Miramax's Tutor Leases Out Mansion Outside Los Angeles
February 14, 2011 - Los Angeles
By Juliet Chung from The Wall Street Journal Asia
The property was listed for $18.9 million last January and had most recently been asking $12.9 million.
Mr. Tutor, chief executive of construction company Tutor Perini, bought the original property in 1993 and bought an adjacent lot.
The resulting, gated 3.4-acre estate is located in Hidden Hills, 30 miles northwest of Los Angeles, and has a lake, pool and tennis court.
The main, Tudor-style house has seven bedrooms and connects via a bridge to an entertaining annex with a poker room, arcade and ballroom that can accommodate hundreds. There's also a guest house and staff housing.
The listing broker was Partners Trust's Tracy Tutor Maltas, Mr. Tutor's daughter. In 2008 he bought a 27,000-square-foot home in Los Angeles.
This article has been republished from Wall Street Journal
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