Gloria Vanderbilt Estate Asks $16M in Beverly Hills

A Beverly Hills Flats pad to the stars has made its way onto the market for the first time in more than 70 years.

The Gloria Vanderbilt estate — named after the late fashion designer and socialite who once leased the property — is listed at $16.5 million for the six-bed, five-bath home. It was last on the market 72 years ago, according to the listing.

The late film and TV actress Noreen Nash was the last buyer and had been its long-time owner, residing there with her husband Dr. Lee Siegel, whose client roster included many Hollywood stars.

The 1920s traditional home, located at 719 North Maple Drive and totaling 6,138 square feet, carries big Hollywood history. Aside from its A-list owners, it also counted Elvis, Warren Beatty, film producer Robert Evans and actor Ali MacGraw as guests. Author Henry Miller had his wedding on the property, which can accommodate as many as 400 people seated and 14 cars.

719 North Maple Drive, courtesy of the Siegel family

Compass’ Josh Flagg holds the listing and described the home in a statement to The Real Deal as being on “the best block on one of the most coveted streets in the Flats.”

The residence sits on over half an acre and has a pool, a patio, a guest house and a library.

The listing is another notch for the Beverly Hills’ Flats neighborhood, which is known for its large, flat lot sizes. Activity there is healthy and then some, according to Flagg.

“The Flats are thriving,” he told TRD. “They’re like owning a Treasury bill. The value is always increasing. It’s the smartest investment through the good times and bad times.”

The most recent sale in the neighborhood is that of TV executive David Salzman, who sold his over 9,900-square-foot home at 702 North Sierra Drive, for $17 million on Wednesday.

The seven-bed, 11-bath home was marketed by Carolwood Estates’ Drew Fenton, Coldwell Banker Realty’s Jade Mills and Compass’ Ari Afshar. West Shores Realty’s Sharon Chang represented the mystery buyer.