Frank Sinatra’s Former Estate Flipped Onto Market for $23.5M

Less than a year after snatching up this Holmby Hills estate Brad Grey, the CEO and chairman of Paramount, has flipped it back onto the market. Listed for $23.5 million, the Mediterranean-style property was once home to Frank Sinatra who bought the house in 1948 for $250,000. View the listing.

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Less than a year after snatching up this Holmby Hills estate Brad Grey, the CEO and chairman of Paramount, has flipped it back onto the market. Listed for $23.5 million, the Mediterranean-style property was once home to Frank Sinatra who bought the house in 1948 for $250,000. <a href="http://www.redfin.com/CA/Los-Angeles/Undisclosed-address-90077/home/6824246" target="_blank">View the listing</a>.
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This past spring, Grey and his new bride Cassandra Huysentruyt hosted their lavish wedding at the impressive estate. According to <I>The Hollywood Reporter</i>, the newlyweds have "fallen in love" with another home Grey owns in Bel Air and have decided to permanently decamp there.
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Grey sure moves on fast! All of his furniture is gone and the home is completely vacant.
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The Holmby Hills estate measures 8,631 square feet and is situated on 2.2 acres of park-like private grounds.
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A view of what was likely the living room in Sinatra (and now Grey's) former crib. Sinatra only lived here for one year. He reportedly had a "rocky tenure" at this mansion as his soon-to-be ex-wife Nancy Barbato Sinatra changed the locks of the home when they both resided here. The couple divorced a year later.
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Grey snatched up this North Carolwood Drive pad less than a year ago for $18.5 million. Is it possible that Grey merely purchased the estate to host his wedding?
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A view of the wood paneled library. The 1936 home features seven bedrooms and seven bathrooms.
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Grey is said to have considered completely remodeling the spread, or building a new house in its place. The Paramount CEO decided to forego the project and list the property instead.
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Rolling grassy hills and a lush landscaped backyard surround this luxe mansion.
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A view of the swimming pool area. Other celebs who own in this star-studded hood are Danny DeVito and Rhea Perlman, philanthropist Suzanne Saperstein and television producer Bradley Bell.
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