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6.19.2008

Wolf’s Lair - Durand Drive, Los Angeles, CA

Honestly, if you consider the amount of dough celebrities and social figures are dishing out for homes in Los Angeles, $7.5 million might seem like a walk in the park in comparison. Wolf’s Lair, a walled and gated castle estate whose property stretches over 3 miles, is up for sale.

The castle was built in the 1920s by late real estate developer L. Milton Wolf and is a 5.485-square-foot property containing eight bedrooms and six bathrooms. Whereas many mansions have the tricked-out home theater system that’s big in today’s home décor, Wolf’s Lair includes a black-bottomed, heart-shaped pool, pool house, cabana, and 1920s speakeasy, in case your friends get tired of getting drunk on your couch and are up for a change.

Wolf’s Lair is notable among California’s elite due to its developer’s old school industry status – Wolf is one of three artists responsible for creating the development atop which the iconic “HOLLYWOOD” sign still stands today. Got a few mil lying around? It’s in a pretty sweet spot that overlooks much of Los Angeles and Lake Hollywood, which makes for a pretty impressive nightcap selling point.

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