Jeff Bezos’ deal for Paul Allen’s undeveloped land falls through

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Jeff Bezos’ deal for Paul Allen’s undeveloped land falls through, but don't worry he's still got that $165-million house in Beverly Hills.

Among the largest remaining undeveloped sites in Beverly Crest, the sprawling hilltop comprises five flat lots totaling 120 acres.

The property was once the estate of cowboy actor Fred Thomson and his Oscar-winning screenwriter wife, Frances Marion, who had a Wallace Neff-designed home built on the site. The couple’s neighbor at the time, actress Greta Garbo, coined the name “Enchanted Hill.” Allen, who died two years ago at 65, purchased the property in 1997 for $20 million with intentions to develop the property as his personal compound. During his ownership, the house was razed and a one-mile private street was added. Utilities and two guard-gated entrances were also installed.. The Georgian-style mansion, once owned by movie mogul Jack Warner, sits on nine acres with multiple structures, formal gardens and a private golf course.

 

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