The West Coast actually is the perfect coast — particularly in the case of actual property priced within the nine-figure vary.
Within the Bel Air enclave of Los Angeles, the 10-plus-acre property of late billionaire A. Jerrold Perenchio — who died in 2017 at 86, and was at one time the chairman and CEO of Spanish-language community Univision — has hit the marketplace for a sky-high $245 million.
Not solely does that mighty worth make it the costliest residence on the market within the Metropolis of Angels, nevertheless it additionally makes the property take the crown for the priciest residence on the market in America, in accordance with the Los Angeles Occasions.
Final yr, the Occasions notes, Perenchio’s property — which he had owned since 1986 — was quietly shopped off-market for a nine-figure asking worth.
Ought to Perenchio’s former pad promote for its asking worth, and even for half off, it might additionally crush the gross sales report for Los Angeles County.
Now on the open market, this property joins practically 10 LA properties which have listed in recent times for over $100 million. One in all them, only a minute away by automobile, is luxurious developer Bruce Makowsky’s 38,000-square-foot spec residence, which asks $188 million. That new-construction mansion initially hit the market in 2017 for $250 million, as The Put up reported, which made it the nation’s priciest on the time.
Ought to Perenchio’s former pad promote for its asking worth, and even for half off, it might additionally crush the gross sales report for Los Angeles County. That’s now held by pure fuel billionaire Michael Smith, who purchased a Malibu seaside home for $110 million in April from Arduous Rock Cafe founder Peter Morton.
Followers of “The Beverly Hillbillies” could acknowledge Perenchio’s essential residence, which appeared within the credit of the favored sitcom.
The sprawling, 25,000-square-foot, Sumner Spaulding-designed mansion dates to the 1930s, when it was constructed for Lynn Atkinson, a civil engineer. Since renovated and restored by designer Henri Samuel, the French neoclassical-style property encompasses a paneled eating room, a 12,000-bottle wine cellar and formal rooms.
The sprawling, 25,000-square-foot, Sumner Spaulding-designed mansion dates to the 1930s.
Named Chartwell, the property’s grounds moreover boast lawns, gardens inside hedged partitions and specimen bushes. There’s additionally a five-bedroom visitor home, a 75-foot pool with a pool home, a tennis court docket and coated parking with house for 40 automobiles.
The itemizing is being marketed by Drew Fenton, Gary Gold and Jeff Hyland of Hilton & Hyland; Drew and Susan Gitlin of Berkshire Hathaway HomeServices California Properties; and Joyce Rey, Jade Mills and Alexandra Allen of Coldwell Banker World Luxurious.