LOS ANGELES _ On a scenic mountainside in Utah, the 14,100-square-foot vacation home of movie magnate Jeffrey Katzenberg has sold for $11.6 million.
The longtime Disney executive, who co-founded DreamWorks SKG in 1994, first listed the property seven years ago for $20.5 million, records show.
Set on 1.57 acres of grounds, the tree-filled retreat enjoys views of Deer Valley and nearby ski runs. Awash in wood and stone, the lodge-vibe interior was done by designer Naomi Leff, who also designed Ralph Lauren's Double RL Ranch in Colorado.
Through a beamed-ceiling foyer with dual staircases, the entry descends to a two-story living room anchored by a stone fireplace. There's also a dining room, a center-island kitchen and a breakfast nook with built-in seating. The family room centers on a wet bar.
Seven bedrooms, 9.25 bathrooms and a host of amenities such as a sauna and an indoor swimming pool fill out the rest of the tri-level floor plan.
Decking extends from the rear, taking in scenes of the trees and city below.
Katzenberg, 68, spent a decade as chairman of Walt Disney Studios before co-founding DreamWorks Animation with Steven Spielberg and David Geffen. After serving as the studio's CEO, he left in 2016 to lead the media and tech investment company WndrCo.
