Studio City is having a moment—and I’m here for it. The Fryman Estate, a bespoke new build by designer-builder Rob Diaz, privately previewed last week and is set to debut at $42,000,000. This is the kind of property that doesn’t just enter the market; it recalibrates it
A legacy site, reimagined
This residence sits on the former property of Alex Trebek, the iconic host of Jeopardy!—a storied address thoughtfully transformed into a modern, resort-style compound. The team replaced the original 1920s home with a next-generation estate designed for privacy, wellness, and indoor–outdoor living at scale. Located at 3405 Fryman Road, the estate spans ~17,627 sq ft (plus ~3,400 sq ft of upper decks) on 1.4+ acres, with 7 bedrooms and 11 baths. Think curated materials, serene courtyards, a pool, dedicated fitness/wellness spaces, and layered outdoor lounges that make the home feel like a private retreat. It’s exactly the kind of livable luxury my clients ask me for—warm, tactile, and built to age beautifully, but why Studio City- and why now? I’ve said for years that Studio City’s blend of privacy, canyon greenery, and studio-adjacent convenience is irresistible. Lately, it’s become the new playground for athletes and celebrities. Case in point: Christian McCaffrey and Olivia Culpo purchased George Clooney’s former Studio City estate for $14.5M, underscoring how marquee buyers are planting real roots here. Could this be The Radford effect (2028 and beyond).
Momentum isn’t just about marquee sales—it’s also infrastructure. The Radford Studio Center modernization is underway, with plans calling for extensive upgrades and approximately 25 new studio sites expected by 2028. For entertainment professionals (and anyone who thrives on proximity without the chaos), that’s a powerful demand driver—minutes from Fryman, yet worlds away in privacy.
My take, as a Valley specialist, I look for homes that feel as good Monday–Friday as they look on a glossy listing page. The Fryman Estate checks every box: architectural credibility, intuitive flow, and a rare sense of calm on a legacy site. If you’re shopping at the top of the market—or considering selling into it—this is a moment to be strategic and move with someone who knows the micro-trends on these hills.
Thinking of making a move?
If you’d like a private showing—or a confidential pricing/absorption read on Studio City estates—message me. I’ll tailor a strategy to your goals and timing, from off-market intel to white-glove negotiations.
