After five years on and off the market, the longtime Los Angeles home of television writer and producer Norman Lear is finally in contract.

The sales price is close to the home’s most recent asking price of $28 million - but less than half of its original listing price. 

Still, if it closes the sale will be among the most expensive ever done in Brentwood.

The buyer is Jean-Marc Chapus, co-founder and managing partner of Crescent Capital Group, a Los Angeles-based investment firm.

Lear’s incredible 8.23-acre estate, located just north of Sunset Boulevard, features a 14,000-square-foot main house, a guesthouse, and executive staff and security offices. 

The residence’s lavish amenities include a gym, a 35-car garage, expansive gardens, a pool and spa, an outdoor kitchen, and a tennis court with a viewing terrace.

In the main home, there are seven bedrooms, eight baths, and four half-baths, as well as a two-story library, wood-paneled den, professional media room, and spacious chef’s kitchen with a breakfast room.

Source: WSJ