Two weeks ago, we heard from a couple of well-connected tattletales– Charlie Chitchatter and Our Fairy Godmother in Bel Air—who both snitched that the unconfirmed word around town was that the Sugarman-Hart home went for a bit more than $30 million to an sick-rich Saudi.
Well, puppies, property records now show the property actually traded for $27,000,000 and a hardcore real estate yenta we know—that would be Yolanda Yakketyyak—swears on her teased and lacquered helmet hair that the buyer is indeed a wealthy and well-connected Saudi sheikh. According to Yolanda, the buyer is a former Special Secretary to the late Crown Price Sultan of Saudi Arabia whose $50,000 per month rental residence above L.A.'s Sunset Strip was burglarized last April and who recently shelled out $28 million dollars for the long-delayed James Hotel site at the western tail the Sunset Strip.
Your Mama has not idea what the new owner's plans for the 11,000+ square foot mansion that property records show has six bedrooms, 9 bathrooms, three fireplaces and a gated motor court with covered parking for five cars but we'd bet both our long-bodied bitches, Linda and Beverly, that a very expensive and comprehensive security system will be installed toot de suite.
*As it turns out, the Luca Colombo-designed residence that was leased by the sheikh in question and burglarized last year has just popped back up on the open market with an asking price of $10,900,000.
aerial photo: Bing
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