L.A. real estate news and insights.
Here is the most unique home for sale this week in Calabasas.
This Monte Nido property has 6 bed/7 bath, 7,019 sq. ft. of living space, and is on 5+ acres.
The property features a main house, poolside cantina, horse corral, mountain views, a greenhouse, and a lake with Koi fish.
Text me for a tour at 818-445-7953.
Steve Wynn relists his Beverly Hills mansion with a HUGE price drop!
This property has a total of 11 bed/16 bath, 27,150 sq. ft. of living space, and is on almost 3 acres.
The estate features a main house, guest house, wine cellar, screening room, gym, and massage room.
The grounds include a resort-like pool, pool house, outdoor kitchen, and championship tennis court with a pavilion.
Current asking price: $75,000,000
Highest asking price: $125,000,000
Text me for a tour at 818-445-7953.
Jeffrey Huang, aka Machi Big Brother, just bought this LA mansion!
Asking price: $29,995,000
Selling price: $25,000,000
This Modern home has 5 bed/8 bath, 14,000 sq. ft. of living space, and is on a 22,391 sq. ft. lot.
The property features an expansive outdoor deck with a bar, spa, and an infinity pool with a baja shelf and cascading water wall.
A Saudi Prince lists Bel Air mansion.
This home has 9 bed/13 bath, 20,000 sq. ft. of living space, and is on 1.15 acres.
The property features breathtaking views, a 20-seat theater, a wine room, a wellness center, a state-of-the-art gym, and a full-size tennis court.
There is a 250 ft infinity pool, reportedly one of the biggest in LA!
Asking price: $75,000,000
Text me if you want a tour: 818-445-7953.
Deals estimated to be in the top 5% in a market on average dropped 44.6% year-over-year for the three-month period ending Jan. 31, according to Redfin. That’s the largest annual decline and the second-lowest level on record.
Miami’s luxury market took the biggest hit in the three-month period, with a year-over-year decrease of 68.7%. That was followed by Long Island (62.8%) and three California markets: Riverside (59.8%), Anaheim (59.3%), and San Jose (59%).
Los Angeles came in at a 55.5% decrease.
That lack of supply has pushed luxury home prices higher. The median price in the US was up 9% compared with the same period the year before.
Singapore billionaire buys decadent Hollywood Hills Chateau.
Asking price: $14,995,000
Selling price: $13,457,000
This home has 7 bed/8 bath, 8,609 sq. ft. of living space, and is on a 19,814 sq. ft. lot.
The Chateau des Anges is a neoclassical French chateau-esque, and it features a palatial ballroom, a “meditation room,” a gym, and two massive basements, one of which has been converted into a high-tech panic room.
The grounds have multiple patios, and a pool with a golden figure, La Reine des Étoiles (The Queen of the Stars), the “guardian and ambassador of a life well lived."
Here is a little good news for the holiday season.
Economic news spelled better news for home buyers who are shopping for a mortgage, even after the Federal Reserve’s latest rate hike.
Mortgage rates continued to dial back as new economic data shows inflation cooling off. Freddie Mac reported last Thursday that the 30-year fixed-rate mortgage averaged 6.31%. Rates have been decreasing ever since hitting a high of 7.08% last month.
Here is the largest home for sale this week in Beverly Hills... it's 38,000 sq. ft.!
Asking price: $85,000,000
12 bed/24 bath
The property features an indoor sports complex with basketball, pickleball, gym, boxing ring, and sports lounge & bar.
There is a guest penthouse, a caretaker house, 2 bedroom guardhouse, a 10-car garage, and the biggest zero-edge pool in Beverly Hills.
Text me for more info at 818-445-7953.
In ranking 25 of the world’s top luxury, or “prime,” real estate markets, Dubai topped the list, with prices expected to increase 13.5% in 2023, according to real estate consultancy Knight Frank. Miami ranked second, with prices expected to increase 5%. Dublin, Lisbon, and Los Angeles followed, with 4% expected increases.
The worst performers next year are expected to be Seoul and London, with prices expected to drop 3% for both. New York ranked in the middle of the pack, at 13, with prices expected to increase 2% next year.
Here is the most expensive home for sale this week in Los Feliz.
Asking price: $9,885,000
This grand art nouveau mansion has 4 bed/4 bath, 5,582 sq. ft. of living space, and is on a 75,596 sq. ft. lot.
The home features a 2 story living room, octagonal lounge/study rooms, a stone staircase, an observation tower, and a large roof terrace.
Outdoors include gardens, a basketball court, a guest apartment, and a large 2nd flat lot.
Text me for more info at 818-445-7953.
Lizzo buys an exquisite, minimalist estate once owned by Harry Styles.
Selling price: $15,000,000
This home has 3 bed/4 bath, 5,300 sq. ft. of living space, and is on a 13,503 sq. ft. lot.
The treehouse-like home features a soundproof movie theater and a fig tree rooted in an open-air atrium in the middle of the house.
Outdoors, a 58-foot infinity pool passes underneath the primary bedroom suite to the cliff’s edge.
Vin Scully and Chick Hearn are my two favorite sportscasters. Who is your favorite?
Vin Scully’s longtime Hidden Hills mansion is available now!
Asking price: $15,000,000
This Country French Chateau has 7 bed/9 bath, 11,615 sq. ft. of living space, and is on almost 2 acres.
The property features a 2-story main house that includes a screening room, wine cellar, oversized chef's kitchen, butler's pantry, and game room.
Outdoors, there is a detached guest house, full-size tennis court, infinity-edged pool, spa, outdoor kitchen, putting green, and 6-car garage.
Text me for more info at 818-445-7953.
When I was 12, I waited outside Engelbert Humperdinck's dressing room after one of his shows in hopes of getting his autograph for my mom. She was a big fan! When he emerged, he had a whisky in one hand, a cigar in the other, and was draped in women. Luckily, I got the autograph before the party got out of hand!
Original Asking price: $6,200,000
Reduced to: $4,495,000
Selling price: $4,050,000
Tommy Lee re-lists Calabasas home.
Asking price: $4,599,000
This hillside home has 6 bed/8 bath, 9,991 sq. ft. of living space, and is on a 12,258 sq. ft. lot.
The home features a central atrium with a retractable roof, a professional recording studio, and a screening room with a concessions bar.
The backyard has a private pool and spa overlooking the city views.
Text me for more info at 818-445-7953.
Imagine Dragons singer Dan Reynolds buys a Mid-Century Modern home in Los Feliz.
Asking price: $6,250,000
Selling price: $5,800,000
This extensively renovated home has 4 bed/5 bath, 6,136 sq. ft. of living space, and is on an 18,290 sq. ft. lot.
The home features indoor/outdoor living with custom floor-to-ceiling steel Fleetwood doors, a screening room, a private office, and a rooftop deck with views of the city.
The private backyard has a saltwater pool, fruit and palm trees, and a guesthouse/ entertainment space with a built-in bar, steam shower, bath, and temperature-controlled wine room.
