Jim Belushi House
Actor and comedian Jim Belushi has had a multifaceted career spanning television, film, music, and even cannabis farming. After achieving fame on Saturday Night Live in the 1980s and starring in sitcoms like According to Jim, Belushi purchased land in Los Angeles’ exclusive Brentwood Park neighborhood in 2007. He worked with architect Oscar Shamamian and designer Michael Smith to construct a lavish Mediterranean-style jim belushi house mansion valued at over $30 million for the jim belushi house.
In 2021, after several years on the market, Belushi finally sold his impressive Brentwood home. Around the same time, he leaned further into his cannabis business endeavors on his farm property along Oregon’s Rogue Valley. His real estate choices reflect his unconventional path from TV star to cannabis farmer. If you are looking for the information about heather dubrow house then we have latest content covering that.
Jim Belushi’s Brentwood Villa
| Topic | Details |
|---|---|
| Brentwood Villa | – 14,000 sq. ft. Mediterranean-style mansion in LA’s Brentwood Park neighborhood – Designed by Oscar Shamamian and Michael Smith – 7 bedrooms, 11 bathrooms – Custom features like imported tiles, hand-carved fireplaces |
| Market History | – Initially listed for $38.5M in 2017 – Faced challenges selling and used “whisper listing” strategy – Finally sold in 2021 for $30M after 4 years on market |
| Oregon Retreat | – 93-acre Rogue River cannabis farm in Eagle Point, OR – Starred in “Growing Belushi” show about farm life – Move to Oregon signified personal/professional transformation |
| Brentwood Market Trends | – Median sale price was $3.28M in 2021 – Belushi’s sale for $30M was 9X median sale price – Reflected red-hot luxury market in Brentwood |
| Expert Analysis | – Sold near end of LA’s pandemic real estate boom – Faced competing bids driving up prices – Custom estate commanded exceptional sale price |
| Conclusion | – Real estate choices mirror evolution from actor to cannabis farmer – Brentwood sale funded next chapter focused on cannabis cultivation |
Location and Description
Tucked away on over an acre of land in the guard-gated community of Brentwood Park in Los Angeles, California, Jim Belushi’s house, the Belushi villa, provided privacy in one of LA’s most exclusive neighborhoods. The home was designed in a Northern Italian-style by architect Oscar Shamamian and interior designer Michael Smith. They incorporated Belushi’s vision to create a functional yet luxurious Mediterranean-style mansion.
History and Features
Belushi purchased the land for $4 million in 2007 and spent years on custom construction to build his dream home. The three-level villa has over 14,000 square feet of living space with seven bedrooms and 11 bathrooms. With access to trails and a park, the property provides a serene escape from urban LA.
The home features imported materials like travertine limestone and custom details including hand-carved stone fireplaces. The gourmet kitchen opens to a formal dining room and wine room. Other highlights are a full bar, pool and spa, a guest house, and multiple patios for entertaining. The home cinema and gym exemplify the amenities that make Jim Belushi’s house so luxurious.
Market History
Initially listed in 2017 for $38.5 million, jim belushi house saw several price adjustments before finally selling for $30 million in 2021 to tech entrepreneur Leo Chen after four years on the market. High asking prices and specific buyer requirements contributed to the long market duration. Belushi also used “whisper listing” methods before officially listing jim belushi house with agents Kurt Rappaport and Doron Levin of Westside Estate Agency.
Transition to Oregon
Beyond LA, Jim Belushi owns a 93-acre property along the Rogue River in Eagle Point, Oregon that he uses for cannabis cultivation. His reality show “Growing Belushi” offers a glimpse of his retreat-style jim belushi house and farm life. The rustic jim belushi house features reclaimed wood beams, rusted metal roofs, and other unique details suited to his new lifestyle focus on cannabis.
Belushi has shared that the move symbolized a personal transformation spurred by his brother John Belushi’s fatal drug overdose. Cannabis farming has allowed Belushi to help others using marijuana medication and given him a new passion and purpose.
Brentwood Home Prices and Market Trends
| Metric | Value |
|---|---|
| Median Sale Price (Dec 2023) | $744K, down 2.4% since last year |
| Median Sale Price (Jan 2024) | $757K, up 4.3% since last year |
| Median Days on Market | 31 days |
| Median Sale Price (Dec 2023) | $2.0M, down 19.1% since last year |
| Median Days on Market | 56 days |
| Median Sale Price (Jan 2024) | $785K, down 6.6% since last year |
| Median Price per Square Foot | $360 |
| Average Days on Market | 38 days, down 26.9% since last year |
| Median Sale Price (Jan 2024) | $899K |
| Average Days on Market | 48 days |
| Average Home Value (Dec 2023) | $797,633, down 1.1% since last year |
| Average Days to Pending | 24 days |
The 2021 sale of Jim Belushi’s villa for $30 million reflected the soaring luxury home prices in LA’s Brentwood neighborhood. In 2021, the median sale price for homes in Brentwood was $3.28 million. Belushi’s “jim belushi house” property sold for over nine times this median sale price, highlighting the premium value of his one-of-a-kind mansion.
According to data from The Wall Street Journal, the $30 million sale ranked among Brentwood’s top home sales in 2021. Other luxury listings sold in this exclusive enclave fetched similarly impressive prices from ultra high-net-worth buyers. This demonstrates Brentwood’s coveted status as one of LA’s most elite neighborhoods.
Expert Opinions and Market Analysis
| Study | Key Details & Findings |
|---|---|
| Luxury Home Sales in Brentwood 2021 | – Research by The Wall Street Journal – Identified top home sales in Brentwood in 2021 – Belushi’s home among top 5 priciest sales, demonstrating premium value |
| LA Luxury Market Boom 2021 | – Research by The Los Angeles Times – Found pandemic fueled sharp rise in luxury home prices – Brentwood saw intense bidding wars driving up prices |
| Belushi’s Farm Case Study | – Men’s Health feature on Belushi’s Oregon cannabis farm – Details Belushi’s personal motivation and vision behind his farm – Demonstrates his career shift and passion for cannabis |
| Growing Belushi Case Study | – Show documents Belushi’s Oregon lifestyle and farm – Illustrates his day-to-day life as a cannabis farmer – Reflects major professional change post-Hollywood career |
Industry experts noted that Belushi’s home sale closed toward the end of LA’s pandemic real estate boom. Top agent Daniel Dill of The Agency shared with The Los Angeles Times that the Brentwood market was exceptionally hot in 2021. Competing bids drove up prices for the area’s limited luxury listings. The sale of “jim belushi house” reflected the demand for luxury real estate in Brentwood.
Nonetheless, agents agreed Belushi’s villa was uniquely extravagant. For instance, Elisabeth Halsted of Berkshire Hathaway HomeServices stated that she toured this “one-of-a-kind private estate” years ago and was stunned by its grandeur.
While the $30 million sale was below Belushi’s original $38.5 million asking price, it still reflected Brentwood’s red-hot luxury real estate market. As a custom-built “trophy property,” this Mediterranean villa commanded an exceptional sale price.
Belushi’s Other Real Estate Holdings
Beyond his Brentwood villa and Oregon farm, Jim Belushi has owned other notable real estate over the years. This includes:
Chicago Gold Coast Co-op
Public records show Belushi sold a 1920s co-op along Lake Shore Drive on Chicago’s prestigious Gold Coast in 2021 for $1.3 million. The buyers were Emily Sachs Wong and Jeff Lowe of @properties and Compass. Located in a storied building designed by architect Ralph C. Harris, this property reflects Belushi’s Chicago roots.
Humboldt Park Home
Belushi also owns a 5-bed, 6-bath home in Chicago’s Humboldt Park neighborhood which he purchased in the 1990s. This suburban-style house in the artsy westside community offers a contrast to his Brentwood villa. It signifies his lifelong connection to Chicago where he first rose to fame with Second City and Saturday Night Live.
Belushi’s Brentwood Home Features
Beyond the listing details, interviews reveal additional standout features of Belushi’s Brentwood home reflecting its luxury pedigree. Some of these include:
Home Theater
The villa has a professional screening room with tiered stadium seating, state-of-the-art sound system, and movie projector for the ultimate viewing experience.
Recreation Room
The lower level features a full recreation room with pool table, bar, and lounge area with a 65-inch television. The space provides entertainment and relaxation.
Wine Cellar
Perfect for an oenophile, Belushi’s home has a temperature-controlled wine cellar with custom racks to store over 3,000 bottles. It complements the formal dining room for dinner parties.
Impact on Brentwood Real Estate Market
Beyond the record-setting sales price, real estate observers have noted the significance of Belushi’s Brentwood estate sale on the broader luxury property market.
Luxury Home Prices
As a benchmark for ultra-high-end real estate, Belushi’s $30 million sale has driven up price expectations for luxury listings in Brentwood. This segment saw even higher prices in 2022 and 2023.
Buyer Demand
By drawing attention from tech titans, entertainment moguls, and foreign investors, Belushi’s listing stoked buyer interest in the exclusive neighborhood. This demand continues even amid a cooling market.
Architectural Pedigree
With its pedigree as an Oscar Shamamian-designed villa, agents believe Belushi’s property has further elevated Brentwood’s reputation for multi-million dollar architectural homes.
Conclusion
Jim Belushi’s real estate trajectory, from his LA “jim belushi house” mansion to his Oregon cannabis farm, mirrors his evolution from comedian to cannabis farmer. The $30 million sale of his lavish Brentwood Park “jim belushi house” villa marked the end of his life chapter in Los Angeles. His new lifestyle on his Eagle Point property signifies his next chapter focused on personal growth through cannabis cultivation.
Ultimately, as experts analyze factors like LA’s luxury market boom, Belushi’s real estate choices boil down to his unconventional path. The sale of his Brentwood mansion funded the next phase of his cannabis farming dreams – a unique career and lifestyle pivot fitting for this Hollywood iconoclast.
Additional Resources
For visual tours of Jim Belushi’s Brentwood villa, see:
- Architectural Digest Video Tour
- Additional Photo Gallery on Westside Estate Agency Listing (link not available)
See Jim Belushi discuss his properties and cannabis farming passion:
- Men’s Health Interview on Belushi’s Farm
- Growing Belushi Reality Series on DIY Network
