$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 CANADA FLINTRIDGE ITALIAN PALAZZO – $4,950,000

by Ramiro Rivas

1820 Fairmount Avenua, La Canada Flintridge, CA 91011

5 Bedrooms – 6 Bathrooms – 6,754 Interior Sqft – 32,190 Sqft Lot – Built in 1989

Offered at $4,950,000

Exquisite Italian Palazzo situated on an impressive corner lot in the foothills of La Canada Flintridgehas been beautifully updated with luxurious amenities and state of the art technology. This formercelebrity home offers the ultimate privacy with it’s walled compound and located on a street to streetlot. Grand entry and formal rooms transition seamlessly to 2400 sq ft of expansive loggias, providing aperfect setting for entertaining & relaxation. This Villa features hand painted Frescos, handmadeMurano glass windows, Venetian plasterwork and limestone floors throughout. The lush grounds leadto a sport court, a separate 840 SF Connoisseur’s retreat that houses 1000-bottle wine cellar, wine tastingroom, office and bath, salt-water pool/spa and playground that’s perfect for enjoying theSouthern California lifestyle. Listed with Hilton & Highland.

VIEW ALL LA CANADA FLINTRIDGE REAL ESTATE

For More Photos, Info & Showings, Contact:

Ramiro Rivas ~ Rivas & Associates

626-497-4606

Ramiro@RivasEstates.com

SIERRA MADRE VICTORIAN – $2,900,000

by Ramiro Rivas

225 N Lima Street, Sierra Madre, CA 91024
10 Bedrooms – 11 Bathrooms – 10,000 Interior Sqft – 20,522 Sqft Lot – Built in 1888
Offered at $2,900,000

The Grande Dame of Sierra Madre was designed by renowned Victorian architects, Samuel and Joseph Cather Newsom, and built by Dr. Elbert Pinney as a 24 room carriage trade hotel. Over the years she has accommodated a variety of uses and notable guests, including Robert Todd Lincoln (son of Abraham Lincoln) and Luther Burbank. She has worked as a sanatorium for Hollywood celebrities and has starred in many films; she has been a boarding house, an apartment house and currently, a multi generational family home. The present owners have given her a loving face-lift and are ready to turn over the ownership of this wonderful Lady to someone new. Stewardship of this property affords one the opportunity to be a part of her history and to write the next chapter in the life of this Sierra Madre treasure. Bed & Breakfast?? Multi-family residences?? Private trophy home?? Her future can be your dream to fulfill. Listed with Podley Properties.

Category Archives: LUXURY REAL ESTATE FOR SALE

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

Luxury Home Sales Up in Los Angeles County

LA CANADA FLINTRIDGE ITALIAN PALAZZO – $4,950,000

1820 Fairmount Avenua, La Canada Flintridge, CA 91011

5 Bedrooms – 6 Bathrooms – 6,754 Interior Sqft – 32,190 Sqft Lot – Built in 1989

Offered at $4,950,000

VIEW ALL LA CANADA FLINTRIDGE REAL ESTATE

For More Photos, Info & Showings, Contact:

Ramiro Rivas ~ Rivas & Associates

626-497-4606

SIERRA MADRE VICTORIAN – $2,900,000

225 N Lima Street, Sierra Madre, CA 91024
10 Bedrooms – 11 Bathrooms – 10,000 Interior Sqft – 20,522 Sqft Lot – Built in 1888
Offered at $2,900,000

VIEW ALL SIERRA MADRE REAL ESTATE

For More Photos, Info & Showings, Contact:
Ramiro Rivas ~ Rivas & Associates
626-497-4606
Ramiro@RivasEstates.com

1820 Fairmount Avenua, La Canada Flintridge, CA 91011

5 Bedrooms – 6 Bathrooms – 6,754 Interior Sqft – 32,190 Sqft Lot – Built in 1989

Offered at $4,950,000

VIEW ALL LA CANADA FLINTRIDGE REAL ESTATE

For More Photos, Info & Showings, Contact:

Ramiro Rivas ~ Rivas & Associates

626-497-4606

225 N Lima Street, Sierra Madre, CA 91024 10 Bedrooms – 11 Bathrooms – 10,000 Interior Sqft – 20,522 Sqft Lot – Built in 1888 Offered at $2,900,000

VIEW ALL SIERRA MADRE REAL ESTATE

For More Photos, Info & Showings, Contact: Ramiro Rivas ~ Rivas & Associates 626-497-4606 Ramiro@RivasEstates.com

225 N Lima Street, Sierra Madre, CA 91024
10 Bedrooms – 11 Bathrooms – 10,000 Interior Sqft – 20,522 Sqft Lot – Built in 1888
Offered at $2,900,000

For More Photos, Info & Showings, Contact:
Ramiro Rivas ~ Rivas & Associates
626-497-4606
Ramiro@RivasEstates.com