Brandon Lee
Tyra Banks is a model, television personality, producer, writer, and actress. She began her career as a model at the age of 15 and was the first African American woman to be featured on the covers of GQ and the Sports Illustrated Swimsuit Issue. Banks has also ventured into acting, with her first big-screen role in the 1994 drama Higher Learning. In 2004, she bought a home in Beverly Hills for $3.085 million and lived there for 11 years, investing an additional $2 million into the property. In 2015, she listed her Spanish Colonial-style mansion for sale for $7.75 million. The 6,000-square-foot home boasts four bedrooms, seven bathrooms, a swimming pool, a sunroom, and a large walk-in closet. So, while Tyra Banks did indeed own a stunning property in Beverly Hills, there is no indication that she starred in anything called 'Beverly Hills'.
| Characteristics | Values |
|---|---|
| Tyra Banks' profession | Model, television personality, producer, writer, and actress |
| Tyra Banks' notable works | The Fresh Prince of Bel-Air, Life-Size, Coyote Ugly, America's Next Top Model, The Tyra Banks Show |
| Tyra Banks' property in Beverly Hills | Spanish Colonial-style mansion, previously owned by Marion Davies, sold for $6.33 million-$7.75 million |
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What You'll Learn
Tyra Banks sold her Beverly Hills home for $6.33 million
Tyra Banks, the famous model and television personality, sold her Beverly Hills home for $6.33 million in 2016. The property, a 1920s Spanish Colonial-style mansion, was once owned by actress Marion Davies, the romantic partner of newspaper tycoon William Randolph Hearst. Sitting on a quarter-acre of grounds, the estate boasts a gated courtyard with a fountain adorned with handcrafted tiles, a rustic clay-tile roof, and a distinctive rotunda entry.
Banks bought the property in 2004 for $3.085 million and invested an estimated $2 million in renovations and restorations. The 5,740-square-foot home features vintage French doors, colourful tile risers, clerestory windows, and preserved architectural elements. It includes four bedrooms and seven bathrooms, a swimming pool, a sunroom, and an outdoor kitchen and living area.
The decision to sell the Beverly Hills home came after Banks purchased a new house in the exclusive Malibu Hills area. She originally listed the property for $7.75 million in September 2015 but lowered the price several times before finally selling it for $6.33 million.
Banks's career has spanned modelling, television, and film. She rose to prominence as a model, becoming the first African American woman to grace the covers of GQ and Sports Illustrated Swimsuit Issue. She ventured into acting, making her television debut on "The Fresh Prince of Bel-Air" and her film debut in the drama "Higher Learning." Banks also hosted and produced her own daytime talk show, "The Tyra Banks Show," and created and executive produced the reality series "America's Next Top Model."
With her successful career and savvy business acumen, it is no surprise that Tyra Banks was able to navigate the real estate market with a profitable outcome, selling her Beverly Hills home for a substantial sum.
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The house was previously owned by actress Marion Davies
The house in Beverly Hills once owned by Tyra Banks was previously owned by the actress Marion Davies. Davies was a 20-year-old actress when she met the married, 54-year-old newspaper tycoon William Randolph Hearst. With Hearst's support, Davies' film career blossomed in the 1920s, and with her mansion as a focal point, she became Hollywood's premier hostess in the late 1920s and 1930s.
The property, located at 1011 North Beverly Drive in Beverly Hills, California, was built in 1926 and designed by architect Gordon Kaufmann for banker Milton Getz. It was known as the Hearst Mansion, the Hearst Estate, and the Beverly House before it was renamed the Beverly Estate in 2022. The estate has undergone multiple name changes and expansions over the years.
Marion Davies and her partner, William Randolph Hearst, moved into the residence after his infirmity forced them to leave his palatial estate, San Simeon. The couple initiated the expansion of the main house and continued to live there until Hearst's death in 1951. Davies remained in the estate until 1976, when it was purchased by Leonard Ross for $473,000.
The property has been featured in several films, including "The Jerk", "The Godfather", and "The Bodyguard". It boasts a variety of luxurious amenities, such as an Art Deco nightclub, a two-story library, four bars, a wine cellar, two screening rooms, 12 fireplaces, and a spa with a gym and massage room. The exterior features French-style gardens, fountains, statues, and Grecian columns.
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Banks bought the property in 2004 for $3.085 million
Tyra Banks, the world-renowned supermodel, television personality, producer, writer, and actress, has had a long and successful career. In 2015, she listed her Beverly Hills mansion for sale, asking for a cool $7.75 million. This price tag was certainly justified, as the property boasted a plethora of luxurious features. But let's rewind to the beginning of this story, when Banks first acquired this stunning piece of real estate.
In 2004, Banks purchased the Spanish Colonial-style mansion in Beverly Hills for $3.085 million. The house had a rich history, previously owned by actress Marion Davies, who was romantically involved with newspaper tycoon William Randolph Hearst. The property, built in the 1920s, had a unique and elegant design. Sitting on a quarter-acre of grounds, the estate featured a gated courtyard with a fountain adorned with handcrafted tiles. The exterior stood out with its clay-tile roof and pronounced rotunda entry.
The interior of the mansion was just as impressive as the exterior. Spanning 5,740 to 6,000 square feet, the home offered ample space and an array of amenities. It had four bedrooms and five to seven bathrooms, depending on the source. The living space was dotted with architectural elements, including vintage French doors, colourful tile risers, and clerestory windows. The home also featured multiple fireplaces, a sunroom, and a huge walk-in closet.
Over the years that Banks owned the property, she invested significantly in renovations and restorations. Estimates place the amount she spent on improvements at around $2 million. This included the addition of a new kitchen, an outdoor kitchen, and an outdoor living room. By the time she decided to sell in 2015, the property had increased in value, allowing her to list it for a higher price.
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She spent an estimated $2 million on renovations
Tyra Banks is a television personality, producer, writer, actress, and supermodel. She has a penchant for flipping houses and has bought and sold many over the years. One of her most notable real estate ventures was the renovation and sale of her Beverly Hills home, previously owned by actress Marion Davies.
Banks purchased the property in 2004 for $3.085 million. The house, built in the 1920s, boasted a Spanish Colonial style with approximately 6,000 square feet of living space. It featured four bedrooms and seven bathrooms, a swimming pool, a sunroom, a walk-in closet, and four outdoor fountains.
However, Banks had plans to make her mark on the property. She embarked on a renovation journey, spending an estimated $2 million on updates and upgrades. This included the addition of an outdoor living room and an outdoor kitchen, as well as a remodelled indoor kitchen. She also converted part of the garage into a gym while preserving some of the home's original features, such as the terracotta-tiled roof, exposed wood beams, and three fireplaces.
The results of the renovation were stunning. In 2015, Banks listed the mansion for sale, describing her love for the house and its impressive features. The property was an entertainer's dream, with multiple outdoor spaces, including terraces, a fire pit, and a hot tub. It was eventually sold in 2016 for $6.33 million, reflecting a successful return on Banks' investment and renovation efforts.
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The house was sold to Banks' friend
Tyra Banks, the famous supermodel, television personality, and producer, sold her Beverly Hills mansion to a friend for $7.75 million. The house, a 1920s Spanish Colonial-style mansion, was once owned by actress Marion Davies, who was romantically involved with newspaper tycoon William Randolph Hearst.
Banks bought the property in 2004 for $3.085 million and spent an additional $2 million on renovations and restorations. The 6,000-square-foot home features four bedrooms, seven bathrooms, a swimming pool, a sunroom, a huge walk-in closet, and four outdoor fountains. The residence also boasts exposed wood beams, maple plank floors, and three fireplaces.
The outdoor space includes a shower, barbecue, and fire pit, as well as a heated pool hidden in a walled garden. The house is entered through a gated courtyard with a fountain decorated in handcrafted tiles, and the exterior is marked by a rustic clay-tile roof and a pronounced rotunda entry.
Banks, a savvy businesswoman, made a profitable return on her investment, even after accounting for the renovation costs. The sale of the house was handled by Heidi Lake of Sotheby's International Realty, who listed the property, and Richard Maslan of Hilton & Hyland, who represented the buyer.
While Banks may have parted with this stunning property, she continues to own other real estate in New York and Los Angeles County, showcasing her ongoing success and business acumen.
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Frequently asked questions
No, Tyra Banks has never starred in a TV show or film called Beverly Hills. However, she did own a house in Beverly Hills, California, which she sold in 2016 for $6.33 million.
Tyra Banks's television career began on the fourth season of The Fresh Prince of Bel-Air. She has also appeared in Felicity, All That, MADtv, Nick Cannon's Wild 'n Out, and The Price Is Right. She also hosted The Tyra Banks Show, which ran from 2005 to 2010, and has been a judge and executive producer on America's Next Top Model.
Tyra Banks's first film role was in the 1994 drama Higher Learning. She has also starred in Life-Size, Love Stinks, Love & Basketball, Coyote Ugly, Halloween: Resurrection, and Hannah Montana: The Movie.
Tyra Banks is a model, television personality, producer, writer, and actress. She has also been ranked among the world's most influential people by Time magazine.
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