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Brad Pitt splashed out on a historic $40 million bachelor pad located on the cliffs of Carmel, California. He co-founded Kim Kardashians shapewear line Skims; she co-founded Khloe Kardashians Good American denim brand. Lavish fundraisers drew the support of luminaries from Snoop Dogg to Bill Clinton, raising millions of dollars including a claimed $5m from Pitt himself, who lived part-time in New Orleans with his then wife, Angelina Jolie. These cookies will be stored in your browser only with your consent. Check out more images of D.L. By clicking Accept, you consent to the use of ALL the cookies. Pitt bought from the mansion from Cassandra Peterson, better known as horror hostess Elvira. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. Andrew has written for The Atlantic, Vice, SF Weekly, the San Francisco Chronicle, McSweeney's, The Bold Italic, Drowned in Sound and many other places. A real-estate source previously confirmed to PEOPLE that he was trying to unload the expansive property for about $40 million in January. Pitt first called the space home after buying the original mansion from Elvira, Mistress of the Dark star Cassandra Peterson in 1994 for a reported $1.7 million. He initially sought $40 million. The six-bedroom, seven-bathroom house, known as Briarcliff Manor, was built for oil baron Louis McCray in 1910 and has numerous gables, as well as copper and dark wood walls. Keller believes Brad Pitt had good intentions. The project seemed cutting-edge, if not utopian. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. A rep for the actor did not comment when contacted by Page Six. It has been in a perpetual state of being finished for 50 years, it was difficult to tell what all of the rooms are. With sleek designs, the house has affectionately been nicknamed The Steel House, emphasizing the steel and glass that comprises much of the home. Blufftop estates buyers are Kardashian fashion moguls Jens and Emma Grede, Fashion moguls Jens and Emma Grede; Brad Pitt and Ellen DeGeneres; 32316 Pacific Coast Highway (Google Maps, Getty).