haim saban

Villa Eden, Estate of the Day

Filed under: Estates

I first heard about this estate a year ago after the Wall Street Journal reported that media billionaire Haim Saban was putting his Acapulco, Mexico vacation home on the market. A year later and the home is still on the market for the same price. The three-acre gated compound in the Las Brisas community is the estate that Warner Communications (which became Time Warner) used to entertain clients and celebrities. In the late 1990s, Time Warner needed to cut costs and sold the home known as Villa Eden to Saban for around $7 million in 2001. The home has 12 bedrooms (plus five bedrooms in the servant quarters), 17 bathrooms, indoor and outdoor tennis courts, two pools, five massage rooms and a wine cellar. The expansive home has jetliner views of the Acapulco bay. It is listed at $12 million.

For more prime properties and lush locations, see Luxury Homes and Mansions.

Gallery: The Warner Retreat