Huge Price Drop for Bob Hope’s Modern Marvel in Palm Springs

When it comes to a one-of-a-kind architectural marvel that had been the prized property of one of the world’s biggest entertainers, there’s not a lot of comparable homes on which to base a listing price.

That appears to be the case for Bob Hope’s modern home that looks out over the entire Coachella Valley in Palm Springs. The John Lautner-designed property was listed for sale last March for $50 million, but after no buyers stepped forward, the property has just been re-listed at a $16 million reduction.

bobNow the question is whether the price drop will be enough to attract a buyer for the masterpiece at 2466 Southridge Rd., Palm Springs, CA 92264.

Hear that, Ellen DeGeneres? DeGeneres is one of Hollywood’s most active buyers and sellers of mega-million-dollar trophy homes and recently snagged a iconic property of her own.

While the Lautner design was modified somewhat by Delores Hope, causing the famous architect to distance himself somewhat from the property, it is a singularly stunning creation that aimed to organically fit into the desert landscape by mimicking the shape of a volcano. Set on 6 acres, the sprawling abode is 23,366 square feet with at least 10 bedrooms and 13 bathrooms.

But the many details and amenities included in the property are secondary to the overall narrative of the property:

“Mere words cannot describe this majestic and historical piece of architecture which was the largest private residence designed by John Lautner and commissioned by legendary Bob and Dolores Hope. The property has entertained dignitaries from all over the world and is viewed by many as one of the most iconic pieces of architecture in the world,” the listing notes say.

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Laura Vecsey is a freelance writer for Zillow Blog. Read more from her here.