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In March 2019, the former home of the record producer Phil Spector landed on the market for $5.5 million. The infamous residence hasn’t attracted a buyer, and its price was recently cut yet again. It’s now available for $4,428,000.
The reason for the nearly 20% drop in price? It might have something to do with the events of 2003 that took place in this SoCal home, known as the Pyrenees Castle. The actress and model Lana Clarkson was shot dead in the home, after spending a single evening with Spector.
Although the music legend maintained that Clarkson’s death was an “accidental suicide,” he was convicted of second-degree murder in 2009 and sentenced to 19 years to life in prison. He’s currently in custody at the California Health Care Facility in Stockton and will be eligible for parole in 2025.
Spector bought the European-style manor in the Los Angeles suburb of Alhambra for $1.1 million in 1998.
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The lack of buyer interest isn’t due to a lack of swanky features within the now-notorious home.
Measuring in at 10,590 square feet, the home sits on a wooded 2.66-acre lot. Built in 1925, it’s outfitted with all the glamorous bells and whistles that its French architect, Sylvester Dupuy, was known for. Dupuy designed the structure to be the largest private residence in the area, and it remains so nearly a century later.
There are turrets, fountains, grand fireplaces, ornate wrought iron, elegant inlaid wood floors and paneling, as well as crystal chandeliers. Luxe features include a hair salon and a pub-style bar.
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Extending over two wings, which mirror each other, the grand mansion has a total of 12 bedrooms, 13 bathrooms, and a four-car garage with guest living accommodations above it.
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Over the years, upgrades have been made to the home’s infrastructure, tile roof, bathrooms, plumbing, and kitchen. It would be a considered a landmark even if it weren’t for its infamous history.
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Spector, 80, was a hit-making record producer and songwriter who was inducted into the Rock and Roll Hall of Fame in 1989. He’s credited with developing the Wall of Sound technique and worked with a wide range of pop and rock artists over his decades in the music industry.
The post Price of the Notorious Phil Spector Mansion in SoCal Sinks Even Lower appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/price-of-the-notorious-phil-spector-mansion-drops-again/
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