It’s something you’d expect to see flying high in the sky, but entertainment legend Bob Hope’s spaceship-resembled expanse is perched high up in the Coachella Valley of Palm Springs, and just recently sold for $13 million.
It’s a far cry from the original $50 million asking price in 2013, which was eventually dropped down to $24.999 million in 2014. However, it’s still among the most expensive home sales in history in the Coachella Valley, which is known to be home to plenty of classic Hollywood icons over the decades.
Built for Bob Hope and his wife, Dolores, in 1979 by famed Modernist architect John Lautner, the unique home sits on 6.2 acres with glorious views of the valley below. All 23,366 square feet of the home used materials including concrete, steel, copper, and glass in its construction, which is the largest private residence Lautner has ever designed.
The 10-bedroom, 13-bathroom futuristic home features a curved copper roof that closely resembles something one would see at Disneyland’s ‘Tomorrowland’, with an incredible circular skylight right in the middle of the roof.
There’s plenty of architectural genius and wonder throughout the home, including a towering fireplace in the great room, a boulder in the living room, and an oculus over the rear courtyard.
In true Coachella style, the Hopes hosted a number of classic parties and get togethers, with such legendary guests including George Burns and Jimmy Stewart.
While the home certainly resembles a UFO, the design was actually inspired by the shape of a volcano, which definitely goes quite well with the surrounding desert. Floor-to-ceiling windows throughout the expanse offer magnificent views of the glorious surroundings.
Outside is every amenity one would expect from a Hollywood powerhouse’s Coachella residence, including a sprawling swimming lagoon-style swimming pool, waterfall, pond, and a putting green. There’s also a second pool indoors for the new residents to take the plunge out of the scorching desert sun.
The buyer is reported to be billionaire investor Ron Burkle, who boasts an estimated net worth of $1.54 billion. In fact, 64-year-old Burkle took out mortgages for a number of lots in Palm Springs, including the mortgage underlying Hope’s home. He’s even tried his hand in the entertainment industry and had an equity stake in Relativity Media, which was responsible for helping to produce big-name movies like “Bridesmaids” and “The Social Network.”
The co-founder of The Yucaipa Companies, LLC, also owns properties in Beverly Hills, New York City, and London.
In the meantime, Hope’s daughter Linda is still searching for a buyer for her parents’ longtime Toluca Lake home. The property was built specifically for the couple, who expanded and remodeled it many times during the time that they called the place home.
Bob passed away on 2003, and his wife followed in 2011.
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(all data current as of 10/19/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.