Actor Sylvester Stallone reportedly purchases a lakefront property in Thousand Oaks, CA that had been listed for $7.2M

Actor Sylvester Stallone reportedly has purchased two lakefront parcels – one of which contains a house – in Thousand Oaks, Calif. that had been on the market for around $7,200,000. The Los Angeles Times’ Ann Brenoff broke the story this week of Sly’s apparent purchase of the property, which is at 410 Lake Sherwood Drive in Thousand Oaks. Public records don’t yet confirm Stallone’s purchase, but we have no reason to doubt her report. Public records show that the owner of the property has been something called Brown Center, LLC. On the main, 1.14-acre parcel, which has 500 feet of frontage on Lake Sherwood, is a three-bedroom house that was built in 1946. Brenoff reported that Stallone is expected to eventually raze the house, which has two fireplaces and a pool room and which measures either 1,987 square feet, according to public records or 3,600 square feet, according to listing information. That main property had been listed for $5,499,000. Brenoff also reported that Stallone has purchased an adjacent lot that had been on the market for around $1,700,000. Check out an online listing sheet for the property that Stallone reportedly purchased – complete with photos. Brenoff wrote that Stallone’s main residence “reportedly” is in Beverly Hills. Actually, we can report definitively that Stallone’s principal dwelling is his 15,121-square-foot mansion on 4.173 acres at 30 Beverly Park Terrace in Beverly Hills, which Stallone owns through his Lion’s Castle Trust. Also, for much of the latter half of the 1990s, Stallone made the news a ton for his efforts to sell his mansion on 11.72 acres at 100 SE 32nd Road (at Brickell Avenue) in the Cliff Hammocks neighborhood in Miami. Although Sly long had had that 31,046-square-foot Miami mansion on the market for $27.5 million, he finally sold it in late 1999 for about $16.2 million, according to public records. The buyers were banker Leonard Abess and his wife, Jayne.

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