Real Estate Market Continues to Improve as Bob Hope’s Estate Gets Listed

10346 Moorpark St, Toluca Lake, CA 91602

The numbers are in and home prices in the US rose 12.4% in June when compared to home sale prices one year ago.  Low inventory continues to have a big impact on price.  Experts predict that an increase in the number of homes being built and the increase in interest rates may lead to a slowing down of the current scenario but overall results will continue to be positive.

10346 Moorpark St, Toluca Lake, CA 91602

Bob Hope’s estate in Toluca Lake, California has been listed for $27,500,000.   This is truly a spectacular home (really a compound); once you drive through the front gate you really never need to leave!  There is both an outdoor pool and an indoor pool and spa, a guest house, staffs quarters and of course, a private golf course!

The original architect, Robert Finkelhor, designed the home in 1939 and was responsible for designing many notable Hollywood celebrities and executives homes, including Harpo Marx. 

In the 50’s the home was updated with a more contemporary style by architect John Elgin Woolf who also worked for many celebrities including John Wayne, Cary Grant and Greta Garbo.  One beautiful home updated by Woolfe was most recently rented by designer Nate Berkus.  

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