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David Lynch LA House

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61–70 of 142 posts

Re: David Lynch LA House

#61

Post by eastbound »

gyomu wrote: post #59
randycupertino wrote: post #13

Love this compound and all the hiking paths up around in the surrounding hills. Truly an peaceful property to immerse yourself in work and entertaining! Property taxes are gonna spike for the new buyer though due to prop 13 so make sure to factor that into your offer vs the $15k a year in the listing... Hopefully whoever buys this gem doesn't tear it down to build some modern boxy McMansion.

> Truly a peaceful property What you don’t realize if you’ve never spent time around those ridiculous properties is the amount of upkeep everything takes if you don’t want the indoors to become gross and dusty and the outdoors a wild jungle. When you have that kind of surface area, you’re not taking care of all the cleaning and maintenance yourself in a few hours once a week. There are countless gardeners/cleaners/re…

I have 2000sqm of land and I feel like 1. the CEO of garden operations, 2. a sitting duck in terms of money and invoicing.

Re: David Lynch LA House

#63

Post by arethuza »

smetj wrote: post #36
dsr_ wrote: post #25

Earlier quoted context omitted.

Looking at other houses in the neighborhood, it's probably about 10-15% because it's the Lynch residence, and the rest of it is the extent of the land, the number of houses, and, of course, the place where it is. By way of contrast, this is listed for 2.5x the money on the other side of the canyon: https://www.zillow.com/homedetails/1851-N-Stanley-Ave-Los-An...

Beyond stunning, worth its asking price imo.

Just goes to show - I think that looks ghastly.

Re: David Lynch LA House

#64

Post by rectang »

ode wrote: post #57
qmr wrote: post #51

Earlier quoted context omitted.

[flagged]

> not a wealthy man by Hollywood standards

It’s funny, but as someone who’s worked in music production, when you say that what comes to my mind is that the vast majority of people in the entertainment industry are nowhere near as wealthy as David Lynch. “Hollywood standards” to me is several struggling actors sharing a flat.

Re: David Lynch LA House

#65

Post by adastra22 »

tills13 wrote: post #40
randycupertino wrote: post #13

Love this compound and all the hiking paths up around in the surrounding hills. Truly an peaceful property to immerse yourself in work and entertaining! Property taxes are gonna spike for the new buyer though due to prop 13 so make sure to factor that into your offer vs the $15k a year in the listing... Hopefully whoever buys this gem doesn't tear it down to build some modern boxy McMansion.

If you're dropping $15m you aren't worried about property taxes regardless of how much they do or do not increase.

Property tax would be roughly $200k/yr, forever. That’s a nontrivial expense for anyone below billionaire levels.

Re: David Lynch LA House

#67

Post by delabay »

They will have a difficult time finding a buyer for this extremely unique property. One really needs rare eclectic taste.

In my personal opinion, this house ugly AF

Re: David Lynch LA House

#68

Post by TheOtherHobbes »

gyomu wrote: post #59
randycupertino wrote: post #13

Love this compound and all the hiking paths up around in the surrounding hills. Truly an peaceful property to immerse yourself in work and entertaining! Property taxes are gonna spike for the new buyer though due to prop 13 so make sure to factor that into your offer vs the $15k a year in the listing... Hopefully whoever buys this gem doesn't tear it down to build some modern boxy McMansion.

> Truly a peaceful property What you don’t realize if you’ve never spent time around those ridiculous properties is the amount of upkeep everything takes if you don’t want the indoors to become gross and dusty and the outdoors a wild jungle. When you have that kind of surface area, you’re not taking care of all the cleaning and maintenance yourself in a few hours once a week. There are countless gardeners/cleaners/re…

Does it not come with an army of weirdly mundane hopeful monsters who will reveal themselves to you one by one if you buy it?

Re: David Lynch LA House

#69

Post by tossandthrow »

adastra22 wrote: post #65
tills13 wrote: post #40

Earlier quoted context omitted.

If you're dropping $15m you aren't worried about property taxes regardless of how much they do or do not increase.

Property tax would be roughly $200k/yr, forever. That’s a nontrivial expense for anyone below billionaire levels.

Ah yes, the ZIRP induces decompression of assets prices - hopefully for people buying into the extreme ongoing expenses, we will see serious inflation over the next years.

If there is not inflation and value compressions kicks in, then there are some people who will be ... burdened.

Re: David Lynch LA House

#70

Post by bombcar »

tasuki wrote: post #56
boriskourt wrote: post #54

Earlier quoted context omitted.

He was not a poor man, he was not a wealthy man. This project did take 40 years. Which is a great deal of his career and income, there is another nice comment from Jen about it here: https://www.reddit.com/r/davidlynch/comments/1nhcgej/comment...

By that definition, most people are poor. $15 million is much more than most people have. Even split among the four children, it's fine.

It’s not terribly hard to get into that position, if you spend 40 years of your time and treasure on something with resale value instead of on food and experiences.

You can do something similar if you buy a house and keep buying any neighboring house that comes up for sale (and renting them out, perhaps).

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