In 2021, a Beverly Hills business couple bought a 4-acre estate for $15 million after its historic mansion was demolished; they now plan a 17,000-square-foot replacement

Falcon Lair, a historic estate once owned by the legendary Rudolph Valentino, is embarking on a stunning makeover. Following the demolition of its original mansion, the property is primed for a modern residence, with approved designs for a sprawling seventeen-thousand-square-foot home. Purchased for fifteen million dollars in 2021, this four-acre estate continues to evolve, adding a new chapter to its illustrious Hollywood history.
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