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America Age > Blog > Entertainment > Gene Wilder’s Bel Air Residence Value Slashed by $3.5M, Purchaser Should Protect Legacy
Entertainment

Gene Wilder’s Bel Air Residence Value Slashed by $3.5M, Purchaser Should Protect Legacy

Enspirers | Editorial Board
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Gene Wilder’s Bel Air Residence Value Slashed by .5M, Purchaser Should Protect Legacy
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Gene Wilder’s Bel Air dwelling simply had its worth slashed by $3.5M, now sitting at a still-eye-watering $9.5M … with a requirement that the longer term purchaser should protect the property’s legacy.

The itemizing agent, Drew Meyers of Westside Property Company, tells TMZ the earlier proprietor — Elon Musk — tacked on a restrictive covenant to the sale to protect the historic nature of the property … which means the home that was initially listed in August for slightly below $13M cannot be torn down.

Drew provides … “A home of this significance ought to by no means be torn down. It ought to be restored and introduced again to life whereas sustaining its lovely soul. We wish to make certain it’s offered to somebody who appreciates its timelessness.”


1119-gene-wilder-elon-musk-house-primary-3

Preserving the 4-bedroom, 5-bathroom dwelling’s timeless vibe has been the purpose for years — and it’s one thing Elon pushed for when he offered it to Gene’s nephew Jordan Walker-Pearlman in 2020 for $7M. Musk purchased it in 2013 for $6.75 million, earlier than promoting it to Jordan.

1119-gene-wilder-elon-musk-house-primary-2

Elon lent Jordan and his spouse $6.7 million to buy the house, however the dwelling went into default sale after they reportedly fell behind on mortgage funds.

Gene initially purchased the place again in 1976 for round $300K, dwelling there for many years earlier than promoting it in 2007 for $2.75M.

At 2,750 sq. ft, it’s positively a Hollywood gem — and now that it’s again in the marketplace, it ought to be stored up in a means that might’ve made Gene proud.

TAGGED:3.5MAirBelbuyerGenehomelegacyPreservepriceslashedWilders
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