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Well, some lucky rich person has finally gone and ponied up enough cash to land Bob Hope’s dramatic John Lautner-designed Palm Springs residence. The home appeared on the market in 2013 with a bold $50-million price tag. That price dropped to $25 million in 2014, and there it stayed until now.
The Los Angeles Times reports the final selling price to be $13 million—a deep discount on the original asking price to be sure, but still a more-than-respectable figure for the area. It’s also close to twice as much as the $7.7 million paid earlier this year for Lautner’s Bond-villainy Elrod House, also in Palm Springs.
Hope’s home, somewhat reminiscent of a mushroom, was actually inspired by the shape of a volcano, according to the New York Times. The geologic aesthetic fits in pretty well with the desert surroundings, and the massive hole in the roof of the structure saves the place from getting too cave-like.
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Constructed in 1979, the voluminous 23,366-square-foot residence is the largest Lautner ever constructed. It’s also reportedly not one he was particularly proud of, especially after Dolores Hope began tinkering with the home’s interior design.
Patrick Jordan and Stewart Smith with Bennion & Deville Homes represented the sellers for the sale and Ron de Salvo of Coldwell Banker Residential Brokerage represented the buyer, according to the Times.
Meanwhile, Hope’s daughter Linda is still looking for a buyer for her parents’ longtime home in Toluca Lake. The Robert Finkelhor-designed residence was built for the Hopes, who remodeled and expanded it numerous times over the many years that they lived there.
Recently, rumors spread that the home would be demolished and panicked city officials intervened to save it from the wrecking ball. Their fears may have been unfounded though, as Linda Hope tells the Hollywood Reporter that she has no plans to tear down the historic residence.
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Lautner-Designed Bob Hope Estate Now Half Off, Still $25M [Curbed LA]
John Lautner’s Famed Elrod House in Palm Springs Finds a Buyer [Curbed LA]
Here is Bob Hope's Palm Springs Lautner Asking $50 Million [Curbed LA]
$11 Million Chopped Off Price of Bob Hope's Exquisite Toluca Lake Estate in Quest For First Buyer Ever [Curbed LA]
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