See inside the $26 million Bel Air estate where legendary Ford and Chrysler exec Lee Iacocca lived

Lee Iacocca's estate.

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Lee Iacocca’s estate.
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Hilton and Hyland

Late Lee Iacocca’s Bel Air estate has been listed at almost $26 million, six times more expensive than he originally purchased the property for.

Iacocca – an automotive industry titan – was formerly an executive at both Ford and Chrysler. He has also been credited with saving Chrysler from bankruptcy in the 1980s after petitioning the US government for assistance, which led then-President Jimmy Carter to sign the Chrysler Corp. Loan Guarantee Act of 1979.

The auto tycoon is also credited with introducing the iconic Ford Mustang onto the market.

Iacocca died on July 2, 2019 at the age of 94, and the property is now being sold by his daughter Lia Iacocca Assad, the Wall Street Journal reported.

Keep scrolling to see the 10,682 square feet home listed by Hilton and Hyland that has been visited by the likes of Betty White and Frank Sinatra:


The home has officially been listed for $25,999,000.

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Lee Iacocca’s estate.
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Hilton and Hyland

Hilton and Hyland claims Bel Air is considered one of the most prestigious communities in Los Angeles.

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Lee Iacocca’s estate.
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Hilton and Hyland

It’s a part of the “Platinum Triangle” that includes Beverly Hills and Holmby Hills.

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Lee Iacocca’s estate.
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Hilton and Hyland

The neighborhood’s current residents include Elon Musk and Jay-Z and Beyonce, according to the Los Angeles Times.

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Lee Iacocca’s estate.
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Hilton and Hyland

Source: Los Angeles Time


Prior icons who also called Bel Air home include the likes of Judy Garland, Elizabeth Taylor, and Alfred Hitchcock.

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Lee Iacocca’s estate.
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Hilton and Hyland

Lia Iacocca Assad told the Wall Street Journal that her father often hosted social events on the estate.

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Lee Iacocca’s estate.
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Hilton and Hyland

Source: Wall Street Journal


Guests who have been to the property include Frank Sinatra, Priscilla Presley, Betty White, and Bob and Dolores Hope.

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Lee Iacocca’s estate.
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Hilton and Hyland

Iacocca first purchased the home in 1993 for $4.25 million…

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Lee Iacocca’s estate.
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Hilton and Hyland

…which is six times less than its current listing price.

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Lee Iacocca’s estate.
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Hilton and Hyland

Iacocca purchased the property after stepping down from his position as CEO and chairman of Chrysler, according to Hilton and Hyland.

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Lee Iacocca’s estate.
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Hilton and Hyland

This home is 10,682 square feet.

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Lee Iacocca’s estate.
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Hilton and Hyland

It’s build in an Italianate — or Tuscan — style.

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Lee Iacocca’s estate.
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Hilton and Hyland

It was the most popular home architecture style in the US between 1840 to 1885.

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Lee Iacocca’s estate.
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Hilton and Hyland

Source: ThoughtCo


The home sits near the Bel-Air Country Club and Hotel Bel-Air.

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Lee Iacocca’s estate.
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Hilton and Hyland

It has five bedrooms…

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Lee Iacocca’s estate.
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Hilton and Hyland

…and eight bathrooms.

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Lee Iacocca’s estate.
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Hilton and Hyland

The fifth bedroom is in a staff apartment.

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Lee Iacocca’s estate.
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Hilton and Hyland

The staff apartment also has a bathroom and a dining room.

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Lee Iacocca’s estate.
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Hilton and Hyland

There is also a tennis court on the property…

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Lee Iacocca’s estate.
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Hilton and Hyland

…which sits on the acre manicured of land.

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Lee Iacocca’s estate.
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Hilton and Hyland

The backyard also has a pool.

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Lee Iacocca’s estate.
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Hilton and Hyland

There is a library adorned with wooden walls and a coffered ceiling.

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Lee Iacocca’s estate.
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Hilton and Hyland

The formal dining room has a large chandelier and leads into the backyard.

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Lee Iacocca’s estate.
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Hilton and Hyland

There are five fireplaces throughout the estate.

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Lee Iacocca’s estate.
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Hilton and Hyland

David Kramer, one of two listing agents, told the Wall Street Journal that the home is in “good condition.”

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Lee Iacocca’s estate.
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Hilton and Hyland