$135 Million Beverly Hills Compound for Sale | 1187 N Hillcrest Road

by Erica Rivas

A billionaire Lebanese-British business mogul and friend of Bill and Hillary Clinton has listed his massive Beverly Hills compound for $135 million. One of the most exquisite estate offerings in the United States, covering a 2.5 acre promontory in Trousdale Estates, is the palatial former estate of comedian and philanthropist Danny Thomas.

1187 N Hillcrest Rd, Beverly Hills, CA 90210 Listed with John Aaroe Group
Bedrooms: 7	Baths: 10 (10 0 0 0) (FTHQ)	Sq Ft: 18000 sq feet	Lot Sz 91039 sq ft

Surrounded by 360 degree views that sweep from downtown to the canyons and back, the 7 bedroom, 10 bath Villa embraces 18,000 square feet of palatial living space with grand scale. Built with the finest materials, this stately mansion features the most opulent dining and living rooms. Designer details include gold leaf crown moldings, hand woven carpets and European details. The private grounds showcase the sunny swimmers pool, dining and viewing pavilions perfect for entertaining and enjoying the city view below. This is an opportunity to acquire one of the prime and trophy estates in Beverly Hills and across the globe. This luxury estate was listed by Aaron Kirman within our John Aaroe Group brokerage, out of the Beverly Hills office.

Luxury Home Sales Up in Los Angeles County

by Erica Rivas

Glendale luxury estate for sale

The findings of two recent reports indicate that Los Angeles is a market where luxury home sales activity has picked up, which has also been seen reflected in other parts of California as well, including luxury home sales in Orange County.

Luxury home sales have boomed in Beverly Hills, Santa Monica, Pacific Palisades and Brentwood. When it comes to sales involving luxury homes across the country (properties that sell for $3 million or more) a large chunk of these home sales are in the greater Los Angeles market. Two neighboring submarkets, Beverly Hills and Beverly Hills Post Office, recently saw luxury home sales volumes increase by more than 80 percent in August 2015 when compared to the same month of 2014, and the boost of luxury home sales has continued on into the 2016 year.

Prices for the top 5% of the housing market jumped 3.1% in the fourth quarter compared to 2014. The luxury home market has improved from a mixture of factors which include stronger local job growth, a rising stock market, and from wealthy international residents moving from other countries, particularly China.

LA LUXURY GATED ESTATE FOR SALE | 2176 E CHEVY CHASE, GLENDALE

by Erica Rivas

VILLA PIEMONTE | 2176 E CHEVY CHASE DRIVE, GLENDALE

$3,200,000 | 5 Bedrooms | 6 Bathrooms | 6317 Square Feet | 3.26 Acres

2176 East Chevy Chase Drive is a gated estate with a private drive that takes you through lush gardens surrounded by gorgeous oak trees.

Sophistication and beauty are captured in this Mediterranean Revival that was inspired by the hillside villas of Tuscany. Built in 2008, Villa Piemonte exhibits old world charm with today’s modern amenities.

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The large living room of this illustrious estate has been the center for various social functions, as well as music and dance and performances. The two story ceilings give the perfect acoustics and the walls have been decorated with hand painted frescos.

There is a grand formal dining with solid wood paneling and beams that offers exceptional views from the French doors.

The large den has an informal dining area with built in surround sound system, and an imported Italian marble fireplace.

The kitchen is a chef’s dream that includes a refrigerator, 2 produce refrigerators, a wine refrigerator and 4 freezers all made by Sub-Zero. There is a commercial Wolf range with pot filler above, wolf oven and warmers, and 3 kitchen aid dishwashers.

There is also an outdoor kitchen with a brick oven, built-in barbeque, sink, as well as a covered veranda from which to enjoy alfresco dining.

Take either the service stairs or the formal staircase from the grand foyer to the 5 bedrooms on the second level. The main master suite is grand in size, featuring 2 offices, a wet bar, 2 large walk-in closets, fireplace, and a private balcony. The master bathroom offers a wet sauna, and an elegant bathtub with a picture perfect window looking onto the private hillside. Aside from the main master suites there are three other bedroom suites where each was carefully designed and customized.

All throughout, you can pick from the many outdoor patios and large outdoor decks that captivate great views of the city and hillsides. Enjoy the outdoors in the backyard that has a heated salt water, European style pool with fountains. Additional features include imported fireplaces from Italy and France, 4 zone central air and heating, hand carved wood details throughout, and custom iron doors.

For more information on Villa Piemonte you may contact Ramiro and Erica Rivas.
818-257-1054

6557 PICKWICK STREET, LOS ANGELES: ARCHITECTURALLY DESIGNED MODERN MASTERPIECE

by Erica Rivas

Built in 2008, this Pasadena adjacent architecturally designed modern masterpiece exhibits tasteful details throughout. With three levels of living space, endless possibilities area waiting. The living area has an open loft style floor plan with high ceilings, gorgeous limestone fireplace, spacious dining area, recessed lighting, and a large den adjacent to the fabulous kitchen making it perfect for entertaining. The large gourmet kitchen has custom cabinetry, granite counter tops.

Listed with Rivas & Associates
626-497-4606 Info@RivasEstates.com