A historic Beverly Hills mansion built in 1934 for Hollywood actor Fredric March sold for $32.5 million in August 2020, decades after the home was first built and years after former couple Brad Pitt and Jennifer Aniston owned it.
The 12,000-square-foot estate attracted attention for its rich Hollywood history, classic architecture and luxury features. The property was sold to an undisclosed buyer in an off-market deal after its asking price dropped from $56 million to $44.5 million, according to TODAY.
March, one of Hollywood’s best-known actors during the 1930s and 1940s, had the home built for himself and his wife, actress Florence Eldridge. The property was designed by architect Wallace Neff, who became known for creating grand homes across Southern California.
Fredric March posed for a portrait in 1934.Photo by: Universal History Archive/Universal Images Group via Getty Images
The mansion sits on about 1.2 acres of land in the Beverly Hills area. Its history includes several well-known owners, including philanthropist Wallis Annenberg and former Hollywood power couple Pitt and Aniston, per Wall Street Journal.
The mansion was built in 1934, when March was a leading figure in American movies. He won two Academy Awards for his acting, earning his first for Dr. Jekyll and Mr. Hyde (1931) and his second for The Best Years of Our Lives (1946).
March also appeared in films such as A Star Is Born (1937), I Married a Witch (1942) and Inherit the Wind (1960). His career included stage performances, and he won two Tony Awards for his work on Broadway.
His wife, Florence Eldridge, was also an actress. The couple married in 1927 and remained together until March’s death in 1975.
Designed by Wallace Neff, the estate has been described as both Tudor Revival and French Norman in style. The property also appeared in the January 1934 issue of Architectural Digest, adding to its long history in the world of architecture and design.
Over the years, the mansion passed through several hands. Its previous owners included photographer and Vanderbilt descendant Shirley Burden, philanthropist Wallis Annenberg and entertainment lawyer Ken Ziffren.
Despite these changes in ownership, the home’s historic exterior remained largely intact. Listing agent Susan Smith told TODAY Home that the house had only had “five or six owners” over the decades.
Brad Pitt and Jennifer Aniston became owners of the property in 2001, when they purchased it for about $13.5 million.
At the time, the two actors were married. Their relationship attracted major public attention, and their former home later became known as one of the properties connected to their years together.
The couple spent years updating and expanding the mansion. Their changes included heated marble floors in the kitchen, a private screening room and a pub room with wood flooring imported from a 200-year-old French château.
These improvements added modern comforts while keeping the house’s classic character.
Pitt and Aniston divorced in 2005. The mansion was subsequently sold, with reports placing its sale in 2006. The property later appeared on the market again in 2019, carrying an asking price of $56 million.
The asking price was reduced to $44.5 million in March 2020. The home was then removed from the public market and sold in an off-market deal for $32.5 million that August.
The final price was more than twice the $13.5 million Pitt and Aniston paid when they bought the property in 2001.
The identity of the buyer in the 2020 sale was not made public in the reports at the time. At the time of its 2020 sale, reports described a property with five bedrooms and 12 or 13 bathrooms, depending on the source.
The home also included large living spaces, a formal dining room, a screening room and two wet bars. Its dining room could seat up to 20 people, making it suitable for large gatherings.
The kitchen featured heated marble floors, one of the upgrades made during Pitt and Aniston’s ownership. Other interior details included a fireplace in the formal dining room and a luxurious main bedroom suite with vaulted ceilings.
A bar area could also be turned into a screening room using a digital projector that rose from the floor. The property included a private exercise room as well.
Outside, the estate offered a swimming pool, landscaped grounds, tennis facilities and a separate guest house. The grounds extended across about 1.2 acres, with the gated property offering access from two streets.
A tennis court and pavilion added to the home’s outdoor amenities. The combination of indoor entertainment spaces and outdoor recreation areas made the property suitable for hosting guests.
The house’s design also preserved details associated with its early history. Its brick exterior, classic architectural features, and distinctive tower gave the mansion a different character from newer luxury homes in the area.
For March, the house remains part of the story of his life beyond the screen. For Pitt and Aniston, it is a reminder of a home they shared during their marriage and improved before selling it.
Related: In 1979, Bob Hope built a 23,600-square-foot futuristic Lautner-designed home; decades later, it sold for just $13 million, a fraction of its $50 million asking price
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