Holmby Hills estate built for late Paramount chief Brad Grey for sale at $77.5 million

The Holmby Hills home of late Paramount Pictures chairman and chief executive Brad Grey is for sale at $77.5 million.

Called the Grey Estate, the property on Carolwood Drive has been owned by a trust associated with the executive since 2010 and centers on a modern farmhouse-style residence with five bedrooms and about 12,800 square feet of living space.

Clad in weathered wood panels, the Howard Bracken-designed home sits behind wood- and steel-framed gates and is surrounded by olive trees, orchards and gardens. A raised bridge connects the main house to a two-story recreation facility outfitted with two gyms, a cold plunge and a sauna with a blue-bottomed swimming pool.

At the heart of the home is a barn-inspired and vaulted-ceiling great room that holds an open kitchen and dining area. A sun room features walls of steel-framed windows, and the den holds an office and a wet bar. There’s also a home theater.

The wings of the home are positioned to look onto a central courtyard with a reflecting pool and large fireplace feature. Nearby, a slatted-wood trellis for filtering sunlight tops an outdoor dining room. An organic fruit orchard and a vegetable and herb garden sit adjacent.

Linda May of Hilton & Hyland, an affiliate of Christie’s International Realty, and Stephen Shapiro of Westside Estate Agency hold the listing.

Grey, who died last year at 59, oversaw such movie blockbusters as the “Star Trek” and “Transformers” movies during his tenure at Paramount.

As a talent manager and a producer, Grey helped bring “The Larry Sanders Show” and “Real Time With Bill Maher” to HBO. In 2001, he formed the production company Plan B Entertainment with Brad Pitt and Jennifer Aniston.

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