Posted by Staff writer on Dec 29, 2012 03:56 AM EST

Former Disney CEO Buys Neighboring Estate in Bel Air for $8.2 Million

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Former Disney CEO Michael Eisner has bought a house adjacent to his current residence in Bel Air (Photo : Leahcim506/wilkipedia)

Michael Eisner, former chief executive of Disney has reportedly bought his neighbor's home in Bel-Air, California for  $8.2 million.

Eisner bought the residence through an anonymous trust and had finalized the deal on December 17, reports Trulia.

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Eisner's new purchase is just adjacent to his current residence.It is expected that both the residences will be joined to make one huge home. However, rumors also have it that one of his children might move in to the lately purchased home, reports Trulia.

The Tudor property was built in 1928. The house is sprawled across an area of 4057 square feet and has a stucco façade to it which makes it look a lot like Walt Disney's former home, reports Trulia.

The 7 bedroom-5 bathroom house comprises of a main house, a guest house, a cool pool and a large landscaped area surrounding the residence. The main house boasts of complete hardwood flooring, windows of leaded glass with half beamed interior and exterior finishes. Cross gabled roof lines and whitewashed bricks are added features of the main house, reports Hollywoodreporter.com

Eisner also owns a 4 story residence in Encinal bluffs, Malibu, right on the Pacific Coast Highway.

Eisner served as CEO of Disney for 21 years and some great movies were made during his tenure like " little Mermaid" and "Who framed Roger Rabbit". He left  in 2005 after which he was hired by CNBC to host a talk show, "Conversations with Michael Eisner." In 2007 his investment firm, The Tornante Company, started a studio, Vuguru. Eisner also created a claymation show - Glenn Martin DDS in 2009, explains Wikipedia.

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