Estate Sells For $200 Million Less Than Its Initial Asking Price—And Still Breaks A Record

Another record-breaking home sale has hit the books in California. The Los Angeles estate known as Chartwell has reportedly sold.

Estate sells to media heir for about $150 million

The sale of Chartwell is just the latest for a high-end market that has seen a surge of huge deals in recent years. Since 2016, Los Angeles has had six sales of at least $100 million or more. Of California’s seven sales of $100 million or more, only one sits outside of…

$150 Million for a Château-Style Mansion

Sitting on more than 10 acres, Chartwell was designed by architect Sumner Spaulding in the 1930s as a French Neoclassical-style mansion, according to the listing.

Home Designed By Lloyd Wright Lists for $13.5 Million

The residence was previously home to actress Diane Keaton and composer Alfred Newman. A Pacific Palisades, California, home designed by Lloyd Wright—the son of iconic architect Frank Lloyd Wright—hit the market last week, listing for $13.5 million. VIEW PDF

Pacific Palisades house is a winner with Oscar recipients

The Newman Residence, built for nine-time Academy Award-winning composer Alfred Newman, is for sale in Pacific Palisades at $13.5 million. Another Oscar winner, actress-producer-director Diane Keaton, spent more than two years refurbishing the Lloyd Wright-designed midcentury modern house before selling it in 2010 for $10.75 million.

Variety Showbiz Real Estate Elite 2019

Specializing in significant estate properties with more than $3 billion in sales since 2007, Fenton’s handled such storied estates and mansions as the Playboy Mansion, Doheny Estate and Rosewood in Bel-Air. Sales total for the past 12 months hit $500 million, including the highest sale in Beverly Hills of $66.25…

Highest Priced Home For Sale In The U.S. Is Now This $245 Million Former Private Listing

After a little while as a private listing, the 10-acre Los Angeles estate belonging to now-deceased billionaire Jerrold Perenchio (No. 717 on Forbes Billionaires in 2017) has come on the multiple listing service with an asking price of $245 million and a bevy of brokerages representing the property, as the…

Home of the Week: Playing up a classic in Beverly Hills

A recent renovation by a Hollywood production designer has given this 1932 Monterey Colonial a new look while still keeping classic character details. The home, listed for $8.995 million, is entered through a front courtyard featuring hand-picked olive trees and a fire pit. What was once the home’s sun porch…

The Chartwell Estate in Los Angeles is for sale for $245 million

A Los Angeles mansion is on the market for $245 million, making it the most expensive house for sale in the US — and about 960 times more expensive than the typical American home. Sitting on nearly 11 acres, the main home of the Chartwell Estate was designed by Sumner…

Bel-Air vineyard of late billionaire A. Jerrold Perenchio lists for $20 million

A Bel-Air property used by late billionaire Jerry Perenchio as a producing vineyard has listed for sale at about $20 million. The 1.41-acre parcel sits directly across the street from Chartwell, Perenchio’s longtime estate.

Hot Property: Bel-Air’s Great Chartwell Estate

The Bel-Air estate of late Univision billionaire A. Jerrold Perenchio will chart its next course on the public market. After being quietly shopped since last year as a nine-figure pocket listing, the French Neoclassical mansion known as Chartwell is now for sale in the Multiple Listing Service for the high-water…

$245M Bel Air Mansion is the Nation’s Most Expensive Listing

$245M Bel Air mansion is nation’s most expensive listing. Originally listed for $350M, it’s still a potential record-breaker after a price cut. The limestone clad mansion in Bel Air owned by the late TV executive Jerry Perenchio just got a price cut. But at $245 million, the commanding French neoclassical…