Hot Property: For movie mogul, Utah's a wrap
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
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