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| Iacocca’s Tuscan-style mansion includes 10,682 square feet with five bedrooms and eight baths on over an acre near the Bel Air Country Club near Los Angeles, CA |
LOS ANGELES, CA -- America’s
favorite business leader from the 1960s to the ‘90s, one of the many things Lee
Iacocca was known for were his famous quotes including “In times of great
stress or adversity, it's always best to keep busy, to plow your anger and your
energy into something positive.”
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| Lee Iacocca |
Iacocca, the longtime
president of Ford Motor Company and chairman of Chrysler Corporation, could
switch from engineering to sales, marketing, CEO, charity fundraising and
politics with little effort, according to TopTenRealEstateDeals.com.
After introducing the Ford Mustang,
Lee jumped over to Chrysler where he launched the minivan concept, convinced
the U.S. government to loan Chrysler $1.5 billion, and saved the company from
collapse.
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| Ford Mustang |
He was well paid for his talent and by the
time he died in 2019, Iacocca was worth $150 million. His beautiful home in Los
Angeles, where he lived out his retirement before succumbing to Parkinson’s
disease, is for sale at $26.9 million.
Iacocca was born to
Italian immigrant parents who moved to Pennsylvania for work in the steel
industry and the extended-family hot dog business.
He proved himself to be a super achiever early on graduating with honors from high school, Lehigh for college and then winning a fellowship to Princeton.
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| Bob and Dolores Hope |
He proved himself to be a super achiever early on graduating with honors from high school, Lehigh for college and then winning a fellowship to Princeton.
Lee’s genius was in
connecting the dots in the roadmap to the future. His celebrity status was
cemented with the development of the Ford Mustang in 1964, the most successful
new car ever introduced in the U.S. earning a profit over $1 billion in just
its first two years, and saving Chrysler from the brink of disaster in 1979.
He did his own
Chrysler commercials and was a frequent guest on television talk shows. In
addition to the auto industry, Lee wrote several best-selling books; was
successful in the restaurant, food and gaming businesses and was well known for
heading the 1980’s Statue of Liberty restoration.
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| Frank and Barbara Sinatra |
He was a serious and popular candidate for
U.S. president in 1988, but decided not to run.
Iacocca’s Tuscan-style
mansion includes 10,682 square feet with five bedrooms and eight baths on over
an acre near the Bel Air Country Club.
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| Betty White |
There are four ensuite
guest rooms, a staff apartment, formal living and dining rooms, panelled
library and five fireplaces.
Huge open-plan rooms that spill out onto lovely terraces are perfect for large-scale entertaining while other spaces invite intimate gatherings.
Huge open-plan rooms that spill out onto lovely terraces are perfect for large-scale entertaining while other spaces invite intimate gatherings.
Crafted of luscious
materials and craftsmanship, the home is bright and cheerful while retaining an
elegant vibe. Immaculate grounds contain mature landscaping with outdoor living
areas accented with topiary.
A chef’s kitchen is
ready for enjoying family or guests. The master suite has a living area larger
than many mansions' formal living rooms on a scale reminiscent of historical
times when the aristocracy entertained guests in their private chambers.
Outdoor recreation includes a swimming pool,
spa and tennis courts to be enjoyed year-round in Southern California’s mild
climate.
After his death in 2019, automotive-pioneer Lee Iacocca’s estate, where he entertained Bob and Dolores Hope, Frank and Barbara Sinatra, Priscilla Presley and Betty White, is now for sale at $26.9 million.
After his death in 2019, automotive-pioneer Lee Iacocca’s estate, where he entertained Bob and Dolores Hope, Frank and Barbara Sinatra, Priscilla Presley and Betty White, is now for sale at $26.9 million.
The listing agents are
David Kramer and Rick Hilton of Hilton & Hyland, Beverly Hills.
CONTACT:
Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone: 434-480-4504
Twitter: @toptenrealestat
facebook.com/toptenrealestat
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone: 434-480-4504
Twitter: @toptenrealestat
facebook.com/toptenrealestat
