The Los Angeles mansion famously known as the "Fresh Prince of Bel-Air" home has returned to the market with a nearly 25% price reduction, now listed at $22.95 million. Initially listed for $30 million earlier this year, the property did not attract a buyer, prompting the significant price cut.
The estate, which served as the exterior backdrop for the popular 1990s sitcom, is nearly a century old. Reports suggest that any prospective buyer would likely opt for demolition and new construction rather than undertaking the extensive and costly renovations required to restore the existing structure. The listing agent, Christophe Choo of Coldwell Banker Realty, acknowledges that the home is "not in move-in shape" but emphasizes its prime location.
The nearly 6,500-square-foot residence, built in the 1930s, features six bedrooms and seven bathrooms. Interior images reveal classic architectural elements such as moldings, beamed ceilings, arched doorways, and fireplaces. The property boasts a grand, two-story columned portico, expansive lawns, and mature trees. Inside, a curved staircase connects the various levels, and large windows provide abundant natural light.
The primary suite includes sitting areas, two bathrooms, and substantial closet space. The grounds feature stone terracing, a gazebo, a stone arbor, and a pavilion by the pool, all enclosed by lush hedges. The estate is situated behind secure entry gates.
Farhad "Frank" Rahban has owned the estate for nearly 50 years, incorporating it into his extensive real estate holdings in the Los Angeles area. He and his wife, Parvin Nourafchan Rahban, raised their sons, Nicholas and Sasha, in the home. Sasha Rahban recalled witnessing the O.J. Simpson Bronco chase from nearby.
In recent years, the property has also served as a filming location. It was featured in the Hulu/FX series “The Shards,” a dark thriller where scenes involving a poolside party and an attack were filmed. The series is set in 1981 and follows prep school students being targeted by a serial killer.
The listing encourages potential buyers to "capitalize on the expansive, flat corner footprint to build a (larger) world-class, multi-structure private estate compound." The neighborhood itself is home to numerous celebrities, including Judd Apatow, LeBron James, Arnold Schwarzenegger, Harrison Ford, and Gwyneth Paltrow, underscoring the prestige of the Bel-Air location.
The iconic facade of the home became synonymous with Will Smith's rise to international superstardom through "The Fresh Prince of Bel-Air," which aired for 148 episodes from 1990 to 1996.