Diane Keaton was a respected actress — but many don’t know about her side hustle.
Keaton, who died last October of pneumonia at the age of 79, was also a prolific property investor who renovated and flipped homes. One of them, a 1920s Spanish Colonial revival in Beverly Hills, listed for $25 million in the wake of her death — and now it’s available for less.
According to Robb Report, after six months with no deal struck, the property now seeks about $21 million for sale, marking a nearly $5 million discount.
The late Diane Keaton. GC Images
Keaton purchased the home from Madonna, then sold it several years later to Ryan Murphy. John Salangsang / Shutterstock
The residence comes in remarkable condition, even years after Keaton’s loving restoration. Simon Berlyn
The space offers easy indoor-outdoor living. Simon Berlyn
Keaton converted the entryway into a library. Simon Berlyn
Keaton bought the dwelling for $8.1 million in 2007 from Madonna and, along with her longtime collaborator Stephen Shadley, carried out a loving restoration that made its way to the pages of Architectural Digest. Together, they brought back its architectural character — its charming beamed ceilings, arched doorways and terracotta tiles.
But Keaton also added her own details, such as converting the entry hall into a library, which listing images show comes with floor-to-ceiling shelves. Keaton additionally created a kitchen under a vaulted ceiling anchored by a fireplace.
“Everything is still in Diane’s design,” Rayni Williams, who — along with Branden Williams of the Beverly Hills Estates — represents this listing, previously told The Post.
Keaton’s work also extended into this light-filled kitchen. Simon Berlyn
There’s plenty of space for lounging around the estate. Simon Berlyn
The formal dining room. Simon Berlyn
The classic California aesthetic unfolds at every turn. Simon Berlyn
One of the bedrooms on offer. Simon Berlyn
A view of the pool. Simon Berlyn
An aerial of the grounds. Simon Berlyn
In 2010, Keaton sold it to the writer and director Ryan Murphy for $10 million. In 2021, Murphy sold it to the current owners, Seth and Cailin Wunder. He’s a hedge fund manager and she’s a designer.
Today, a new buyer can get about 8,400 square feet with six bedrooms and nine bathrooms. There’s also a living room with a fireplace, a primary bedroom with a fireplace, a gym and a wine cellar.
Elsewhere, there’s a guesthouse, a pool, a spa, a sports court and a two-car garage.