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Drew and Jonathan Scott, the stars of HGTV’s “Property Brothers,” have not been slowed by the global pandemic. Apparently, they’ve been busy house shopping.
The brothers of the wildly popular home improvement shows have been finding, buying, and fixing up properties for their series, most recently in the Los Angeles area. Drew Scott revealed his “Honeymoon House” renovation in L.A.’s Hancock Park a few years ago.
Then, they snapped up the fixer-upper next door as another real estate investment.
The brothers seemed to be aiming higher when, last month, a home landed on the market that Drew renovated and “reimagined” for a whopping $7 million.
But the most recent home purchase may be their most expensive to date. According to Variety, they have reportedly picked up a Los Angeles estate in the tony Brentwood neighborhood for $9.5 million.
The home they’ve reportedly scored had languished on the market for quite a while. Five years, to be exact.
In 2015, it went up for sale with a list price of $14.5 million. The price was sliced three times in the past half-decade, before the brothers made their move.
Granted, the main house on the two-parcel, 1-acre property isn’t exactly a faded fixer-upper.
It’s spacious enough for one or even both brothers to settle in for the long haul (plus, there’s a guesthouse on the premises). The charming Colonial residence offers large formal spaces and an abundance of outdoor space.
But buying a property and keeping it as is isn’t really the Scott Brothers brand. It certainly isn’t what keeps viewers tuning in to their multiple home improvement shows.
So what did they get for their millions?
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The gated property’s highlight is a 1930s-era Colonial designed by Gerard Colcord, an architect to the stars.
The listing details note that the home could be either “renovated or replaced.” Colcord designs have been owned by the likes of Harrison Ford, Dean Martin, and Nicolas Cage.
Casting our gaze on the listing photos with an eye toward renovations, we could see where walls could fall, such as the one blocking the kitchen flow to the casual dining area.
The floor plan includes five bedrooms, six full bathrooms, and two half-bathrooms. With over 6,000 square feet, the spacious layout includes a formal living room and dining room, family room, breakfast room, bar, and library.
There are a total of three fireplaces, and plenty of glass doors opening outside. The main bedroom includes a sitting area and a huge bathroom with a free-standing tub.
We can envision the backyard spruced up with the “Property Brothers” treatment. The grounds already include a brick patio, winding paths, a pool, spa, and tennis court.
Plenty of room is left to expand and update the outdoor living areas, such as enlarging the patio and adding an outdoor kitchen and fire pit, among other amusements.
Meanwhile, we hope that when the Scotts arrive with their toolbelts, the cameras will be rolling.
Mary Lu Tuthill with Coldwell Banker Realty-Brentwood represented the seller. Kennon Earl Compass represented the buyer.
The post Property Brothers Drew and Jonathan Scott Purchase $9.5M Brentwood Estate appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/property-brothers-drew-and-jonathan-scott-purchase-brentwood-estate/
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