Pacific Palisades House With Converted Bomb Shelter Sells for $24.5M

Rustic Lane home sells after three price cuts

By Dolores Quintana

The property at 14180 Rustic Lane in the Pacific Palisades has finally sold as reported by The Real Deal.com. The property was on the market from July of 2022 and was listed at $37.5 million with the sale finally closing at $24.5 million on January 5, 2023. The price of the home, which has a wine cellar that was converted from a bomb shelter, was cut three times in an effort to sell it. 

The seller Rita DeLeone was represented by Tracy Tutor of Douglas Elliman and Santiago Arana of The Agency. De Leone bought the home in 2021 from a mystery seller according to Mansion Global and documents related to the sale. The final price was $2,450 per square foot.

Strangely, the home has more than one address, in addition to the former bomb shelter on the property. The other address is 14180 West Sunset Boulevard and the property has the name Valley Farm. The Wall Street Journal related the story of the bomb shelter from the Cold War era that was converted by the owners into a “wine cave” that can store 1,000 bottles. 

The new owner’s identity is not yet known either, as it was purchased by an LLC called Birdsong Central LLC. The buyer was repped by Coldwell Banker Realty agent Barbara Adler and eXp Realty agent Holly Messer. The real estate broker’s listing does inventory the property’s features like the 11 bathrooms, guest house, bocce ball court, a grove of olive trees, fruit orchards and pool and is located nearby the Riviera Country Club.

Related Posts

Actress Chanel Maya Banks Found in Texas, Family Disputes LAPD’s Closure of the Case

November 14, 2024

November 14, 2024

Family Questions Authenticity of Inflammatory Social Media Posts The events in the case of Chanel Maya Banks, the Playa Vista-based...

No Injuries Reported After Multi-Acre Brush Fire in Palisades

November 13, 2024

November 13, 2024

No Evacuation Orders Were Issued A multi-acre brush fire that erupted Wednesday morning near multimillion-dollar homes in Pacific Palisades was...

SANTA MONICA HOTELS OFFER EXTRA BEDROOM PROGRAM FOR LOCALS WELCOMING VISITORS

November 13, 2024

November 13, 2024

SANTA MONICA, Calif. (November 11, 2024) – Santa Monica Travel & Tourism announces the return of the popular “I Wish...

(Video) What Parents Love about Vistamar’s Open House v1

November 13, 2024

November 13, 2024

Why attend a Vistamar admissions open house? Parents talk about all that you can experience when you visit. At Open...

Tesla Involved in Metro Train Collision in Santa Monica

November 12, 2024

November 12, 2024

This Collision Follows a Similar Trend of Car-Train Incidents in the Region A Tesla collided with a Metro E Line...

9th Circuit Court Blocks Modular Housing Plan for West L.A. VA Campus: Report

November 12, 2024

November 12, 2024

The Order Follows Judge Carter’s Directive in August for the VA to Create 1,800 Permanent Supportive Housing Units and 750...

Theatre Palisades Presents Steven Dietz’s Private Eyes, a Comedy of Deception and Intrigue

November 12, 2024

November 12, 2024

Comedy thriller Private Eyes explores love, betrayal, and illusion in Theatre Palisades’ latest production Theatre Palisades opens its latest production,...

LAUSD Teacher Charged with Sexual Assault on a Minor, Police Believe There May Be Other Victims

November 12, 2024

November 12, 2024

LAPD Asks Other Potential Victims to Come Forward and Seek Justice  Los Angeles County District Attorney George Gascón announced on...

Driver Commits Suicide at Scene of Santa Monica Traffic Collision

November 12, 2024

November 12, 2024

The Santa Monica Police Department Is Investigating the Circumstances A traffic collision between a pickup truck and a motorcycle on...

Brooke Shields’ Former Palisades Estate Listed for $8.65M: Report

November 11, 2024

November 11, 2024

Built in 1982, the Three-Story, Chalet-Style Home Spans 5,345 Square Feet and Sits on a 0.43-Acre Lot The former Pacific...

Discover Award-Winning Urgent Care at Saint John’s Physician Partners

November 11, 2024

November 11, 2024

When life throws health surprises your way, you shouldn’t have to wait. That’s why Saint John’s Physician Partners Urgent Care...

Beverly Hills High Limits Student Gatherings After Pro-Trump Rally Disrupts Campus

November 11, 2024

November 11, 2024

Principal Cites Safety Concerns Following Post-Election Demonstration Beverly Hills High School has put limits on student gatherings after a pro-Trump...

Racist Text Messages Target Students in Santa Monica, West LA, Raising Alarm Among Schools, Families

November 11, 2024

November 11, 2024

Outrage Spreads as Disturbing, Racially Charged Messages Reach Students and Others By Dolores Quintana Schools on the Westside of Los...

Here’s How Pacific Palisades Voted in The 2024 General Election

November 11, 2024

November 11, 2024

See How Ballots Were Cast in Palisades’ Five Voting Precincts By Zach Armstrong Preliminary results show how Pacific Palisades voted...

“Caterpillar Soup” Returns to Santa Monica Playhouse for 20th Anniversary Performances

November 8, 2024

November 8, 2024

Written and Performed by Lyena Strelkoff, the Autobiographical Production Explores Her Journey After a Paralyzing Fall The critically acclaimed one-woman...