
Gene Wilder’s Bel Air residence merely had its worth slashed by $3.5M, now sitting at a still-eye-watering $9.5M … with a requirement that the long run purchaser ought to defend the property’s legacy.
The itemizing agent, Drew Meyers of Westside Property Firm, tells TMZ the sooner proprietor — Elon Musk — tacked on a restrictive covenant to the sale to guard the historic nature of the property … which implies the house that was initially listed in August for just under $13M can’t be torn down.
Drew gives … “A house of this significance must under no circumstances be torn down. It must be restored and launched once more to life whereas sustaining its beautiful soul. We want to be sure it’s provided to any person who appreciates its timelessness.”
Preserving the 4-bedroom, 5-bathroom residence’s timeless vibe has been the aim for years — and it’s one factor Elon pushed for when he provided it to Gene’s nephew Jordan Walker-Pearlman in 2020 for $7M. Musk bought it in 2013 for $6.75 million, sooner than selling it to Jordan.
Elon lent Jordan and his partner $6.7 million to purchase the home, nevertheless the residence went into default sale after they reportedly fell behind on mortgage funds.
Gene initially bought the place once more in 1976 for spherical $300K, residing there for a few years sooner than selling it in 2007 for $2.75M.
At 2,750 sq. toes, it’s positively a Hollywood gem — and now that it’s once more obtainable available on the market, it must be saved up in a way that may’ve made Gene proud.
The publish Gene Wilder’s Bel Air Home Value Slashed by $3.5M, Purchaser Ought to Defend Legacy appeared first on Allcelbrities.