Jon Voight is hoping the relisting of his beautiful Beverly Hills, CA, estate gains a wider audience.
It initially came on the market in 2019 for just under $20 million. The price dropped to $14 million in 2020, then rose to $18 million in 2021. And now, it’s back at the higher amount of $21 million.
The property includes a four-bedroom, four-bath, 3,500-square-foot house with a pool. It was built in 1957 and later remodeled, according to the Los Angeles Times.
It’s likely been a while since the house was updated, because the listing does not include any interior photos. This is a common practice when the interiors aren’t ready for their close-up.
In this case, the value is clearly in the land, as the listing notes it’s a “prime development opportunity.”
The spread includes six parcels on 3.4 acres. Multiple parcels mean the buyer can build additional homes on the property or create a giant family compound.
In the 90210 ZIP code, this kind of land is not easy to come by—especially since the lot is mostly flat, which facilitates homebuilding.
It’s an “extremely rare, creative, and financial opportunity to invest in a large piece of real estate in a treasured Beverly Hills setting,” claims the listing.
For example, a developer could potentially make quite a profit by building at least four homes that could each be sold for millions.
Voight, 83, has had a prominent career as an actor, starring in “Midnight Cowboy,” “Deliverance,” and “The Champ,” among many other films. He won an Oscar for his performance as lead actor in 1978’s “Coming Home.”
Voight, who’s the father of Angelina Jolie, more recently played the role of the incorrigible father in the Showtime TV series “Ray Donovan.”