Bob Hope house, Pond estate sales cap off hot Palm Springs summer

September 13, 2016 3:42 pm Leave your thoughts

 

Bob Hope house, Pond estate sales cap off hot Palm Springs summer

A look inside the 12 acre estate of Palm Springs Air Museum founder Robert Pond. The three house estate with enough garage space for a hundred cars is up for auction. (June 24, 2016) Richard Lui/The Desert Sun

 

Bob Hope’s former house in Palm Springs is under contract after three years on the market, listing agent Stewart Smith confirmed Friday.

The 23,000-square-foot house, designed by John Lautner, has long been one of Palm Springs’ most storied properties. Built for Bob and Dolores Hope in 1980, the house sits at the top of Southridge Drive with sweeping views of the Coachella Valley. The street is lined with famous homes, including the Lautner-designed Elrod House — which sold for $7.7 million to fashion designer Jeremy Scottearlier this year — and a home that once belonged to Steve McQueen.

Louis Vuitton showed its Cruise 16 collection in the Bob Hope house’s atrium in 2015, underneath its iconic concrete roof.

The home was most recently listed at $24.9 million. Smith declined to disclose the sale price or the identity of the buyer.

The Bob Hope house’s early September contract caps off a hot summer in Palm Springs real estate. Most recently, the Pond Estate sale closed earlier this month; Smith and Patrick Jordan of Patrick Stewart Properties, which is affiliated with Bennion Deville Homes, represented the seller, and Smith did not disclose details about the selling price or the buyer. The 12-acre compound was offered for auction in August, listed at its appraised value of $8.5 million.

In May, a home in Old Las Palmas belonging to sportswear designer Mark Ware sold for $5.75 million — at that time, the highest price ever in Palm Springs. That record has since been broken at least once, by the Elrod House, and possibly again by the Pond Estate and now the Bob Hope house.

Homes with Palm Springs’ famed Old Hollywood pedigrees have been changing hands, too: Kirk Douglas’ Palm Springs house, designed by Donald Wexler, fetched $3.5 million in June, and Cary Grant’s estate sold in May for $3.4 million.

Rosalie Murphy covers real estate and business at The Desert Sun. Reach her at rosalie.murphy@desertsun.com or on Twitter @rozmurph.

 

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