New prices for the red hot luxury housing market in Los Angeles rose. However, last year, 100 million dollars in the market for specific homes and billion-dollar mountain peaks for the non-market agreements recorded the biggest surprises.


Coastal communities such as Malibu and Pacific Palisades see price records, while the ZIP codes in the Santa Monica and Beverly Hills regions are among the most preferred.

More than a dozen of the best housing sales in 2018 exceeded 30 million dollars. Besides, one of them took nine numbers. L.A. Let’s look at County’s biggest sales of the year.

1) $ 110 million – Malibu

Peter Morton, co-founder of Hard Rock Cafe, in April, sold $ 110 million to natural gas billionaire Michael S. Smith and his wife Iris Smith on the Pacific Coast Highway. The price is not only for the high level of the year, but also for a single family home sales. County registration.

The Malibu compound consists of a total of two parcels of half-acre and more than 100 meters of façade at the beach of the billion-folded billionaires.

Architect Richard Meier designed the property. The main house and guesthouse features teak veneers, automatic shutters and windows and winding balconies overlooking the ocean. Besides, the two houses combine an area of ​​approximately 8,000 square meters with seven bedrooms and nine bathrooms.

The grounds have a swimming pool and courtyard.

2) $ 85 million – Malibu

Daryl Katz, the billionaire owner of the Edmonton Oilers franchise, made a non-market deal in February to purchase Malibu property from Westside real estate agent Kurt Rappaport for $ 85 million.

Property located on a five-acre bluff on the Pacific Coast Highway. Otherwise, the monolithic vibe house offers a clean aesthetic and maximizes the ocean view.

Horizontal lines, black granite tiles and wooden walls are among the features of the 9,000 square meter house.

Completed in 2012, the house has six bedrooms and seven bathrooms, showing tax records. There are two guest suites as well as an infinity pool. The coastal setting completes a large lawn area and minimalist landscaping.

3) $ 68,822 million – Holmby Hills

In May, late paramount Pictures President and Chief Executive Officer Brad Gray’s North Carolwood Drive property sold for about $ 8.7 million at the requested price. The buyer was a limited liability company owned by Bruce Karsh, a billionaire investor.

Inspired by modern and farmhouse-style architecture, the wooden-lined residence offers 12,800 square feet of living space, a large room inspired by a barn, a home theater and five bedrooms.

An elevated bridge connects the main house to a two-story recreation facility with two gyms and a blue-bottomed swimming pool. A food court, olive trees, an organic orchard and vegetables and plant gardens complete the setting.

4) $ 66.25 million – Beverly Hills

An updated and expanded version of the former home of Danny DeVito and Rhea Perlman, which came to market for $ 85 million in May, sold three months later for $ 18.75 million. The buyer was James Packer, son of Australian businessman and media king Kerry Packer.

Large main house located on Ridgedale Drive in an area of ​​more than one acre. The compound features a two guest houses and an entertainment building. The buildings are about 29,000 square meters for living space.

The main house, designed by Robert DeYoung in the French style of France, features a projection room, an art studio, a bar, a den and a wine cellar.

Outside, an enclosed pavilion sits adjacent to the swimming pool.

5) $ 56 million – Bel-Air

Mohamed Hadid, controversial estate developer , built a French castle-inspired mega-mansion sold for $ 29 million in May at the original demand price. As well ass, the buyer of the real estate is invested by the investor and entrepreneur Max Fowles-Pazdro.

In 2017, Hadid did not want to try the charges of building another mansion in a mansion in Bel-Air. In 2007, Hadid built a house of 35,000 square meters. Three years later he sold his 2.2-acre estate to Turkish businessman Sarp Turanlıgil. $ 50 million.

Known as Le Belvedere, Nimes Road features a sprawling residential ballroom, a Moroccan-themed entertainment room and 5,000 bottles of wine cellar. Moreover, after a Turkish bath, a spa room was designs. There are 10 bedrooms and 14 bathrooms on two levels.

6) $ 45 million – Malibu

In July, Cindy Crawford in Malibu and his wife Rande Gerber sold a dollar selling a renewed compound. The property is located on the Pacific Coast Highway. The selling price was $ 15 million lower than what Crawford and Gerber were looking for in the property.

Supermodel and business man husband purchased 3 acres of land and an adjacent parcel in 2015 for a total of $ 50.5 million. However, the neighboring property covering about 2.75 acres was not included in the sale.

Located on a bluff with panoramic ocean views, the renovated house has 5,300 square meters of living space, four bedrooms and 5,5 bathrooms. Furthermore, features include custom-made, natural materials and white walls that create a comfortable beach aesthetic.

It also has a tennis court and a swimming pool. Further, at the edge of the resort, a road goes to the beach below.

7) $ 38 million – Malibu

Technology billionaire Larry Ellison, who owns about two dozen properties in Malibu, continued to expand its place in the beach community. In March, a company affiliated with Oracle founding partners paid $ 38 million for the oceanfront house of Hollywood filmmaker Joel Silver.

The beach house, originally listed for $ 57 million, was built in the 1930s and has since been updated. The property consists of two floors. Additively, three-quarters of an acre area in the house has too many seating areas. However, there is a 137-meter beach front, swimming pool and tennis court.

Living areas include a wonderful two-floor room, an official dining room and a high-quality office space.

There are five bedrooms and six bathrooms, plus a detached guest house. The master suite overlooks the ocean and Carbon Beach from the glass walls.

8) $ 33.9 million – Beverly Hills

Among the biggest real estate agents and shakers in 2018 were the singer Adam Levine, who bought two houses of $ 30 million and disposed of her two other properties.

The most expensive of the two acquisitions came in March when Maroon 5 paid $ 33,901 million for Max Mutchnick’s home, “Will & Grace”.

The British Tudor-style house belongeg to tennis star Pete Sampras, who sold to Mutchnick for $ 16.98 million nearly ten years ago. Besides, roughly 10,400 square meters, the house has five bedrooms and eight full bathrooms. There is a separate guest house and a separate gym. The main house has a home theater system and an office library.

In December, Levine and his wife, Behati Prinsloo, bought Pacific Palisades players Ben Affleck and Jennifer Garner for $ 31.95 million in a non-market market.

9) $ 33.85 million – Pacific Wars

Michael King of San Remo Drive, a recent TV trade union victim, set a new price record in the Westside community in May. Also, the recipient was an asset to Bui Simon, the wife of a former Miss Universe and Indiana Pacers owner Herbert Simon.

The sales price was about $ 1.35 million for the previous high water mark for a residential operation in Pacific Palisades, despite falling from the original $ 42 million.

Designed and built in 2005, the Georgian-style estate sits on 1 acres of land with city and ocean views. However, the 15,000-square-meter house belongs to the interior designer work of the former White House decorator Michael S. Smith and the landscape designer Deborah Nivens.

Moreover, details of the note include hand-painted walls, embroidered mother of pearl, an office with wood panel and a playroom. The two-storey floor plan includes seven bedrooms and 10 bathrooms.

10) $ 33.1 million – Beverly Hills

Another agreement is retired football star David Beckham and his wife, singer-model Victoria Beckham, sold their $ 33.1 million in September. They said goodbye to their home in Beverly Hills.

Also, tucked behind the huge iron gates and at the end of a private ride, the Italian villa-style mansion was built on speculation in 2007.

Painted in classic white and decorated with clay tiles, the H-shaped house has more than 13,000 square meters of  living space with formal living and dining rooms, an elevator, a library and a media / music room. As well as there are six bedrooms and nine bathrooms plus a dust room.

Outside, covered and uncovered verandas surround a wide grassy area. A swimming pool and pool deck sits across the lawn.

11) 33 Million Dollars – Hollywood Hills West

The closing in May was also for a newly constructed exhibition space with interiors made by Lenny Kravitz and the design firm. The property was sold at a price of $ 5 million.

The tunnel at the top of the Sunset Strip consists of three floors. In addition, there are 10 thousand 700 square meters of house. The property is visually remarkable with its offset ceiling lines, marble walls and glass retractable glass widths that focus on 270 degree city and ocean views.

The house also has a lower night club, open-closed terraces and a circular 70-meter swimming pool. The 12,000-pound granite rock features an outdoor fire feature.

12) 32 million dollars – Beverly Park

The Beverly Park mansion designed by architect Richard Landry. Property was sold to entrepreneur John Simonian, founder and owner of the luxury watch company Westime, for $ 32 million.

Built in 2009, the house of 22.905 square meters evokes a French castle. Facilities include a ballroom, an office with a wood panel, and a library with a glass bottom floor overlooking a brick wine safe.

The gated property is located on more than 2 acres of land with formal gardens. Home has water features, a motor court and a tennis court. There are indoor and outdoor swimming pools. Sauna and steam rooms are attach to the indoor swimming pool.

Source: Los Angeles Times

Melike Vodina / realestatecoulisse.com