Real Estate

Bob Hope's Longtime Toluca Lake Home Could Set New Price Record

If billionaire supermarket magnate Ron Burkle finds a buyer willing to pay his asking price, he'll be an even richer man.

(Listed by: Kevin Dees, The Agency)

NORTH HOLLYWOOD-TOLUCA LAKE, CA — Everyone wants a piece of Hollywood history, but few can afford it. The long-time home of comedic legend Bob Hope has sat on the market for months while billionaire supermarket magnate Ron Burkle holds out for a buyer willing to pay a record-setting $29 million for the Toluca Lake compound.

If he finds a full-price buyer, it would be the most expensive home ever sold in Toluca Lake, and it would net him almost double what he paid for the property in 2018.

Hope and his wife Dolores spent most of their life together on the property until he died in 2003 at 100-years-old. Together they hosted the likes of Bing Crosby, Frank Sinatra, Joe DiMaggio, Marilyn Monroe and multiple presidents.

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The home features the one-hole golf-course that Hope designed and the original oak library Hope used. The home boasts six fireplaces, 10 bedrooms, 17 bathrooms, a large dining room and extensive private outdoor terraces. The updates painstakingly preserved the architectural elements by John Elgin Woolf, the father of the Hollywood Regency style.

  • Address: 10346 Moorpark St, Toluca Lake, CA
  • Price: $29000000
  • Bedrooms: 10
  • Bathrooms: 17
  • Listing Description: A celebrity legacy residence, The Bob Hope Estate is the jewel of Toluca Lake, offering gracious amenities, an expansive outdoor oasis, and gorgeous, well-preserved architectural elements by John Elgin Woolf, the father of the Hollywood Regency style. With six bedrooms in the main home - in addition to the two staff bedrooms and two-bedroom apartment - and 17 total bathrooms, The Hope estate presents tranquil indoor-outdoor living surrounded by pristine beauty and privacy. Inside, wide plank White Oak hardwood floors glisten, with each detail carefully curated to respect the homes original elegance. Walls of glass look out onto the lush greenery, while stone accents add natural textures. The open living area includes a stone-clad fireplace - one of six fireplaces in the home - leading to a large dining area that offers ample space for dinner parties. Hope's original oak library has been meticulously preserved, while high-end fixtures and finishes - from the Waterworks fixtures to the white Carrera marble bathroom counters and floors - elevate the residence with thoughtful care. The extensive private outdoor terraces provide peaceful retreats and lend perfectly to entertaining. Impeccable landscape design by Art Luna presents an extensively restored oasis. The grounds abound with outdoor amenities, including a saltwater pool, lounge areas to relax with guests, a one-hole golf course designed by Hope himself with two tee positions, a tennis court, and a large barbecue kitchen. Tall, mature trees surround, providing an ultra-private paradise, and mountains can be seen in the distance. Opportunities to luxuriate are ample within the estate; enjoy a home theater and a gym with a steam and infrared sauna. A four-car garage, motor court, extensive security system, security office, and three electric gate entrances provide turn-key convenience. An ancillary structure containing a tennis pavilion, commercial kitchen, security office, conference room, original walk-in fireproof safe, and Hope's personal office has also been meticulously restored, featuring convenient visitor parking outside. The property contains an additional two-bedroom apartment above the garage, along with staff quarters in the courtyard off of the main house. Restaurants, shopping, and private aviation are moments away, providing a life of ease and comfort. Elegant and timeless, this estate offers a treasure trove of history, style, and luxurious Los Angeles living.

Listed by: Kevin Dees, The Agency

Find out what's happening in North Hollywood-Toluca Lakefor free with the latest updates from Patch.

For more information click here. See more photos of the listing below, courtesy of The Agency:

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Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency
Listed by: Kevin Dees, The Agency

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