realestate

Former LA Mansion of Elon Musk & Gene Wilder Seeks New Owner After Price Drop to Over $3 Million

Bel Air Home Once Sold by Elon Musk Faces Foreclosure Sale with New Discount Offered.

A
piece of Los Angeles history is up for grabs at a significantly reduced price. The 1951 Bel Air residence once owned by Elon Musk and the late Gene Wilder is now on the market for $9.5 million, down from its original asking price of $12.95 million.

    The property's current owners, Jordan Walker-Pearlman and his wife Elizabeth Hunter, are facing foreclosure after falling behind on loan payments to Musk. The tech mogul had sold the house to them in 2020 for $7 million, with an additional $6.7 million loan to seal the deal.

    Gene Wilder purchased the property in 1976 for $300,000 and owned it for decades before selling it in 2007 for $2.7 million. Musk bought it in 2013 for $6.75 million, but announced in 2020 that he would sell his physical possessions, including this house.

    The residence remains in its original state, maintaining its historic charm with features like wood-beamed ceilings, a circular bar area, and fireplaces. The current listing also stipulates that the house cannot be demolished. Outside, there are seating areas and a kidney-shaped pool.

    If it doesn't find a buyer soon, the property will go up for public auction on December 3.

Elon Musk's former LA mansion, once owned by Gene Wilder, for sale at $3 million.