Estate that once belonged to socialite Edith Mayer Goetz asking $79M

The Los Angeles estate that once belonged to 1920s socialite Edith Mayer Goetz, the daughter of movie mogul Louis B. Mayer, has hit the market asking $79 million.

The estate is made up of two lots, totaling more than four acres. One lot features an 11-bedroom, 20,000-square-foot Georgian Revival mansion built in the 1930s. The other lots has three guesthouses, two swimming pools and two greenhouses. The grounds also include a tennis court and a funicular for access up and down a hill on the property, according to the Wall Street Journal, .

The seller is reportedly Gary L. Wilson, former chairman of Northwest Airlines, who bought the main house in the early 1990s from the estate of Goetz.

This is just the latest awe-inspiring estate (with a price tag to match) to hit the market in the Holmby Hills neighborhood. The Owlwood estate sold earlier this month for $90 million, and the Playboy Mansion got a new owner back in August for $100 million.

Jeff Hyland of Hilton & Hyland, and Drew Fenton and Aaron Kirman of John Aaroe Group have the listing. [WSJ]