Michelle Pfeiffer and her television producer husband David E. Kelley have a liking for Los Angeles’ upscale Westside. Over the last five years, the pair has acquired and sold a number of residences in the area, usually at exоrbitant rates. They struck a well-publicized arrangement two years ago to sell a Pacific Palisades property for $25 million to the ex-wife of a big TikTоk investor. They also sold a huge Brentwood house for $18 million to its current owner, Disney CEO Bob Iger, back in 2005.
The serial house flippers are back at it; documents show they paid $10.6 million for a home in a particularly desirable section of the Pacific Palisades Riviera. The 7,600-square-foot mansion is just next door to Bill Cosby’s longstanding L.A. home, and it’s also within sugar-borrowing distance of Steven Spielberg’s, Sugar Ray Leonard’s, and Dan Castellaneta’s mansions.
The Mediterranean-inspired property was built in 1993 and previously sold in 1995 for $2.8 million to famed winemaker Al Scheid, who died in the house earlier this year. Kelley and Pfeiffer were anxiоus to get their hands on the keys to their very beige new castle, and they paid $130,000 more than the Scheids’ initial asking price.
The extraordinarily tall trees that encircle the 0.38-acre property characterize it; they dominate the front motorcourt, which is double-gated and has an attached three-car garage. The arched double entrance doors lead into a huge formal entryway with a soaring staircase. A fireplace-equipped living room with multi-pane windows is located to the right of the entrance.
The family room, with its granite-topped wet bar and burled hardwood flooring, and the kitchen, which spills out into ‘an informal secondary family room’, according to the listing, are among the other rooms that are pleasingly lavish ’90s design throwbacks. Upstairs are four of the home’s five bedrooms, all of them decked out in wall-to-wall carpeting. The supersized primary suite features a fireplace, dual closets, a sitting area, and a private balcony overlooking the grassy yard.
Out back, a vine-draped loggia serves as an outdoor eating area, and terracotta tile steps lead down to a rectangular swimming pool surrounded by planted hedgerows and palm trees.
Pfeiffer and Kelley have links to this smaller Palisades house, which is presently on the market for $7.4 million. According to Open House Foto Records, this is not Pfeiffer and Kelley’s only Pacific Palisades property. They also have a much smaller and older house in the neighborhood that is now on the market for $7.4 million. In late 2021, the couple discreetly paid $6.9 million for the 1940s home.