Avengers Director Puts Pasadena 'Dynasty' Pond Palace on the Block for $45 Million

Arden Villa, the Pasadena estate forever tied to the lily-pond brawl on the 1980s soap "Dynasty," is back on the market with a $45 million price tag. Filmmaker Anthony Russo and his wife, Ann, are selling the compound after buying it in 2019 and overseeing a significant redesign, putting one of the region’s most recognizable gardens and grand interiors back under the spotlight.

Listing Details

According to the MLS entry on Coldwell Banker, the estate at 1145 Arden Road is listed at $45,000,000 and includes about 18,565 square feet of buildings across roughly 2.95 acres. The listing names Brent Chang of Compass and Drew Fenton of Carolwood Estates as the agents and notes that the property was added to the MLS on June 5, 2026.

Architectural Pedigree and On-Screen Fame

City planning documents credit the estate’s design to prominent Pasadena firm Marston & Van Pelt and place its construction in the mid-1910s, with original owners William Kennon and Patty Stuart Jewett, according to City of Pasadena records. The property’s marble steps and formal lily pond gained pop-culture notoriety as the setting for the infamous "Dynasty" catfight and have since appeared in other films and music videos, the Los Angeles Times reports.

Russo Ownership and Renovation

Public records and the listing indicate that Anthony and Ann Russo bought Arden Villa for about $15.58 million in 2019, then launched a comprehensive renovation to modernize systems while keeping historic details intact, according to Coldwell Banker. The online listing notes restored period elements paired with contemporary amenities that include a wine cellar, home theater and a separate mid-century guest house. The estate is shown only to prequalified buyers.

Where This Sits in Pasadena’s Market

Historically, Arden Villa has traded at much lower numbers. Coverage shows it sold for roughly $20 million in 2013 and was later marketed for as much as $28 million in 2017, illustrating how pricing for rare estates has climbed since the last cycle. Reporting from The Real Deal traces the property’s long, on-and-off presence in the luxury market and its steady pull for buyers seeking privacy with a side of TV history.

Photos and Public Reaction

Listing photos showcase the formal gardens, the reflecting pond, and the guest house, while local coverage picked up on the estate’s return to the market this week, as highlighted by the Mercury News. Whether the Russos land their full $45 million ask will come down to a very small circle of ultra-high-net-worth buyers who value film lore and seclusion as much as square footage.