Tom Gores

Holmby Hills estate of former Paramount chief Brad Grey fetches $70 million

Holmby Hills estate of former Paramount chief Brad Grey fetches $70 million

The Grey Estate, the Holmby Hills home of late Paramount Pictures Chairman and Chief Executive Brad Grey, has sold for $70 million, according to real estate sources not authorized to comment publicly on the deal.

The transaction is among the priciest historically in the tony Westside pocket tucked in between Beverly Hills and Bel-Air, property records show. It trails only a handful of landmark deals: A pair of $100-million sales involving the Playboy Mansion and a modern spec compound now owned by Detroit Pistons owner Tom Gores; the $90-million sale of Owlwood; and the $74-million sale of the onetime Walt Disney estate.

Designed by Howard Backen, the modern farmhouse-style...

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