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at the Empire Magazine iPad Launch Party, Sunset Tower Hotel, West Hollywood, CA 10-02-12“Transformers” head honcho Michael Bay has sold his Bel-Air estate for a hefty $11.45 million. Now he can probably afford to make some more terrible films!

When Bay was not making “Transformers 8” or whatever, he spent his time in the three-story contemporary designed by the late Jack Warner. The estate, clocking in at 7,919 square feet, is complete with museum-like features that include high ceilings, a family room with a bar, a library, a home theater, a wine cellar, four fireplaces, four bedrooms and six bathrooms.

The pad sits on nearly one acre and has views of the Los Angeles Basin, Mt. Baldy and Santa Monica Bay.

Bay has produced and/or directed some OK films like “Armageddon,” the “Bad Boys” series, and “The Rock.” He has also helped ruin plenty of classic horror film series via unnecessary remakes. He bought the estate in 1999 for $5.16 million though, so we guess he wins this round.

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