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Insane "Eco" Compound in Pac Pal Now $7 Million Cheaper

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This verdant, two-house, "eco-sensitive" estate in Pacific Palisades is built on the site of the compound where acclaimed Abstract Expressionist painter Sam Francis lived and worked until his death. A very destructive fire in 2007 took out most of Francis's original 1920s house, but a new owner bought the site and called on Malibu architect Chris Sorensen to create a compound with 12,500 square feet of living space that sports 500-year-old gates from a monastery and 500-year-old "reclaimed teak floors," plus zen gardens, waterfalls, and "natural sculptures."

Cumulatively, the 8,000-square-foot main house and the 4,500-square-foot guesthouse have eight bedrooms, 13 bathrooms, giant glass windows and walls, and "only the finest in hand carved stone vessels and baths." Plus a cigar room. The whole place sits on nearly half an acre of land that looks like somewhere people would go on their honeymoon.

Pricechopped down from its 2012 price of $18.75 million, the property is now asking a much more affordable $11.888 million.

· 345 West Channel Rd., Santa Monica, CA 90402 [Redfin]
· Santa Monica Compound Lists for $18.8 Million [WSJ]
· Former Estate of Abstract Expressionist Sam Francis in Pac Pal [Curbed LA]