Focus on TRD Data: $23M Santa Monica home sale tops seaside city's charts
Briefly

Focus on TRD Data: $23M Santa Monica home sale tops seaside city's charts
"The property was listed on Aug. 21, with an initial asking price of just under $25 million, according to The Agency's Amir Jawaherian, who represented the seller, Los Angeles-based developer Peter Bakhitiari of Maison by PGB. After purchasing the home for $6.5 million in December 2021, Bakhitiari reimagined the property into a super-sustainable modern architectural home that combines strong design, privacy and livability, Jawaherian said."
"Westside Estate Agency's James Mormile and Kurt Rappaport represented the buyer, which appears to be a trust linked to Nashville consultancy Oberon Solutions. The net-zero estate includes a motor court framed by cascading water walls and a reflecting pool, a resort-style pool, a skylit atrium, expansive walls of glass, a private speakeasy lounge, a state-of-the-art movie theater and private terraces. Included is a detached guest house and private gym as well as a four-car conditioned garage."
A home at 2555 La Mesa Drive in Santa Monica sold for just shy of $23 million on Dec. 11, becoming the market leader for 2025. The gated residence measures 10,317 square feet, has five bedrooms and eight bathrooms, and sold at $2,224 per square foot after an Aug. 21 listing with an initial asking price just under $25 million. Seller Peter Bakhitiari purchased the property for $6.5 million in December 2021 and transformed it into a super-sustainable modern architectural home. The net-zero estate features water walls, a reflecting pool, resort-style pool, skylit atrium, speakeasy lounge, movie theater, detached guest house, private gym and a four-car conditioned garage. The buyer appears to be a trust linked to Nashville consultancy Oberon Solutions. Earlier notable sales include 457 20th Street for $14.6 million.
Read at therealdeal.com
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