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Lee Iacocca’s longtime Bel-Air property sells for $27.7 million



The longtime house of Lee Iacocca, the overdue automotive visionary who evolved the Ford Mustang and stored the Chrysler Corp. from chapter, simply traded palms in Bel-Air for $27.7 million.

Iacocca lived in the house for almost 3 many years, entertaining visitors similar to Frank Sinatra and Ronald Reagan, sooner than he died in 2019. His daughter bought the property a 12 months later for $19.5 million to Lilly Ghalichi, a truth TV famous person who gave the impression within the Bravo display “Shahs of Sundown.”

The sale marks a snappy and a hit turn for Ghalichi. She and her husband, Dara Mir, renovated the interiors all over their two-year keep sooner than checklist it for $32 million in April and touchdown an be offering not up to a month later.

Italianate in taste, the mansion is hidden at the back of gates on the finish of an extended, tree-lined driveway close to Resort Bel-Air. 4 columns body the access, which ends up in a grand lobby with double-height ceilings.

The ten,700-square-foot flooring plan additionally holds six bedrooms, seven bogs and a handful of formal areas similar to a wood-paneled den and temperature-controlled wine room. 2d-story balconies fail to remember the landscaped grounds whole with a swimming pool and tennis court docket on over an acre.

Tyrone McKillen and Andrew Hurley of Compass held the checklist. Ginger Glass and Christopher Cortazzo, additionally with Compass, represented the consumer.



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