Elrod House, Featured in ‘Diamonds Are Forever,’ Gets Scooped Up

Published: July 3, 2016 | By: American Luxury Staff

The iconic Elrod House from the 1971 James Bond thriller, “Diamonds Are Forever,” is no longer on the market. Located in Palm Springs roughly 100 miles outside of Los Angeles, the impressive home just sold for $8 million in cash.

Currently in escrow, the Coachella Valley estate was acquired by an anonymous L.A.-area fashion-industry bigwig, as evidenced by his big purchase paid in cash.

The billionaire investor Ron Burkle purchased the famous home in 1995 for just $390,000 before unloading it to investor Michael Kilroy for $5.5 million in 2003. Kilroy unsuccessfully tried to market the home as an invitation-only private club, but ultimately listed the property for $13.9 million in 2009. Finally, ownership was transferred to mortgage holder Lloyds of London, who repriced and listed the home at $8 million.

Built as a sort of desert oasis by architect John Lautner, the home was built in 1968 for interior designer Arthur Elrod. With a distinctly futuristic aesthetic, it’s part sculpture and part house, with natural boulders acting as walls and room dividers inside the house.

The home spans 8,900 square feet and holds five bedrooms, 5.5 baths, a gym, and a swimming pool that’s partially indoors when the incredible smoked glass wall is closed. Just as breathtaking is the expansive circular living room stretching 60 feet in diameter under a vaulted, conical domed ceiling complete with nine angled concrete petals.

2958 July 3, 2016 Real Estate July 3, 2016