Tom Ford Close to Purchasing The Bloomingdate Estate in Holmby Hills for $40M

The Hollywood Reporter

Director and fashion designer Tom Ford is on the cusp of purchasing the famed Bloomingdale Estate, a 10,000-square-foot mansion that anchors a sprawling 3.2-acre property in the Holmby Hills neighborhood of Beverly Hills.

According to a source with knowledge of the deal, Ford is in escrow on the property and has offered just north of $40 million. Over the past few months the home on Delfern Drive, which brims with glamour and mystique, was quietly being shopped for $58 million.   

The gated estate was where Betsy Bloomingdale and her late husband, the department store heir and financier Alfred, called home for decades. Betsy Bloomingdale was a philanthropist and socialite who passed away in July. Known as one of the grand dames of the Los Angeles social scene, Betsy boasted an expansive network of friends that included the who's who of Hollywood and of California politics, many of whom graced the halls and the grounds for legendary dinner parties and events.

The well-manicured grounds include a tennis court, a large pool, a pool house and impeccably manicured dahlia and rose gardens. The main house, originally constructed in the 1920s, was redesigned by the decorator and designer Billy Haines in 1958. It is believed to have nine bedrooms and seven bathrooms.

Earlier this year Ford was reportedly close to purchasing the former estate of producer Albert "Cubby" Broccoli in Beverly Hills for $53 million. That deal never materialized. Ford's neo-noir psychological thriller Nocturnal Animals, which stars Amy Adams and Jake Gyllenhaal and is set for a limited release Nov. 18, a wider release Nov. 23 and a nationwide release Dec. 9, is being mentioned as an Oscar contender.

When reached by The Hollywood Reporter, Josh Flagg of Rodeo Realty, who is the listing agent on the home, declined to comment.

Read more: Tom Ford's Inner Life: A Director's Turmoil, Depression Battles and Staggering Talent