Over and above what most of us consider “luxury properties,” these 10 homes/mansions/estates currently represent the most expensive residential properties available for purchase in Los Angeles.
Will specifics of the new tax bill (mortgage interest deduction cap at $750,000 and state/local/property tax deduction cap at $10,000) have any effect on a potential buyer’s decision to buy such properties? Or will other circumstances such as Security and Exchange Commission investigations, gossip, etc. complicate buying decisions as well? Time will tell.
1. 594 South Mapleton Drive, Beverly Hills $200M listBuilt by Aaron and Candy Spelling and currently owned by Petra Eccleston, a Formula One racing heiress who paid $85M in cash in 2011, this 123-room mansion has 56,000 square feet of living space on 4.7 acres of land in this tony Holmby Hills neighborhood.
2. 141 North Carolwood Drive, Beverly Hills $180M
Known as the Owlwood Estate in Holmby Hills, this estate is listed for twice its sale price in 2016. It has been totally unaltered since that sale. Currently, the owners are caught up in defending an SEC investigation into possible Ponzi schemes.
3. 9505 Lanai Lane, Beverly Hills $129M
This 25-acre property has been on and off the market for years. The mansion boasts 35,000 square feet of living space, a 5,000 square foot master suite, multiple guest suites, a walk-inside refrigerator, Turkish bath, waterfall, swimming and reflection pools, spa and a room for 150 cars.
4. 10979 Chalon Road, Bel Air $90M
In addition to this newly constructed 31,000 square foot estate with 12 bedroom suites, 23 bathrooms, 2-lane bowling alley, putting green, wine cellar, motor court for 70 cars and 14 car garage, there is 1.5 acres of land adjacent to the property that is available for potential expansion.
5. 23800 Malibu Crest Drive, Malibu $85M
This newly constructed estate is known as The Castle. It is adjacent to the highly sought after Serra Retreat within Malibu’s boundaries. Of course, The Castle has spectacular views of Surfrider Beach. The main house has 5 bedrooms, teak doors and 80-year-old oak flooring. The guesthouse has 4,000 square feet of living space. One year of concierge services are included in the sale price of the property.
6. 1175 Hillcrest Road, Beverly Hills $85M
This newly constructed spec house trumpets the architectural and design talents of Nile Niami and Paul McClean, respectively. There are two separate pools, a beauty salon, home theater and much buzzed about “Cristal Champagne” room.
7. 2727 Benedict Canyon Drive, Beverly Hills $85M
This 16-acre estate is considered a long time treasure in the neighborhood. Once owned by Cher and then by Eddie Murphy, the 20,000 square foot main house has 4 bedrooms, tennis courts, and state-of-the-art equestrian facilities. The guesthouse design was inspired by Moroccan architecture.
8. 6962 Wildfire Road, Malibu $81.5M
Once owned by Johnny Carson, this Ed Niles designed main residence sports a fully-grown tree in the living room, an arboretum, tennis courts, pavilion, gym, locker room, guesthouse and panoramic views of Dume Beach.
9. 901 North Alpine, Beverly Hills $80M
This newly completed 28,000 square foot mansion is well protected with live guards and a gated entry. The main house has 11 bedrooms, 18 bathrooms, 11 fireplaces and an elevator. There is a 3-bedroom guesthouse and a motor court for 40 cars.
10. 143 South Mapleton Drive, Beverly Hills $66.65M
Originally designed by former decades-long Beverly Hills’ “it” designer Billy Haines, this glamorous estate has been lovingly restored over the last three years with the astute eye of designer Paul R. Williams. The estate has 7 bedrooms, a wood paneled den, tennis courts, pool, etc.