Michael Feinstein and a main room in the Los Feliz mansion
Musician and entertainer Michael Feinstein has dropped the price several octaves on his Los Feliz mansion.
Feinstein chopped the asking for his Tudor Revival estate to $18.9 million, according to the Los Angeles Times. He first listed the home a year ago at $26 million. The reduced price represents a 27% decline.
Last January, Feinstein bought a larger estate in Pasadena.
The 15,200-square-foot Los Feliz property is three stories, and includes six bedrooms and 6.5 bathrooms, a gym, screening room, and wine cellar. There’s also a guest house.
Feinstein and husband Terrance Flannery have owned it for 20 years. They paid $2.5 million for the home in 1998. The Los Feliz estate was built in 1926 and was a Russian consulate property from 1935 until the 1950s. Feinstein and Flannery threw lavish star-studded parties there, one for Liza Minnelli.
They appear to be consolidating their real estate; the pair sold their Upper East Side brownstone for $15.2 million last year.
Feinstein and Flannery’s new Pasadena home is a 20,000-square-foot mansion designed by celebrated architect Lewis P. Hobart.
Feinstein, a Grammy- and Emmy-nominated entertainer, is archivist of the Great American Songbook, an informal collection of cabaret, film, and stage songs written in the first half of the 20th century. [LAT] — Dennis Lynch