World · India Bureau
Hollywood star Emma Stone's renovated LA mansion sells for $4.3 million
The 1926 Los Angeles property, which Oscar-winning actor Emma Stone purchased in 2019, fetched $305,000 above its asking price following a comprehensive renovation. The home sold within ten days of listing.
LSN India ·
Emma Stone's meticulously restored 1920s mansion in Los Angeles has sold for $4.3 million, outpacing its listed price of $3.995 million by a significant margin. The property changed hands just ten days after being listed in January 2024, demonstrating strong buyer demand in the premium Los Angeles real estate market.
Stone acquired the historic property in 2019 for $2.3 million and undertook substantial renovation work to modernize the residence while preserving its original architectural character. The improvements included an expanded kitchen and the addition of a separate guesthouse, enhancing both the functionality and value of the 1926-era home.
The rapid sale at above-asking price underscores the appeal of carefully restored heritage properties in Los Angeles's competitive luxury market. The transaction reflects broader trends in celebrity real estate investment, where significant capital improvements can yield substantial returns within a relatively short timeframe.
The sale adds to Stone's growing portfolio of high-value property transactions. The actor, known for her acclaimed performances in films including "La La Land" and "Poor Things," has previously demonstrated a keen interest in real estate ventures across California.