The Reagans stayed in the state-of-the-art abode, dubbed the GE General Showcase House, until the day they moved into the White House. It was put up for sale and sold in 1982.
Close to four years ago, the four-bedroom house came on the market. Ultimately, it was bought by boutique real-estate development company Jaman Properties, reportedly for above its asking price. The developers completely transformed the compound to house a six-bedroom Spanish Revival white-stucco mansion and separate one-bedroom guesthouse. Now called the Riviera White House, the property is currently on the market again, with a price tag of nearly US$30 million.
David Offer, from Berkshire Hathaway Home Services, says: "The new development tells a luxury lifestyle story through design by Jaman Properties, while paying homage to the Reagan history. The Riviera White House is a unique opportunity to own a piece of property in the secret celebrity neighbourhood of the upper Pacific Palisades."
Set high on a hill along the Santa Monica Mountains, the Riviera White House has views of the mountains, city and ocean. Inside, the house features many updated amenities, including a cashmere-lined screening room; a new kitchen range custom-made in Florence by Italian manufacturer Officine Gullo; a powder room decorated with approximately 25,000 hand-applied peacock feathers; and a 2,000-bottle wine room.
The bar area in the living room was preserved and maintains its original design. There is a backyard that features a new heated salt-water pool with invisible glass-walled spa; and exterior kitchen with wrap-around bar, barbecue and pizza oven for outdoor amusement.
Sold to Jaman for more than US$5 million in 2013, the property at 1669 San Onofre Drive entered the market for US$33 million about a month ago. It has a current asking price at US$29.7 million.