony

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Kitchen

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Breakfast alcove

Screening room

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Sun porch

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Pool

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The grounds of the estate are lush and feature mature foliage, much of which has been growing for almost a century. There’s also a lovely swimming pool with a view, and a guesthouse that can be used for friends and family, a studio, or archive storage.

The mansion also has a historical setting, just south of the Griffith Observatory, and a stone’s throw from the Greek Theater.

Meanwhile, it’s conveniently close to the trendy restaurants on Vermont, as well as downtown L.A., Hollywood, Glendale, and the studios in Burbank.

Feinstein, 63, has been performing since the late 1970s, and is known for his musical interpretations of classic American songwriters.

Backyard

The post Singer Michael Feinstein Slashes Price on Los Feliz Mansion by Over 60 Percent appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/celebrity-real-estate/michael-feinstein-los-feliz-mansion-epic-price-reduction/

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