I finally got a chance to view the magnificent former home of Bugsy Siegel and Madonna. It is currently on the market for $9,995,000. A steal given that it was listed in April for over $14 million. Yes, the market has taken a dive at all price points.
It is really something else. I could have stayed there all day. To see the MLS profile click here.
You enter the property and take either an elevator or walk up spiralling staircase to reach the reception level. After that, thanks to the glorious renovation undertaken by the current owners you are transported to 1926 when this estate was built. There are hidden rooms and grotto-like hideaways, and the views of Lake Hollywoood are stunning. The detailing in the tile, wood and stone work, are outstanding.
Interesting factoid: Their are still bullet holes in a wood railing above the living room from when the LAPD raided back in the 30s. This is not the home where Bugsy Siegel met his demise. That house is in Beverly Hills.
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