Hollywood History: Peter Sperling Sells Vincent Price's Former Estate For $16.5 Million

An elegant home with some very important Hollywood history was just sold by billionaire Peter Sperling, reports the Los Angeles Times. The Spanish-style compound, which includes an expansive main house, guest house, and various outdoor amenities, once belonged to the legendary horror film actor Vincent Price. It has been sold for $16.5 million, marking a significant transaction in the world of luxury real estate.

While this stunning property might not resemble the haunted castle one would expect to see in a Vincent Price movie, it indeed possesses a unique charm that dates back to the 1920s. The official listing described it as a "Distinguished Holmby Hills compound" steeped in Hollywood fame, showcasing its rich history and elegant design.

The main house has been exquisitely maintained and underwent extensive renovations around 2003-2004. It features timbered cathedral ceilings, handcrafted wrought iron elements, painted tiles, hardwood floors, and a magnificent two-story chandelier entry. In addition to its beautiful architecture, the home offers spacious living areas, luxurious master accommodations, and numerous outdoor amenities, making it a true gem in the Los Angeles area.

For a glimpse of the stunning home that once belonged to Vincent Price and more recently to Peter Sperling, check out the video from realtor Joyce Rey. This sale highlights the ongoing fascination with Hollywood history and the luxury real estate market, showcasing how unique properties continue to attract attention and buyers.