Former Disney CEO Bob Chapek Sells L.A. ‘Trophy Estate’ for $13 Million After Cutting Hefty Chunk From His Asking Price

by Kelsi Karruli

skyline-of-jacksonville

Former Disney CEO Bob Chapek has secured a buyer for his hilltop Los Angeles estate—just four months after listing the "resort quality" dwelling for $14.99 million.

Chapek, 66, who served as CEO of the Walt Disney Company from 2020 to 2022, purchased the six-bedroom, seven-bathroom dwelling in 2021 for $12.5 million.

But just five years later, the "trophy estate" reappeared on the market, with property records showing that it was listed on Jan. 6.

While perhaps a far cry from the "Happiest Place on Earth," the extraordinary abode still flew off the market in a matter of months—albeit for around $2 million less than Chapek, who was replaced as Disney CEO by Bob Iger in 2022, had originally asked. As first reported by TMZ, he closed on the sale of the home at $13 million on May 4.

This means that the former Disney exec walked away with just a $500,000 profit from the sale.

Bob Chapek Former Home
Bob Chapek has offloaded his sprawling Los Angeles home for $13 million—just four months after listing the luxe abode. (Google Maps)

The property, which is located in Westlake Village inside a guard-gated country club community, spans 9,895 square feet and sits on a 6.02-acre lot on a hilltop, providing the home with what the listing described as "complete privacy and explosive unobstructed views."

Built in 2013, the lavish home comes with a five-car garage, gym, office space, glamorous walk-in closet, and walk-in pantry.

The property also features a home theater with a large projection screen, making it the perfect place to watch your favorite Disney movies.

The listing noted that no expense was spared on the design of the dwelling, which features top-quality craftsmanship and materials throughout, including "imported stone, custom burl and walnut wood finishes, lit onyx wet bar, multiple sets of automated pocket doors and magnificent detailed ceilings."

The grounds of the home are a veritable theme park of amenities, including a custom mosaic pool, an outdoor living room with a fireplace, an exterior kitchen, and a koi pond with a "cascading waterfall."

While the identity of the buyer has not yet been revealed, TMZ notes that they are not famous.

Chapek was fired by Disney in 2022 due to financial struggles that caused the stock price of the company to plummet, as well as internal power struggles.

ABC's Coverage Of The D23 Expo 2017
On Jan. 6, 2026, Chapek, who was replaced as the Disney CEO by Bob Iger in 2022, listed the home for sale for $14.95 million. (Group LA/Disney via Getty Images)

He was replaced by Iger, who previously ran Disney for 15 years.

Iger officially retired on March 18, 2026, and handed the company over to Josh D'Amaro.

Hours before D'Amaro was named Disney's new CEO—and successor to Iger—questions were already being raised about his plans to transform the company and, interestingly enough, how the new role might change his personal life.

D'Amaro, a 55-year-old Massachusetts native, was announced as the new CEO of the entertainment company on Feb. 3, with Iger, 74, describing him as an "exceptional leader" who will pioneer some of Disney's "most ambitious projects."

“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” Iger said in a statement, according to the Los Angeles Times.

“He has an instinctive appreciation of the Disney brand, and a deep understanding of what resonates with our audiences, paired with the rigor and attention to detail required to deliver some of our most ambitious projects.”

According to The Hollywood Reporter, D'Amaro received a staggering $38 million compensation package, which included a $2.5 million base annual salary and a $9.75 million one-time payment when he ascended to the role on March 18.

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