Thursday, May 9, 2013

What Are Your Options If You Want a Private Compound in West Los Angeles?

Part of our Questions America Wants Answered series.
From the Los Angeles Times:
Brentwood compound listed at $40 million
The 48-acre spread is in the upper Mandeville canyon area. (Realtor.com / April 17, 2013)
Despite the low housing inventory on the Westside and elsewhere, several options have opened up for billionaires seeking compounds.

A 48-acre spread in Brentwood’s upper Mandeville Canyon area came on the market this week at $40 million. A quarter-mile-long, tree-lined driveway leads into the estate, which includes a 12,000-square-foot main house, guest houses, a tennis court with a pavilion, a caretaker’s unit and a maintenance building. There’s a lake on the property too.  John A. Woodward IV of Keller Williams in Beverly Hills and Jeffrey Hyland of Hilton & Hyland are the listing agents.

A tech titan set on more living space, less acreage and an 80-foot-long disco bar might consider a group of four side-by-side homes in Hollywood Hills that can be purchased as a compound for $36 million. One house alone, priced individually at $11.9 million, has 10 bedrooms, 18 bathrooms and 16,000 square feet of living space. Plus, the 80-foot-long swimming pool has a 4-foot-high rendition of the Hollywood Sign in blue glass tile. Valerie Fitzgerald of Coldwell Banker’s Beverly Hills North office has the listing....MORE