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Joe Roth Sells Gibbons-Del Rio, Buys Holmby Hills Paul Williams

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The Hollywood Reporter is Hollywood reporting that producer Joe Roth has sold the (much-beloved by us) Santa Monica estate built by art director Cedric Gibbons for his movie-star wife, Dolores Del Rio, to Fox Television head Gary Newman and his wife, entertainment lawyer Jeanne Newman, for a price in the "mid-$9 million range." (He listed the house in November 2010 asking $12.45 million and later chopped to $10.15 million.) That sale price is less than half of what Roth shelled out--$21.5 million--for his new home, a seven-bedroom, eleven-bath traditional built in 1936 and designed by Paul Williams. Previously owned by Oscar-winning director Joseph Mankiewicz and by swank-real-estate-loving producer Aaron Spelling, according to the Movieland Directory, the 1.2-acre Holmby Hills property features a wine cellar, tennis court, pool, and detached two-story cabana.
· Joe Roth Sells Historic Home to Hollywood Power Couple [THR]
· Dolores del Rio and Cedric Gibbons' 1930s Art Deco Estate in Santa Monica [Curbed LA]
· 111 North MAPLETON Dr [Redfin]