Michelle Pfeiffer Pays $10 Million for a Sophisticated L.A. Estate on the Palisades Riviera

It’s no secret that Michelle Pfeiffer and her television producer husband David E. Kelley have a thing for the posh Westside of Los Angeles. The couple has bought and sold a number of homes there over the past few years, frequently at eye-popping prices. Two years ago, they inked a widely publicized deal to sell a Pacific Palisades mansion for $25 million to the ex-wife of a major TikTok investor. And way back in 2005, they sold a palatial Brentwood home for $18 million to its current owner—Disney CEO Bob Iger.

Now the serial house flippers are at it again; records indicate they’ve ponied up $10.6 million to acquire a house located in a particularly prime pocket of the so-called Pacific Palisades Riviera. The 7,600-square-foot mansion happens to sit right next door to Bill Cosby’s longtime L.A. home, and it’s also sugar-borrowing distance from the lavish estates of Steven Spielberg, Sugar Ray Leonard and Dan Castellaneta.

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Built in 1993, the Mediterranean-inspired mansion last sold in 1995 for $2.8 million to legendary winemaker Al Scheid, who died in the house earlier this year. Kelley and Pfeiffer were eager to secure the keys to their very beige new castle, as they paid some $130,000 over the Scheid family’s initial asking price.

The flat 0.38-acre lot is defined by the exceptionally tall trees that ring its perimeter; they dominate the front motorcourt, which is double-gated and features an attached three-car garage. Arched double front doors open into a grand formal entryway highlighted by a sweeping staircase. To the right of the foyer lies a fireplace-equipped living room brightened by multi-pane windows.

Many of the other rooms are pleasingly luxurious ’90s decorative throwbacks, including the family room—with its granite-topped wet bar and burled hardwood floors—and the kitchen, which spills out into “an informal secondary family room,” per the listing. Upstairs are four of the home’s five bedrooms, all of them decked out in wall-to-wall carpeting. The supersized primary suite features a fireplace, dual closets, a sitting area and a private balcony overlooking the grassy yard.

Out back, a vine-draped loggia hosts an outdoor dining patio, while terracotta tile steps lead down to rectangular swimming pool shaded by manicured hedgerows and multiple palm trees.

Records also indicate that this is not the only Pacific Palisades property Pfeiffer and Kelley currently own. They’ve also got a far smaller and older house elsewhere in the neighborhood, which happens to be currently up for grabs at $7.4 million. The couple quietly bought that 1940s place in late 2021, paying $6.9 million.

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