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The Owlwood estate in Holmby Hills, Los Angeles has been sold for a whopping $88million
The home features an Italian Revival-style mansion and guest house and a total of nine bedrooms and 10 bath
It comes with a sunken tennis court, Olympic-sized pool, and sweeping veranda
It was sold in an off market-deal as three separate parcels and closed on December 23
The buyer was Calch Urban Investments, a newly registered LLC based in Illinois
The historic estate was previously owned by actor Tony Curtis and singing duo Sonny and Cher
The home fell into the spotlight in 2019 when resident Robert Shapiro was sentenced to 25 years in jail for running a $1.3 billion real estate Ponzi scheme