Infomercial exec asking $8.995M for Encino mansion

Medium b552bf2c5054a506d4130f974c946f8d Colin Sapire and Caron Sapire have listed for sale the four-bedroom, five-bath home at 16405 Mulholland Dr. in Encino for $8.995 million.

The Sapires acquired the property for $5.65 million in July 2005. The 7,930-square-foot house was built in 1990.

Gregory Holcomb of Sotheby's International Realty Affiliates LLC is the listing agent for the home.

Colin Sapire has served as the president of TV Traffic Inc., developers and makers of infomercials. He attended the University of Cape Town.

According to, there were 836 home sales in Encino in 2008, with a median price of $640,250.

Address: 16405 Mulholland Drive
Buyer(s): Caron Sapire and Colin Sapire
Seller(s): Keenen Ivory Wayans
Sale date: Jul. 12, 2005