One Month After Selling for $10.3M, L.A. Home of Late ‘Love Story’ Director Arthur Hiller Gets Flip-Listed For $13.8M

Published: August 22, 2017 | By: American Luxury Staff

In the world of contemporary real estate, with flipping all the rage, ownership and valuation are subject to rather abrupt change. To state it mildly.

Case in point: the Beverly Hills home of Arthur Hiller. Mere weeks from its last changing of hands, when the estate sold for $10.3 million, the property is now back on the market for $13.75 million.

The listing price shows a markup of roughly 33 percent. To a degree, the valuation increase is due to celebrity ownership. But the current owners dive give the house a solid renovation.

The 8,000-square-foot, Mediterranean-style manse holds six bedrooms and 7.5 baths, in addition to a formal dining room, a chef’s kitchen, and a large step-down living room. Amenities like a wood-paneled foyer, a wine cellar, a den, and a sunroom with floor-to-ceiling windows give the home a sense of tradition and a quiet, comfortable dignity.

Of course, there’s also space to relax outdoors with a raised patio, a fire pit, a swimming pool, and a spa.

Hiller is best known for directing “Love Story,” “The In-Laws,” and “Silver Streak.” He served as the president of the Directors Guild of America for four years.

2834 August 22, 2017 Real Estate August 22, 2017