Real Estate Industry News

With its wrap-around porch, gently gabled roofs and saltbox design, this newly listed Bel-Air home seems more likely to be found in New England than Southern California—but a hillside setting overlooking the canyons and the city below makes it quintessentially Los Angeles.

And like many L.A. properties, this one comes with its own slice of celebrity history. The $12-million residence was previously owned by media mogul and racecar team owner Jay Penske, who sold the place in 2011 to Inspector Gadget creator Andy Heyward for $7.25 million. During Heyward’s ownership, the property was extensively enhanced before selling in 2018 for $8.5 million.

Tucked behind a private gate at the end of a long driveway, the traditional-style home went through extensive reimagining in 2011, including changing the exterior facade from brown shakes to white wooden siding.

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The 5,580-square-foot layout fits five bedrooms, 5.5 bathrooms, a step-down living room, a center-island kitchen, and a formal dining room.

Wide paneled wooden floors run throughout, as do a variety of decorative touches like shiplapped ceilings, beaded crown molding and ornately framed fireplaces.

French doors lead to a library outfitted with impressive wood-paneled shelving.

Upstairs, two balconies are attached to the primary suite, including dual-walk-in closets and a spa bathroom with a standing tub.

Though more traditional in styling and design, the home features luxury spaces such as en-suite guest rooms, a movie theater and a wine tasting room.

Shaped to the hillside, a spacious patio backs the property and takes in far-reaching views.

An expansive, grassy lawn wraps from front to side of the home, leading to the salt-water infinity pool.

The listing is held by Denise Moreno and Gordon MacGeachy of Beverly Hills-based Hilton & Hyland.


Hilton & Hyland is a founding member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.