Bob Chapek Has Sold His California Estate For $13 Million
Earlier this year, we brought you the news that former Disney CEO Bob Chapek had listed his sprawling California estate three years after leaving The Walt Disney Company.
As a quick recap, Chapek was initially announced as Bob Iger’s hand-picked successor.
Source: Variety.com
While Chapek was certainly qualified for the position, having held numerous leadership roles across Disney for decades, his ascension nevertheless surprised investors and industry observers alike.
Photo: CNBC
Despite the optimism surrounding Chapek’s tenure at the outset, things quickly went off the rails.
Chapek’s Exit
Faced with the unprecedented challenge of leading Disney through the COVID-19 pandemic, Chapek ultimately managed to alienate both the company’s creative talent and business leaders.
The executive’s laser focus on streaming, response to Florida’s Parental Rights in Education Act, and behind-the-scenes friction with Bob Iger eventually led to his ouster.
Photo: Marc Piasecki/Getty Images
In November 2022, Chapek was dismissed from Disney.
The Former Disney Executive Listed His House Earlier This Year
More than three years after his departure, Chapek put his California estate up for sale.
Photo: Jordan Cohen Luxury Real Estate
In addition to its six bedrooms and six-and-a-half bathrooms, the home features a custom mosaic-tiled pool and spa, an expansive outdoor living room with a fireplace, a chef-quality outdoor kitchen, lush manicured lawns, and a waterfall koi pond.
Photo: Jordan Cohen Luxury Real Estate
“The ultimate landmark trophy estate in guard-gated North Ranch Country Club Estates! Absolutely exquisite contemporary showplace atop six privately gated acres with complete privacy and explosive unobstructed views! Nearly 10,000 square foot newer single story designed and built with the finest finishes throughout,” the listing explained.
Photo: Jordan Cohen Luxury Real Estate
The House Has Sold
As first shared by real estate agent Jordan Cohen, Chapek’s home has now sold.
Photo: Jordan Cohen Luxury Real Estate
Initially, the former Disney CEO was asking $15 million for the estate.
The final sale price, however, came in at $13 million.
Photo: Jordan Cohen Luxury Real Estate
As Chapek purchased the home for $12.5 million in April 2021, the longtime executive still managed to turn a profit.
You can read more about the sale in Cohen’s post below.
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