|
|
|
A commanding estate palatial in its carriage; global in its attitude. Rich architectural embellishments; the great hall evocative of the palaces of fairy tales. The specifications are too elaborate and detailed for an all inclusive list.
Private Lake Washington dock-capability of 140' yacht. An elegant intimate attitude infused with joy and energy. 22,779 square feet placed on 2 gentle acres; 175 feet lakefront.
MORE INFO
VIEW ADDITIONAL PICTURES
Wendy Lister - Coldwell Banker Bain
Phone: (888) 450-5206
wendylister@cbbain.com |
| |
| |
 |
 |
 |
Patrick Wilkins
RE/MAX Results
Marco Island, Florida
239.394.8118 x4354
|
Joan Sather
Sotheby's International
Palisades/Westside
310.255.5450 |
Marty Halfon
Keller Williams
Beverly Hills
310.344.4465 |
| |
 |
 |
 |
John Mayne
Coldwell Banker
South Bay
Palos Verdes
310.378.9366 |
Jade Mills
Coldwell Banker
Beverly Hills
310.285.7508 |
Gary Gold
Hilton & Hyland
Beverly Hills
310.858.5411 |
| |
 |
 |
 |
Maggi Sarubbi
Tauriello & Co.
Real Estate
Manalapan, FL
561.718.5159 |
Mary Snyder
Windermere/Northwest
Seattle, WA
206.324.0000 |
Lauren & June Stark
Ezra International Realty
Las Vegas, NV
702.376.5220 |
| |
|
|
 |
 |
 |
| |
|
|
Suzy Anderson
Coldwell Banker
Napa Valley
707.258.5207 |
Myra Nourmand
Nourmand & Associates
Beverly Hills
310.888.3333
|
Ernie Carswell
Coldwell Banker
Beverly Hills
310.777.6244 |
| |
|
|
|
|
Banana Republic Beverly Hills Festival Retail Fund has purchased the
2 story 13,500 square foot, Banana Republic building at
357 North Canon Drive in Beverly Hills.
Purchase price was $30 million.This is Festival Retail Funds second purchase this year in Beverly Hills.
In January Festival purchased the Gucci building on Rodeo Dr.
Goldman and Sachs is an investment partner in Festival Retail Fund. |
| |
|
Sothebys International Realty has come back to the desert real estate market again. Sothebys International Realty has announced Dyson & Dyson Real Estate Associates has joined its network, expanding the Sotheby's present growth in the western United States with 12 offices in the Palm Desert, Palm Springs, Las Vegas and San Diego markets. Dyson & Dyson Real Estate Associates, one of the leading luxury real estate companies in California's Coachella Valley, with 8 offices, now will do business as Dyson & Dyson Sothebys International Realty.There are also 2 offices in Las Vegas and 2 in San Diego. |
| |
|
Joseph Babajian and Kyle Grasso, real estate agents with Prudential California Realty and Lila Rizk of Trabuco Canyon and Scott Robinson of dana Point were each indicted on multiple counts of conspiracy, bank fraud and loan fraud. If convicted, they face several years in jail. In addition, Babajian and Grasso are also charged with money laundering.
According to lenders, the sophisticated scheme cost them over $40M in fraudulent loans for homes in the most expensive neighborhoods in Southern California.
FULL STORY |
| |
And you thought their bags were expensive!
Festival Cos. and Goldman Sachs entered into a joint venture to purchase the Gucci Building in Beverly Hills. It went for just over $40 million or $2,950 per square foot.
The 13, 533 square foot storefront is located at 345-347 N. Rodeo Drive in the heart of the Beverly Hills "golden triangle" has been occupied by Gucci for 20 years with nine years left on its lease. |
| |
John
O'Hurley, who recently appeared on "Dancing with the Stars", and also played J. Peterman on "Seinfeld" and hosts TV's Family Feud", has placed his 5,400 square-foot, five-bedroom Beverly Hills villa on the market for $6.2 million. A mans home is his mansion.
Take a tour of this Beverly Hills estate for sale, listed by Coldwell Banker.
TOUR THE HOME |
| |
Talk about the ultimate Beverly Hills fixer-upper.
In one of the largest real estate sales in Southern California, British developers purchased the Robinson's-May department store on Wilshire Blvd. in Beverly Hills. The Beverly Hills landmark was purchased for a cool $500 million.
CONTINUE / HIDE
Eight years ago Beverly Hills-based New Pacific Realty paid $33.5 million for the eight acre site.
The new owners plan to tear down the building and build condominiums and retail shopping designed by Richard Meier, Architect of the Getty Center in Bel Air.
This mega deal puts L.A. County real estate values in the same league as London and Paris. Candy & Candy, the firm who purchased the property wants to make Beverly Hills into the world's most luxurious address. There will be 252 super-luxurious condominiums overlooking the Los Angeles Country Club.
Quoting Laurie Lustig-Bower of Brokerage CB Richard Ellis who represented Candy & Candy, "Candy & Candy in the U. K. is what Tiffany is to jewelry here. Therefore, they believe they will achieve record prices for their condos."
Quoting Architect Richard Meier, "I consider this project extremely important. I consider it to be the first quality condo project in Beverly Hills that I know of. |
|
| |
|
|
|
|
|
|
|
|
|
| |
 |
 |
|
 |
133 ft. of Water Frontage, Key Lot, Big Water Views
192 Leeward Ct.
Marco Island, FL
$995,000.
info
|
|
|
 |
|
 |
 |
|
|
Rise Above the Trees
2431 San Marco Drive
Los Angeles, CA
$1,199,000 info |
|
|
|
|
|
|
 |
` |
|
Double Lot - Ocean Views!
953 Chattanooga
Pacific Palisades, CA
$3,750,000
info |
|
|
|
|
|
|
 |
|
|
Brevards most exclusive address!
294 Landsing Island
Drive
Satellite Beach, FL 34145
$ 1,699,900.
info |
|
|
|
|
|
|
|
To help victims of the Southern California wildfires, Wells Fargo & Company said today the company will contribute $250,000 to local chapters of the American Red Cross and an additional $250,000 to numerous local relief agencies throughout the area to help with relief and rebuilding efforts.
"The Southern California wildfires have become a nationwide disaster, affecting a part of the country where Wells Fargo has thousands of customers and team members -- and many more family and friends," said Laura Schulte, president of Wells Fargo's Western Region. "In addition to supporting the immediate relief efforts, Wells Fargo is committed to helping the community rebuild and we will work closely with local agencies to help families and business owners return to their homes and daily routines. On behalf of our 167,000 team members at Wells Fargo across North America, our thoughts and prayers are with the victims and their families."
"The financial support from the business community of Greater Los Angeles and Southern California continues to fill us with pride," said Paul Schulz, CEO, American Red Cross of Greater Los Angeles. "Wells Fargo's generous donation will allow the Red Cross to meet the emergency and disaster-relief needs for thousands of people whose lives have been tragically altered by these raging fires."
In addition to the donation, Wells Fargo is working to help affected customers manage through the recovery process. |
| |
|
|
Is the real estate bubble bursting? Foreclosures are at all time high yet prices in the Beverly Hills and Westside real estate market continue to rise. Homes in the West Hollywood Hills market, north of Sunset and Doheny were selling for $1.5M last year however today your lucky if you can find a 3 bedroom with a view and pool for under $3M.
The Beverly Hills market is still very active but there is a shortage of inventory. In a good or bad market, an incorrectly priced home will remain unsold until the market catches up with it or the seller reduces the price.
Supply and demand will set the price that people will pay. With all that is going on, buyers still seem to be paying whatever it takes to be in Beverly Hills. Maybe not as fast but prices are up some 5.5% from last year.
As the city experiences new growth, there is a new hot spot. The area is east of Spalding Drive, west of Beverly Drive, south of Wilshire Blvd. and north of Olympic Blvd. The proximity to shopping and restaurants is excellent. Buyers are paying as much as $3M for a tear down on a 60x128.5 foot lot.
And if that's not in your budget how about this. A 3,000 square foot condo just sold in days priced at $1.9M. It fell out of escrow and there were 3 backup offers and its in escrow again. New condo construction in Beverly Hills is set to come on line between $2,000 and $3,000 per square foot.
Candy and Candy out of London, made what they felt was a deal with the purchase of an 8 acre site in Beverly Hills, the previous site of Robinson's/May. Known as 9900 Wilshire Blvd., the Candy Boys paid $500M for a site allowing the construction of 252 super-luxurious condominiums on busy Wilshire Blvd. overlooking the Los Angeles Country Club next to the Hilton Hotel and adjacent to Century City. That pencils out to about $1,984,127 per unit land cost. That's a deal!!!
Beverly Hills commercial is setting record prices as office space is selling as high as $800 per square foot and retail on South Beverly Drive is commanding upward of $2,000 per sq ft.
If your a seller, there may be no better time to cash your chips in. For all you buyers, good luck. |
| |
|
Commercial real estate in Beverly Hills continues to demand top dollar. Cushman & Wakefield's Capital Markets Group of Southern California and its London office announced the sale of Two Rodeo Drive in Beverly Hills, California for $275 million, or $2,174.46 per square foot.
The tenants at Two Rodeo Drive include Tiffany & Co., Versace, Jimmy Choo, Rene Caovilla, Damiani, Gucci, Porsche Design, Cole Haan, Jose Eber and more high-end fashion brands, as well as upscale restaurants and salon services. Tiffany, which is considered the anchor tenant of the center with a 0,744-square-foot space, has a long-term lease on its main store running through 2019, and most of the other tenants also have leases of ten to fifteen years duration.
Two Rodeo is a $200 million development completed in 1990. The 126,468 square foot project has four levels of underground parking and is located at the corner of Rodeo Drive and Wilshire Blvd. in Beverly Hills. Known as the Golden Triangle, this is a premiere shopping district in the prestigious 90210 zip code. You can't get any better.
The new owners Sloan Capital is a private investment group. |
| |
|
Call it quaint, but there was a time when a $75 million house made news. In 2005, that's what happened when the Three Ponds Estate in Bridgehampton N.Y., landed at the top of our list of most expensive homes in the U.S.
No more. That number is practically pocket change compared with what the market currently bears.
This year, the country's priciest properties include William Randolph Hearst's $165 million Beverly Hills, Calif., mansion; a $135 million Aspen, Colo., ranch; and a $125 million Versailles-inspired estate in Beverly Hills, Calif.
Why such price acceleration in the top-flight market? The simple answer: A good mega-mansion is hard to find.
"Try to find eight or 10 acres in the middle of the Hollywood Hills," says Mauricio Umansky, a broker at Hilton & Hyland. "God's not making any more land. [Trophy properties] are a true microeconomy with much less supply than demand."
STORY CONTINUED
MOST EXPENSIVE HOMES
the U.S. |
| |
After unsuccessfully trying to sell his home for a year, Billionaire investor Kirk Kerkorian slashed the price $7 million. The new asking price is $18 million for the 30 acre property.
The Mediterranean-style house features two pools, two tennis courts and a putting green and two guest homes. |
| |
| |
|
