If ever there was a home that had stories to tell, this is the one. Simply known as “Farralone” this amazing estate was once famously owned by Frank Sinatra and is currently listed by Coldwell Banker agent, Lynn Teschner, for $12 million.

The 10,000 square foot residence was owned by Sinatra in the heart of his Rat Pack years  and boasts more parties and celebrity visits than almost any other home you’ll come across. It’s rumored that this is where John F. Kennedy met Marilyn Monroe and was also the location for Judy Garland and Vincent Minelli’s wedding. Sinatra would also shoot off fireworks in the backyard to signal to his neighbors that it was time for happy hour.

Aside from the amazing history of the home, the residence is truly a magnificent piece of architecture with 16 feet walls of glass curtains, a 50 ft. swimming pool in the back and a 1,000 sq. ft. guest house with its own private pool. Farralone sits on 14 acres of land that includes a vineyard and parking for up to 200 cars.

While the home boasts many stories of yesteryear it’s also a popular location for many modern pop culture venues. The home is most prominently seen today in AMC’s Mad Men and was also used in Usher’s Burn music video.

While $12 million is nothing to balk at, to me it sounds like a bargain given the history and glamour of the listing when compared to other home prices in exclusive Southern California markets. Besides, how cool would it be to live in Sinatra’s house? I guess one owner will soon discover what it’s like to have the world on a string.

To see more photos and details on the Farralone estate, click here.

Photo: Everett Fenton Gidley 310-990-0106 www.efg3.com