The Cape Cod-inspired traditional-style house sits on more than an acre with ocean views, an expansive lawn and a swimming pool with spa.
The 5,936 square feet of living space includes an office, a theater, a gym, a breakfast area, a den and a library. Along with the guesthouse are six bedrooms and seven bathrooms.
Mandel, 56, will host the new Fox show "Mobbed," which will use flash mobs to send musical messages to participants' unsuspecting friends or family members. The reality show is scheduled to start airing next month.
He hosted "Deal or No Deal" from 2005-09. The actor was the voice of Bobby on the animated series "Bobby's World" (1990-98) and was on "St. Elsewhere" (1982-88).
Multiple Listing Service records show Mandel bought the property in 2006 for about $3 million. He tore down the original house to build the current one in 2008.
Matt Rapf of Prittchett-Rapf Associates, Malibu, is the listing agent.
A cast change near Sunset Strip
Reality actress, fashion executive and attorney Mandana Dayani and her husband, TV producer Peter Traugott, have listed their Sunset Strip-area house for sale at $1.549 million.
The two-story traditional, built in 1952, is designed for indoor-outdoor entertaining. The living room opens to a deck with city views on the main level, and the lower level opens to a swimming pool and spa area. The master bedroom includes two walk-in closets, an office or den, and a bathroom for a total of three bedrooms and 21/2 bathrooms in the 2,240-square-foot house.
Dayani, vice president and general counsel for Rachel Zoe Inc., joined the cast of the 2011 season of "The Rachel Zoe Project." Traugott is the television division president of Brillstein Entertainment Partners. His production credits include "Samantha Who?" (2007-09).
Traugott bought the property in 2003 for $1.29 million, according to public records. The couple were married last year.
Sharona Alperin of Sotheby's International Realty's Sunset office is the listing agent.
No more nights at his Lautner
Night-life impresario Brent Bolthouse has sold his John Lautner-designed house in the Mulholland area for $1.46 million.
Built about 1947, the house features walls of glass that open to more than half an acre of mature trees, gardens and terraces. There are three bedrooms, two bathrooms and 1,342 square feet of living space.
Bolthouse, 42, is the founder and president of Bolthouse Productions and has launched such nightspots as Hollywood's Hyde Lounge and the West Hollywood club Trousdale.
The property had been listed at $1.495 million and sold in 2004 for $975,000.
Chad Rogers and Aaron Kirman of Hilton & Hyland in Beverly Hills handled both sides of the transaction, according to the MLS.
Arranging for a key change
Composer-arranger Roger Neill has put his Studio City house up for sale at $1.499 million.
The midcentury ranch house sits on 1.2 acres of park-like grounds with views of the San Fernando Valley. Features include a library, an island kitchen, breakfast area, walls of glass and fireplaces in the living room and master suite. There are four bedrooms and five bathrooms.
Neill worked on the animated comedy "King of the Hill" for 13 seasons. He has written music for more than 20 films and hundreds of television episodes. He is working on Roman Coppola's "A Glimpse Inside the Mind of Charles Swan III," to be released next year.
Neill bought the house in 2009 for $1.375 million, according to public records. Actor Cuba Gooding Jr. is among the home's previous owners.
Rick Chimienti of Prudential California Realty is the listing agent.
Former media exec to leave his corner
Former Time Warner chief Gerald Levin and his wife, Laurie Ann Levin, founder and chief executive of the Moonview Sanctuary psychological institute, have put their Marina del Rey house on the market at $2.49 million.
The three-story, 3,842-square-foot home, built in 1997, sits on a corner lot. There are multiple balconies, four bedrooms, four bathrooms, office space and outdoor patio spaces.
Public records show the property last changed hands in 1997 for $936,000.
Barbra Stover of Rodeo Realty in Beverly Hills is the listing agent.