A Calabasas ranch owned by former Warner Bros. govt Bob Daly and his spouse, the hitmaker Carole Bayer Sager, is in the marketplace for $24.995 million.
The property, often known as Oaktree Ranch, spans roughly 19 acres and incorporates a three-bedroom 7,500-square-foot main residence, a caretaker’s dwelling and an eight-horse secure with a secure supervisor’s workplace.
A pool, one-bathroom cabana and lighted tennis court docket add to the choices.
Information present Daly and Sager have owned the ranch, comprised of two separate parcels purchased inside days of one another, since June 1999. In July of that very same yr, the Los Angeles Instances reported the couple paid $6 million for “a 17.4-acre ranch within the hills of Malibu.” In line with county paperwork, the couple additionally bought the neighboring 1.43 acres, the placement of the caretaker’s dwelling on the entrance to the ranch, for $825,000.
Daly and Sager commissioned architect Mark Rios to design the primary residence, a country fashionable ranch accomplished in 2003.
Contained in the wooden and glass abode is an open-concept floorplan with tall cathedral-vaulted ceilings, skylights and two staircases. A wall of bookcases strains the staircase to the first suite, which takes up all the second flooring and options an workplace, spa-inspired lavatory and spacious walk-in closet.
Downstairs are two extra bedrooms linked to personal loos, a gymnasium and a house workplace. The principle stage additionally accommodates the primary dwelling space and kitchen, which opens to a breakfast nook.
Different highlights embrace two corrals and rooster and pigeon coops.
Daly informed the Wall Avenue Journal, which first reported the itemizing, he retains a pony, miniature horses, goats, chickens and pigeons on the ranch.
Stephen Shapiro and Kurt Rappaport of Westside Property Company maintain the itemizing.
Daly, 86, is an leisure boss who led CBS Leisure and Warner Bros. After stepping down as chairman and co-CEO of Warner Bros. in 1999, the Brooklyn native who calls Bel-Air dwelling helped run the Los Angeles Dodgers because the group’s managing companion, chairman and CEO. He bought the group to Frank McCourt in 2004.
Sager, 76, is a multi-award-winning artist who has written greater than 400 songs throughout the many years, together with “Don’t Cry Out Loud,” “Groovy Form of Love” and “Arthur’s Theme (Greatest That You Can Do).” She co-wrote that tune along with her then-husband Burt Bacharach, Peter Allen and Christopher Cross. Different credit embrace “The Prayer,” the “Ice Castles” theme “By the Eyes of Love” and “That’s What Buddies Are For.”