Wall Street Journal Features Michelle Oliver

Martin Lawrence's Former Beverly Hills Home Asks $26.5 Million

Beverly Park home Listed by Michelle Oliver and previously owned by actor Martin Lawrence is asking $26.5 million.

The founder of national handbag and shoe company bought the home in a private sale from Mr. Lawrence, according to people familiar with the situation. The property was purchased earlier this year for $17.2 million, according to public records. The owner renovated the home to lighten its rooms and "put his stamp on it," says Michelle Oliver, one of the listing agents

The 15,500-square-foot Neoclassical home with seven bedrooms and 10 bathrooms has a two-story entry and a home theater. The 2.2-acre property includes a sunken tennis court and a 1,000-square-foot guest house and pool house.