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Walt Disney's Carolwood Estate sells for $74 million

Leah Zanolla | Posted: Jun 22, 2014 | Updated: Oct 19, 2014 - 9:25:27 AM
Walt Disney's Carolwood estate in Los Angeles' Holmby Hills area has just been sold for $74 million, making it the fourth most expensive house to be sold in the United States this year. Disney's home was originally listed in October 2012 for $90 million. The other pricey sales were a $147 million house in the Hamptons, a $120 million house in Greenwich, Connecticut and a $102 million house in Los Angeles.

The seller of the estate was investor Gabriel Brener, co-owner of the Houston Dynamo soccer club, who bought the property from the Walt Disney Foundation in 1997 for $8.4 million. The Disney family had owned the estate since 1949. The identity of the buyer isn't known, though sources say it is someone from "outside the U.S."

The home on the 4-acre Carolwood estate is 35,000 square feet, with eight bedrooms and 17 bathrooms. The real estate listing says the home has "plaster-veneered walls, crown molding and statuary and verde jade marble flooring." Occupants won't lack for recreation, with a swimming pool, tennis court, putting green, custom movie room and gym available. The house also features two safe rooms. This is not the original home on the property; Brener rebuilt the house in 2001.

One of the estate's most famous features is the S-shaped tunnel that Disney's 1/8 scale live steam miniature train ran through. The train enthusiast had nearly a half-mile of tracks built on the property and often had friends come over to ride his Carolwood Pacific Railroad.