Beverly Hills · Provenance Record
1309 Davies Drive
$35,000,000 · recorded December 30, 2025
Beverly Hills, CA
A 2.37-acre Mediterranean-style estate built in 1956, with a roster of past owners that includes the family of Doris Day, Michael Caine, and Ricky Martin. Martin sold the roughly 9,200-square-foot residence in 2006 to Michael Smith, founder and chief executive of Freeport LNG, and his wife Iris Smith. The Smiths listed the property in August 2025 asking $75 million, later reduced to just under $50 million, and closed at $35 million that December. Carl Gambino of the Gambino Group at Compass represented both sides of the transaction.
Sale Price
$35,000,000
Record Date
December 30, 2025
Status
Closed
Property Type
Mansion (Mediterranean style)
Listing Agent(s)
Listing Brokerage
Gambino Group at Compass
Buyer’s Agent(s)
Carl Gambino (dual representation)
Buyer’s Brokerage
Gambino Group at Compass
Ownership Lineage
Every press-verified change of hands on record for this property, in order.
Prior ownership · Price not disclosed
The family of Doris Day and actor Michael Caine are named among the estate's prior owners
Press coverage of later sales at 1309 Davies Drive names the family of actress and singer Doris Day, and Oscar-winning actor Michael Caine, among the property's prior owners. Transaction dates and prices for this ownership were not disclosed in the sourced reporting.
Sources: The Real Deal, The Pride LA
Sold · $10,900,000
Ricky Martin purchases the estate for $10.9 million
Singer-songwriter Ricky Martin acquires the gated 2.37-acre residence for $10.9 million.
Sources: AOL / New York Post, The Pride LA
Sold · Price not disclosed
Martin sells to Michael and Iris Smith
Property records show the home trading from Ricky Martin to Michael S. Smith, founder and chief executive of natural gas exporter Freeport LNG, and his wife Iris Smith. The transaction price was not disclosed in press coverage.
Sources: The Real Deal
Listed · $75,000,000
The Smiths list the estate for $75 million
Carl Gambino of the Gambino Group at Compass takes the listing at $75 million. The price is reduced to just under $50 million later that same month after the listing fails to attract a buyer at the original ask.
Sources: The Real Deal, AOL / New York Post
Sold · $35,000,000
The estate closes at $35 million, less than half its original ask
The sale closes at $35 million, a discount of $40 million from the original $75 million asking price. The buyer's identity was not disclosed in public filings at the time of reporting. Carl Gambino represented both the seller and the buyer.
Sources: The Real Deal, New York Post, Mansion Global, Realtor.com
Press Citations
Every fact on this page traces to one of these sources.
The Real Deal
Beverly Hills manse once owned by Ricky Martin, Michael Caine trades for $35M
The Real Deal reported the $35 million closing at 1309 Davies Drive, confirming Carl Gambino represented both the buyer and the seller.
December 31, 2025
The Real Deal
Carl Gambino lands $75M listing once owned by Ricky Martin, Michael Caine
The Real Deal reported Carl Gambino taking the $75 million listing and confirmed, via PropertyShark records, that the home last traded in 2006 from Ricky Martin to Michael S. Smith and Iris Smith.
August 13, 2025
New York Post
Former home of Ricky Martin and Michael Cain sells for less than half its first asking price
The New York Post confirmed the $35 million closing price, the $75 million original ask, and Carl Gambino's dual representation of the sale.
January 2, 2026
Mansion Global
Mansion Global confirmed the sale price and the discount from the original asking price.
January 2, 2026
Realtor.com
Realtor.com confirmed the closing price and the property's prior ownership, including Michael Caine.
January 2, 2026
The Pride LA
Beverly Hills Estate With Ricky Martin Ties Trades Far Below Initial $75 Million Ask
The Pride LA reported the property's 1956 construction date, its roughly 9,200-square-foot footprint, and Ricky Martin's 2004 purchase price of $10.9 million.
January 5, 2026
AOL / New York Post
Former home of Ricky Martin and Michael Cain sells for less than half its first asking price
Reported the $10.9 million purchase price Martin paid in 2004 and the $25 million price cut, from $75 million to just under $50 million, before the eventual $35 million close.
January 2, 2026
How This Record Was Verified
- Method
- Compiled from public property records and their named press citations. This lineage reflects only transactions independently confirmed by the sources cited.
- Open entries
- The 2006 sale price from Martin to the Smiths was not disclosed in any sourced reporting. The identity of the December 2025 buyer, and the exact dates of the Doris Day family and Michael Caine ownership periods, were also not disclosed in press coverage at the time this record was compiled.
- Sources
- Every fact above carries its own citation, linked in the Press Citations section. Sourced from The Real Deal, New York Post, Mansion Global, Realtor.com, The Pride LA, and AOL.
- Corrections
- Unconditional and not contingent on any commercial relationship. See Corrections Policy.