Historic Beverly Hills Mansion Sells for $27.25 Million
The 12,000-square-foot estate at 1005 North Woodland Drive recently changed hands after years on the market.
Updated on Oct. 20, 2026 in Residential
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An iconic Beverly Hills mansion built in 1923 recently sold for $27.25 million. The 1.1-acre estate at 1005 North Woodland Drive was once the home of film studio executive Harry Warner.
Why it matters
The sale marks the end of a long listing period for the historic property, which was originally placed on the market in August 2016 for $39.99 million. The residence is noted for its high-profile history, including its use as a filming location for a major television series.
The 12,000-square-foot main residence sits on 1.1 acres of land in Beverly Hills. The estate was previously listed for as much as $31.5 million before closing at the final sale price.
The players
Harry Warner
He was a film executive and one of the founders of the Warner Bros. studio who commissioned the construction of this mansion.
Paul R. Williams
He was a prolific and celebrated architect who designed numerous iconic homes across Southern California during the mid-20th century.
Daphna and Richard Ziman
The couple purchased the estate in 1996 and led a comprehensive three-year restoration project to return the property to its historic state.
The details
Commissioned by Harry Warner and designed by architect Paul R. Williams, the mansion underwent a three-year renovation by owners Daphna and Richard Ziman to restore its original architectural integrity. The home features unique historic elements, including Italian leaded-glass windows and a 16th-century fireplace sourced from the Palace of Versailles.
Timeline
The residence was built in 1923.
Daphna and Richard Ziman purchased the estate in 1996.
The property was first listed for $40 million in August 2016.
The estate was under contract for $32.5 million in March 2022.
The mansion sale was reported in October 2026.
Culture Shift
This sale reflects a broader trend of luxury buyers placing a premium on historically significant architecture preserved through rigorous restoration. The market increasingly favors properties that maintain their original 1920s pedigree over those stripped of heritage for contemporary styles.
The transaction serves as a benchmark for high-end property values in the North Woodland Drive area of Beverly Hills. Prospective buyers and sellers can use this sale to gauge how long-term restoration investments influence market desirability and final pricing.
The takeaway
Historic preservation can be a long-term investment strategy that maintains the appeal of luxury real estate over decades. Owners of heritage properties should prioritize sourcing authentic materials to preserve the architectural value recognized by high-end buyers.
Further reading
Explore more high-end property trends in our Beverly Hills Residential section.
Source note: This article includes information reported by The Times of India.
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