$27M Bob Hope Estate In Toluca Lake Up For Sale

LOS ANGELES (CBSLA.com) — It's considered to be among the most historic — and expensive — estates in all of Southern California, and now it can all be yours.

The Toluca Lake home of Bob and Dolores Hope is up for sale with an asking price of $27.5 million for the five-acre property, which includes a 15,000-square-foot mansion, a one-hole golf course, and an indoor pool.

A guest house and an adjoining 4,000-square-foot office space also make up the sprawling estate on Moorpark Street, where Bob and Dolores Hope lived and entertained Hollywood celebrities and presidents from 1939 until their deaths in 2003 and 2011, respectively.

In addition to its proximity to the Lakeside Golf Club, the estate's new buyers will have at least one celebrity neighbor: singer Miley Cyrus is reported to live nearby, according to the Los Angeles Times.

The announcement of the listing comes on the heels of an auction that included golf memorabilia and mementos from the couple's homes in Toluca Lake and Palm Springs that was estimated to bring in more than $500,000.