"The multilevel house, which abuts the Bel-Air Golf Course, was built this year and features an 11-foot front door, polished glass floors and leathered marble details. Within a little over 10,000 square feet of interior are five bedrooms, seven bathrooms, a cigar room, a home theater and a cabana room. The master suite, measuring some 2,200 square feet, comprises a bar, a sitting room and dual bathrooms."
"A limited liability company tied to Ronald P. Spogli, a venture capitalist and former United States ambassador to Italy and San Marino, paid $8.35 million less than the original asking price for an Italianate-style home on Bel-Air Road. Marketed as a development opportunity, the property was offered with plans for a French Regency-inspired chateau designed by megamansion architect Richard Landry."
Los Angeles County experienced significant luxury real estate activity in November. A contemporary Bel-Air mansion on Orum Road sold for $20.5 million, approximately $500,000 below its asking price. Built in 2024, this 10,000-square-foot showplace features five bedrooms, seven bathrooms, a cigar room, home theater, and a distinctive 62-foot infinity-edge pool. The master suite spans 2,200 square feet with dual bathrooms and a bar. Another major transaction involved a $19.65 million Italianate-style Bel-Air property purchased by a venture capitalist's company at $8.35 million below the original asking price. This 1990-built home on 11,650 square feet includes five bedrooms, seven bathrooms, and was marketed as a development opportunity with plans for a French Regency chateau.
#luxury-real-estate #bel-air-mansions #los-angeles-county #high-end-property-sales #real-estate-transactions
Read at Los Angeles Times
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