Via wdwnt.com
Disney CEO Bob Chapek is on the move. Chapek has purchased a $12.5 million mansion in Westlake Village, California. The home, built in 2013, sits on just over 6 acres of land.
According to real estate site dirt.com, Chapek’s new home has six bedrooms and 6.5 bathrooms in its 9,895 square foot layout. The purchase is the area’s largest real estate deal since July 2019. The gated community is home to other celebrities, including WWE wrestler The Miz, Heather Locklear, and NFL wide receiver Cooper Kupp.
Westlake Village is located an hour’s drive northwest of Los Angeles. This isn’t much of move for Chapek and his wife Cindy; they have lived in the community since 2019. The Chapeks purchased their current home for $3.5 million. That house is now on the market, listed at $7.495 million.
The Chapeks will also need to pay $650 per month in homeowner’s association dues and golf course maintenance fees.
Bob Chapek was named Disney CEO in February 2020, just one month before the global pandemic impacted Disney operations around the world. Despite the challenges, Walt Disney Company stock reached an all-time high in early March 2021.
