Diane Keaton made millions flipping and restoring California properties

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Diane Keaton was best known for her legendary acting career, which spanned six decades across film, television and theater, but the late Hollywood icon also had a successful sideline as a house flipper.

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Over the last 40 years, Keaton, who died on Oct. 11 at the age of 79, bought, renovated and sold a variety of houses and cultivated a reputation as a respected restorer of historic homes, some of which had notable architectural pedigrees.

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"I follow my impulses just like I did with acting," Keaton said of her approach to house design in a 2017 interview with Architectural Digest.

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Keaton earned praise for her restorations and home design skills from the real estate community, and her work was profiled in top industry outlets including Architectural Digest, which have highlighted her aesthetic sensibilities, her instincts as a renovator and restorer and her dedication to preserving the authenticity of historic homes.

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Diane Keaton had a successful career as an actress and house flipper. (Andy Stavros/Douglas Elliman Real Estate; Kevin Winter/Getty Images)

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In March, Realtor wrote that the Oscar winner had "developed a keen talent for home flipping, particularly when it came to the restoration of neglected or abandoned properties."

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Here's a look at some of Keaton's most prominent renovation projects.

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Samuel-Novarro House in Los Feliz (LA), California

In 1988, Keaton purchased the historic Samuel-Novarro House in the Los Angeles neighborhood of Los Feliz. Built in 1928 by famed architect Frank Lloyd Wright's son Lloyd Wright, the house is an example of Mayan Revival style — combining decorative concrete blocks, dramatic geometry and an indoor/outdoor aesthetic.

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Exterior view of the Samuel-Navarro House in Los Feliz, designed by Lloyd Wright and restored by Diane Keaton after she purchased it in 1988. (Andrew Pielage Photography)

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The landmark residence was in deteriorating condition by the time Keaton purchased it, with issues that needed significant repair and restoration.

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When she acquired the home, Keaton undertook significant renovations and restorations to update it while retaining its architectural character. She sold the home five years later.

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Interior view of the Samuel-Navarro House in Los Feliz, which Diane Keaton restored in the late 1980s while preserving Lloyd Wright’s geometric design. (Andrew Pielage Photography)

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Years later, renovation contractor Justin Krzyston of Stonehurst Construction undertook a further restoration, addressing aging finishes and structural issues and repairing original details.

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"I was able to meet with Diane Keaton — who lived here in the early '90s and did one of the first renovations — and she gave me some great advice on how to approach the restoration 20 years later," Krzyston told Architectural Digest in 2016. "She told me to go slow, don't treat it like any other renovation, and don’t change any more than you have to; keep the integrity of the house and the way Wright intended it to be."

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The dining area inside the Lloyd Wright–designed Samuel-Navarro House in Los Feliz. (Andrew Pielage Photography)

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The property is often cited as one of her first "design-driven" flips and is frequently referenced in articles as emblematic of her aesthetic sensibility. Keaton's restoration of the home established her reputation as a serious preservationist.

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Keaton is also known to have been involved in the preservation of the Ennis House, also designed by Lloyd Wright. She served on the board of the Ennis House Foundation, was active in fundraising and advocated for its restoration.

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Spanish Colonial Revival in Beverly Hills, California

In 2007, Keaton bought an 8,434-square-foot, seven-bedroom, nine-bathroom Spanish Colonial Revival house for $8.1 million.

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While living there, she undertook a restoration with designer Stephen Shadley. Her work was covered in 2008 by Architectural Digest, and revisited by the outlet in a profile, published on Oct. 13 following her death. According to the outlet, she initially bought the property at the beginning of the 2000s but later backed out due to her concerns over the renovation required.

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"My feeling is that you find an authentic house and, authentically, try to restore it," Keaton said during a 1999 tour of the home.

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"I wanted a Spanish Colonial because I’m in love with California and our history. My fantasy would be to continue to buy homes that are representative of the architecture of California and restore them," she said.

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In 2009, she listed the home for $12.995 million, and it was purchased by "American Horror Story" producer Ryan Murphy for $10 million.

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Shaw's Cove House in Laguna Beach, California

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Oceanfront view of the historic Shaw’s Cove home in Laguna Beach, which Diane Keaton purchased in 2004 and restored over two years before selling in 2006. (Andy Stavros/Douglas Elliman Real Estate)

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Keaton bought a historic Spanish Mediterranean oceanfront house known as Shaw's Cove in 2004 for $7.5 million, listed by Andy Stavros of Douglas Elliman Real Estate.

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Exterior view of the Spanish Mediterranean–style Shaw’s Cove home in Laguna Beach, which Diane Keaton purchased in 2004 and restored before selling in 2006. (Andy Stavros/Douglas Elliman Real Estate)

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Over two years, the actress restored the home while preserving its original decorative Spanish tile, ironwork, wood beams, carved doors, stucco and terraces, according to Ocean magazine. The outlet also noted that she altered fenestration to maximize views and indoor-outdoor openness.

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Interior view of the Shaw’s Cove home in Laguna Beach, where Diane Keaton preserved original wood beams and tile while updating the space to maximize ocean views. (Andy Stavros/Douglas Elliman Real Estate)

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The primary bedroom was "updated with a nod to the heritage, but re-imagined and outfitted for today," according to Starts at 60.

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The primary bedroom of the Shaw’s Cove home in Laguna Beach was updated by Diane Keaton with a modern design that preserves the property’s classic character. (Andy Stavros/Douglas Elliman Real Estate)

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In 2006, she sold the home for $12.75 million, marking one of her most profitable flips.

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Newman Residence in Pacific Palisades (L.A.), California

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Aerial view of the Lloyd Wright–designed Newman Residence in Pacific Palisades, which Diane Keaton purchased and restored in 2007 before selling in 2010. (Tara Herman/Engel Studio)

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In 2007, Keaton bought the Newman Residence in the Pacific Palisades area of Los Angeles for $9.1 million.

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Exterior view of the Lloyd Wright–designed Newman Residence in Pacific Palisades, which Diane Keaton purchased in 2007 for $9.1 million. (Tara Herman/Engel Studio)

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The house was designed by Lloyd Wright (son of Frank Lloyd Wright) for composer Alfred Newman in 1950.

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Front exterior of the Lloyd Wright–designed Newman Residence in Pacific Palisades, which Diane Keaton restored after purchasing in 2007. (Tara Herman/Engel Studio)

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Her restoration included modernizing the kitchen, restoring original woodwork and built-in furniture and converting part of the second floor into a glass-walled loft/master suite to bring in light and canyon views.

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Interior view of the Newman Residence in Pacific Palisades, highlighting Diane Keaton’s restoration of the home’s original woodwork and open-plan design. (Tara Herman/Engel Studio)

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The Newman Residence was later sold in 2010 for $10.75 million.

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Barrio Viejo House in Tucson, Arizona

Keaton's best known project outside of California was her house in the Barrio Viego neighborhood of Tucson, Arizona.

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The "Godfather" star purchased a 1880s Sonoran-style adobe row house in 2018 for $1.5 million.

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Diane Keaton's best-known project outside of California was her house in Tucson, Arizona. (Raymond Hall/GC Images / Getty Images)

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Keaton completed a high-touch refresh emphasizing historic materials and sold the home for approximately $2.6 million in 2020.

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During a 2018 appearance on "Jimmy Kimmel Live," Keaton discussed her project in Tucson, telling Kimmel she felt that the city was "underappreciated."

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"I’m going to redo and fix the adobe," she said at the time. "I just love Tucson."

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"House That Pinterest Built" in Brentwood (L.A), California

Keaton’s "Pinterest House" is her most well-known renovation. The actress documented her efforts in her best-selling book "House That Pinterest Built."

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The home was the result of a multi-year, full-scale gut renovation she undertook beginning around 2011. She described it as her "dream home," drawing on decades of collected visual inspiration including tear sheets, magazines, and later Pinterest to design the residence.

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Built largely of reclaimed brick, steel and industrial windows, the home blends an industrial sensibility with a warm, tactile aesthetic. Keaton prioritized light, openness and material authenticity by using raw textures, exposed structure and glazing. She also famously observed that she doesn’t use curtains.

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Diane Keaton died on Oct. 11. She was 79. (Amy Sussman/Getty Images / Getty Images)

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"I always had an interest in homes and the concept of home, but the problem is I never really land and stay. Something’s wrong .… But something’s right, because I love it," she told Wine Spectator.

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"I started to really love the brick and the textures of it … how they weren’t perfect," she continued.

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"My favorite room in my home is that damn kitchen," Keaton added.

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The home became her primary residence for about eight years until her death.

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People reported that Keaton surprised many when she listed the house, which hit the market for $25 million in March.

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