Price on Bob Hope's Palm Springs Estate Reduced by 50%
The contemporary home designed by modernist architect John Lautner was listed for $50 million last year and is considered the crown jewel in the collection of California properties Hope once owned. The dramatic steel-and-glass house with a curved copper roof was built for the iconic actor/comedian and his wife in 1980. Sometimes described as the "volcano house," or "mushroom house" because of its distinctive shape, it overlooks the Coachella Valley and includes:
- 6.2 acres
- walls of glass overlooking city, mountain and valley vistas
- 23,366 square feet of living space with an elevator
- 10 bedrooms and 13 baths
- a swimming pool, waterfall, pond and tennis court
The Hopes entertained many famous friends at their desert home at 2466 Southridge Drive, which includes a massive outdoor entertaining space for 300 and spectacular views of the surrounding mountains.
"I still get chills when I drive up to the property," listing agent Stewart Smith of Patrick Stewart Properties told Zillow.com. "It's one of the most architecturally significant homes in the U.S. -- if not the world."
Its uniqueness -- and its price -- have kept the home on the market for more than a year.
"We dropped the price for the same reason all sellers drop the price of their homes. It's priced for today's marketplace," Smith said.