Rob Lowe, the renowned actor known for his roles in “St. Elmo’s Fire” and “The West Wing,” has successfully sold his Beverly Hills home after a prolonged listing period and several price adjustments. Originally purchased for $3.75 million in October 2020, Lowe listed the property at $6.575 million nearly four years later. Following two price reductions, the home was briefly removed from the market in October 2024, only to be relisted in December with a lowered price of $5.449 million.
Despite its appealing features, the home struggled to find a buyer, leading to four additional price cuts that brought the price down to just under $5 million. Ultimately, in September, the home reappeared for $4.195 million and was pending sale by October. It officially sold for $4 million on November 6.
The listing, now managed by Lori Harris of Keller Williams Realty Los Feliz and Shana Tavangarian of Carolwood Estates, emphasizes the property’s extensive renovations and tranquil location in Franklin Canyon. The three-bedroom, four-and-a-half-bathroom residence is highlighted as a “private and peaceful oasis” with a complete gating system and meticulous landscaping.
The interior showcases modern design elements with vaulted ceilings, a cozy fireplace in the living and dining areas, and a wet bar connecting the kitchen to the living spaces. The lower level features a home gym and laundry room, while advanced amenities include an alkaline water filtration system and a high-efficiency HVAC system.
Upstairs, two bedrooms include a primary suite boasting a walk-in closet and access to a private balcony overlooking the enchanting canyon. The luxurious bathroom features dual sinks, a spacious shower with dual showerheads, and a soaking tub.
The outdoor space further enhances the appeal, with a large pool and spa, a covered patio complete with a fireplace, a private putting green, and an additional fire pit seating area, making it an ideal spot for relaxation and entertainment.
The successful sale of Lowe’s home underscores the dynamic nature of the real estate market, where strategic pricing and marketing can eventually lead to favorable outcomes for sellers.