Finally! Anjelica Huston Unloads Her Unique Venice Home/Studio
The unusual residence/studio known as “The Fortress” has been on the market for four years, and after a couple of near misses, recently sold for about $7 million under the original asking price.
The sprawling live-work space built by Anjelica Huston and her late husband, sculptor/designer Robert Graham in 1994, has finally sold for $11.15 million, close to $7 million less than the $18 million it was listed for back in 2010.
The 13,796-square-foot, five-story studio, gallery and residence is a valuable and unique property for the Los Angeles area, in that it’s located only 200 feet from the beach and has views of both the Pacific Ocean and the city of Los Angeles.
The ultra-modern, industrial-style property includes a 10,000-square-foot art studio and gallery that Graham used for work, as well as a gym, media room, library/study, dance studio, office, three bedrooms and three and a half baths. It’s commonly known as “The Fortress” because of the eight-foot wall that surrounds the property. It’s rumored that Huston told Graham she would only move to this industrialized part of Venice if their home could be completely enclosed.
It’s not as if this unique property hasn’t elicited a few bites. In 2012, Page 6 reported that the property was in escrow, and the new owners were planning on turning it into a “Venice Social Club,” where a $2,000-a-year membership would include a farm-to-table restaurant, gallery, screening room, cultural programing and activities such as surfing, hot-spring excursions, seltzer-water tastings and use of the club’s pool.
Producer Megan Ellison, who last year worked on Academy Award nominated hits such as American Hustle and Her, is reported to have made an offer on the property as well. Both were willing to pay $12 million, but neither one made it through the escrow process.
See Inside Anjelica Huston's "Fortress"View All 11 Photos
Little is known about the final buyer of the property, other than “The client is an architectural purist who appreciates the buildings the way they are,” according to The Hollywood Reporter, which also speculates that, since Venice is in the heart of L.A.’s Silicon Beach, and this property is ideal for a business venue, industry insiders say that hot, anonymous gossip app company ‘Whisper’ might be a potential tenant. The enterprise is currently located in a residential neighborhood of Santa Monica and needs room to grow.