Though Ezra Callahan is hardly a household name, his resume is certainly impressive, dating back to the earliest days of Facebook — when Callahan was one of the first six employees hired to create what would eventually become the world’s largest social media platform, with more than 2.8 billion active users and a trillion-dollar market cap. The Stanford grad left Facebook in 2012 with .08% of Facebook’s total shares — a stake that could be worth a whopping $800 million today — to co-found Arrive Hotels & Restaurants, which was acquired earlier this year by boutique hotelier PaliSociety. And so he’s easily got enough pocket change to purchase this extravagant Mediterranean-style estate in Pasadena, where he’s long resided.
Records reveal Callahan and wife Marisa, also an ex-Facebook employee, purchased their new five-bedroom, six-bath home for $13.3 million — quite a discount, considering the asking price was originally $15.4 million in March before it was slashed to $13.7 million in July. Originally designed by architect Kirtland Cutter, the property was built way back in 1929 for Walden Shaw, a Chicago auto dealer who had a hand in launching the Yellow Cab Co. Also occupied through the years by businessman and philanthropist Henry Braun and Dodgers pitcher/analyst Orel Hershiser. The most recent owner was J. Terrence (Terry) Lanni, the former chairman and CEO of MGM Mirage and a prominent thoroughbred horse owner, who died in 2011 at age 68.
Nestled securely behind gates, on a 1.7-acre parcel overlooking the gorgeous Huntington Library grounds, the traditional two-story residence has been well-maintained but could stand a historically sensitive update. Fronted by a spacious brick motorcourt and a four-car garage equipped with a workshop, the estate offers picturesque mountain views. The main residence features 9,000-plus square feet of ornate living space, with additional structures including a guesthouse with its own two-car garage, a caretaker’s apartment and a poolhouse.