Tagged : 90210 real estate

There are currently 2 blog entries matching this tag.

The most expensive home sold in Trousdale Estates, Beverly Hills

1181 Hillcrest Road, a Trousdale Estates spec home, was one of the most ambitious spec houses built and listed in the neighborhood, the City of Beverly Hills, and all of Los Angeles. At approximately 22,300 square feet of living space on a 41,608 square foot lot, this home was originally listed for $85,000,000 and sold this past week for $70,000,000 ($3,139/square foot) to Swedish tech billionaire Markus "Notch" Persson, creator of the video game Minecraft. Persson outbid multiple buyers including power couple Sean Carter, aka Jay-Z, and Beyonce Knowles. The $70 million sale sets a Beverly Hills record for the price paid for a singe-family home.

The question is what makes this property worth $70M? The answer is a combination of location, views,

17,565 Views, 4 Comments.

Most Expensive Home in US for Sale at 9505 Lania Lane Beverly Hills 90210

At the end of a quarter mile private driveway sits a mansion named Palazzo di Amore. 9505 Lania Lane is sited on a private 25-acre knoll high above the cities of Los Angeles and Beverly Hills. In 2007, billionaire real estate investor Jeff Greene paid $35 million for a shell (aka unfinished structure) constructed by prolific mega-mansion developer Mohamed Hadid. Greene then spent another $25 million to turn the blank-slate project into his dream home. Greene was married in the home (hence the Palace of Love moniker) and has made it available for rent since he no longer lives in California. In 2009, the home was first offered as a rental for the princely sum of $250,000 per month then raised this year to $475,000 a month. Greene has decided to take

24,264 Views, 8 Comments.