The slow burn is over for Jim Belushi: After four years on the market, the comedian’s longtime mansion in the Brentwood section of Los Angeles has sold for $30 million, records show.
The Northern Italian-style property, which was custom built for the actor, comedian, and cannabis farmer in 2007, has seven bedrooms and 11 bathrooms and spans 14,371 square feet. According to property records, it sits on more than an acre in Brentwood Park and is the third most expensive transaction in the exclusive enclave this year.
The property, which was designed by Oscar Shamamian and with interiors by Michael Smith, was first advertised for $38.5 million in September 2017. Several iterations of the property (with and without an adjoining parcel) appeared in the MLS.
The actor made several attempts to sell the massive Brentwood property over the last few years, offering it for as much as $38.5 million.
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According to listing documents, the price was reduced to roughly $30 million in 2018 before being pulled off the market. It was relisted in March 2019 for just under $28 million, but by September, the price had risen to $38 million. It was listed for $33.5 million the most recent time it was on the market.
According to public documents, Belushi, 67, bought the land in two transactions, the first for $4.2 million in 2003 and the second for $8.3 million in 2007. He razed a 1950s house on the first lot to build the mega-mansion that now stands on the land, building records show.
Throughout the house, imported tiles from Italy, Morocco, and Venezuela, as well as travertine limestone from Turkey, were used. According to the listing, there are also imported hand-carved stone fireplaces.
Los Angeles’ luxury real estate market, particularly in Westside pockets like Brentwood, has reached new heights during the pandemic.
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According to the description, other features include a vaulted ceiling living room, a formal dining room, a gourmet kitchen with French doors opening to the lawn, a pool and spa area, a pavilion, and a guest house. A wine room with a full bar is another perk.
Belushi’s acting credits include “Saturday Night Live” and “According to Jim” on television, as well as the 1991 film “Curly Sue.” He is the younger brother of late “Saturday Night Live” veteran John Belushi, who died in 1982 at the age of 33.
According to his website, he now runs Belushi’s Farm, a 93-acre operation in Oregon’s Rogue Valley that grows and distributes cannabis and cannabis products throughout the state.
Earlier this year, music mogul Scooter Braun set a record for the area when he paid $65 million for a modern farmhouse in the neighborhood.
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Brentwood Home Prices Hit New Highs In 2021
When it comes to Los Angeles’ luxury micro-markets, no community has seen as much growth throughout the pandemic (save from Malibu, perhaps) Brentwood. Earlier this year, music mogul Scooter Braun set a record for the area when he paid $65 million for a modern farmhouse in the neighborhood.
Braun, a record executive known for his public feud with Taylor Swift, purchased the brand-new property from Larry Paul, a venture financier whose family owns the Pittsburgh Steelers’ second-largest ownership stake.
Also selling this year was a 30,000-square-foot, toy-filled spec mansion that closed at $44 million. The over-the-top residence, which featured a 1,000-gallon aquarium and a sports simulation room, was purchased by hedge fund manager Jeffrey Feinberg.
