Warner Bros. mansion on the market for $40M

Updated

The dazzling Beverly Hills estate of Warner Bros. co-founder Harry Warner is on the market for $39.999 million - a lush price for a mansion that's hosted some of the world's greatest luminaries.

Marilyn Monroe crashed for an extended stay in the guest house, according to current owner Daphna Ziman. And since she's lived there, Ziman has hosted parties for a who's who of talent and sway. There was the southern barbecue for Bill Clinton before he left office, and the fundraiser with Chaka Khan that attracted Stevie Wonder, Etta James and Lionel Richie.

Most recently, the home appeared in the Emmy Award-winning series "The People v. O.J. Simpson." It was O.J.'s house in the series, a move Ziman did not take lightly. "I was reluctant," she said, until the producer told her about O.J.'s background and how desperately he wanted to be part of classic Hollywood. He and Nicole had been to her house, and O.J. told people it was his dream house. "It made it more real," Ziman said of her home's use in the series.

Check out the lavish estate in the slide show below:

The 12,254-square-foot mansion was built in the 1920s, when Beverly Hills was just beginning to grow. After Warner bought it, he hired architect Paul Williams to bring out a mix of Tudor and French Country characteristics. By the time Ziman moved in, the kitchen countertops were covered in granite and a stately oak ceiling had been hidden.

She refinished the home and added her own touches, including leaded windows from Italy to lighten up the dining room. Ziman added a gym and a bar and a gallery of artwork.

Set on more than an acre, the property boasts five waterfalls and a small river running to a pond.

"I swim every morning, and I was sitting on my stair and meditating, and I opened my eyes and thought, 'My God, I am in the middle of paradise,'" Ziman said. "It's so private, you don't even know you're in Los Angeles. You're surrounded by hundreds-of-years-old trees and the smell of gardenias and the sound of waterfalls. It's so tranquil."

The listing agents are Joyce Rey and Jade Mills of Coldwell Banker Previews International and Drew Fenton of Hilton & Hyland.

Check out the star-studded neighborhood:

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Photos by Jim Bartsch.

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