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Starz CEO entertains buyer for Brentwood pad after $2M price chop

The stars have aligned for Chris Albrecht, CEO of cable network Starz.

The entertainment executive’s 7,021-square-foot Brentwood home sold Wednesday for $7.09 million, or $1,022 a foot —  almost $2 million less than its asking price.

The gated six-bedroom, six-bathroom estate went on the market for $8.9 million last summer, Variety reported.

The former head of HBO purchased the Mediterranean-style villa on North Carmelina Avenue in 2005 for $5.6 million.

The estate was built in 2004 and designed by architect William Heffner. It features a media and music room, a gym, a walk-in wine cellar and an adjoining breakfast room off the kitchen, according to marketing materials.

Kurt Rappaport of Westside Estate Agency had the listing, according to the MLS.

Albrecht isn’t the only executive to sell a Brentwood residence this month.

Hollywood producer Jerry Bruckheimer’s Brentwood home listed at $12 million is currently in escrow, after hitting the market in 2015.

The new buyers of both properties will get the perk of calling Snapchat CEO Evan Spiegel and his fiancé Miranda Kerr neighbors. The couple purchased a home on Macculloch Drive last May. [Variety] — Subrina Hudson

Click here to read the article on therealdeal.com.