Virgin Group

Music exec Ron Fair hauls in about $8.12 million for Brentwood compound

Music exec Ron Fair hauls in about $8.12 million for Brentwood compound

The final price tag ended up more than $7 million shy of what they originally asked, but veteran music executive Ron Fair and his wife, singer-actress Stefanie Ridel, finally have a home sale in Brentwood.

The couple’s gated compound sold last week for roughly $8.12 million — a far cry from the original asking price of $15.5 million.

Set on an acre of grounds, the compound comprises five structures including a plantation-style main house that dates to 1940.

There is 10,895 square feet of interior in the main...

48°