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

THIS WEEKEND: Fire Fundraiser Block Party Coming to Washington Square

February 6, 2025

February 6, 2025

Reggae performances, comedy acts and more to be featured Nalu Vida will host a community block party on Feb. 8...

Open Arms Art Show Runs Through Mar. 22 in Burbank

February 6, 2025

February 6, 2025

Opening Exhibition Saturday Feb. 8 from 12 to 8p.m. More than an art show, the Open Arms Exhibition is an...

Quiet Luxury: What’s Inside the New Regent Boutique and Sweet July

February 6, 2025

February 6, 2025

The Regent Santa Monica Beach, known for its perfect Santa Monica getaways, or local dining at its Mediterranean-based restaurant Orla...

10-Year-Old Palisades Girl Wins Martial Arts Medals Weeks After Losing Home to Fire

February 6, 2025

February 6, 2025

Savoian, a green belt in Yoshukai karate, trained at Gerry Blanck’s Martial Arts Center in Pacific Palisades Just weeks after...

(Photos) Kamala Harris Visits Destruction of Palisades Fire

February 6, 2025

February 6, 2025

Harris spoke with first responders, service providers, and evacuees about recovery efforts and resources Former Vice President Kamala Harris joined...

Pacific Palisades Farmers Market Finds New Temporary Home in Brentwood After Fire

February 5, 2025

February 5, 2025

Displaced Vendors and Shoppers Reunite at the Brentwood Farmers Market. The Pacific Palisades Farmers Market, displaced by the recent Palisades...

SaMoHi Science Teacher Arrested for Alleged Student Relationship

February 5, 2025

February 5, 2025

Ingo Gaida Faces Misdemeanor Charges After Investigation into Inappropriate Conduct A Santa Monica High School science teacher was arrested Wednesday,...

Dead Body Found on Sands of Venice Beach, Investigation Underway

February 5, 2025

February 5, 2025

A death investigation is underway By Zach Armstrong A death investigation is underway after local officials discovered a dead body...

Will Rogers State Beach to Become Temporary Hazardous Waste Site

February 5, 2025

February 5, 2025

The site, located on flat, open land near the burn zone, will serve as a staging area where materials will...

Santa Monica’s Earth, Wind & Flour to Close After More Than Four Decades

February 5, 2025

February 5, 2025

Known for its laid-back atmosphere and commitment to traditional California Italian cuisine, Earth, Wind & Flour has remained largely unchanged...

Supermarket Reopens in Palisades Following Wildfire Damage

February 4, 2025

February 4, 2025

The store is currently operating on a generator until power is fully restored The Vons supermarket at 17380 W Sunset...

Palisades Charter High School to Host Benefit for Students Affected by Fires

February 4, 2025

February 4, 2025

Proceeds from the benefit will go toward replacing essential student resources lost in the fires, including sporting equipment, musical instruments,...

World-Renowned Trumpeter Plays on Ruins of Palisades Home

February 4, 2025

February 4, 2025

Lindemann, a professor at UCLA and a former lead trumpeter with the Canadian Brass, has performed in prestigious venues worldwide...

Santa Monica Continues to Seek Partnership to Reopen Civic Auditorium

February 4, 2025

February 4, 2025

The selection process for a development team began in late 2023, when the City Council invited Letters of Interest from...

(Video) Los Angeles Marathon Returns For 40th Anniversary

February 4, 2025

February 4, 2025

Register at mccourtfoundation.org Register at https://t.co/JUuzwhVeun pic.twitter.com/3m3wiyoBm4 — Palisades News (@PalisadesNewsLA) February 4, 2025