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Week’s Top Residential Sale – 11459 Bellagio Rd.

At May 28, 2015

Top sales: Two swimming pools are better than one in Bel-Air
Hot Property: Top Sales
A Bel-Air estate with two swimming pools topped this week’s most expensive sales in Los Angeles at $18.5 million. (Marc Angeles)
By NEAL J. LEITEREG contact the reporter Swimming

Bel-Air mansion with two swimming pools leads L.A.’s top sales at $18.5 million
Onetime home of screenwriter Larry Levin sells in Santa Monica for $6.625 million
Site of Malibu’s ‘Castle Kashan’ goes for $9.7 million with plans for 15,000-square-foot new-build
The Malibu site where Castle Kashan once stood, the onetime Santa Monica home of screenwriter Larry Levin and a Bel-Air estate with two swimming pools were among the top residential real estate sales in the greater Los Angeles area last week.

$18.5 million — Bel-Air

A European Villa-inspired estate in the 11000 block of Bellagio Road sold for $18.5 million, down $495,000 from the 2014 asking price, but up from the previous sale price of $2.9 million in 1999. Accessed by a winding drive, the 1.67-acre property is highlighted by a five-bedroom main house, a five-bedroom guest/pool house, two swimming pools, a grotto-style spa, a racquetball court and a gym.

Bel-Air home with two swimming pools sells for $18.5 million
Bel-Air home with two swimming pools sells for $18.5 million
Unlimited Style Real Estate Photography
Bel-Air home with two swimming pools sells for $18.5 million
Unlimited Style Real Estate Photography
Bel-Air home with two swimming pools sells for $18.5 million
Unlimited Style Real Estate Photography
Bel-Air home with two swimming pools sells for $18.5 million
Unlimited Style Real Estate Photography
Bel-Air home with two swimming pools sells for $18.5 million
Unlimited Style Real Estate Photography
Embellished with gilded finishes, hardwood and marble flooring, the main house has a two-story entry, grand formal areas, a chef’s kitchen with aquarium and an elevator. In all, there are 10 bedrooms and 12 bathrooms in 17,340 square feet of space between the main house and guesthouse.

David Kramer of Hilton & Hyland, an affiliate of Christie’s International Real Estate, was the listing agent. Faye Bogari of Bogari Realty represented the buyer in the sale.

$9.7 million — Malibu

Philanthropist and international socialite Lilly Lawrence sold an ocean-view parcel in the 23000 block of Malibu Crest Drive for $9.7 million.

lRelated Mark Duplass slides into Silver Lake with second-highest-priced sale
Mark Duplass slides into Silver Lake with second-highest-priced sale

Formerly the site of Castle Kashan, the castle-inspired estate that was destroyed by fire in 2007, the 2.51-acre property originally came to market in 2013 for $16 million and was more recently priced at $10.25 million. The site was marketed with approved plans and permits to build a 15,000-square-foot home with an infinity-edge pool.

Elsa Nelson and David Cilento of Nelson Shelton & Associates was the listing agent. Sandro Dazzan of Coldwell Banker Residential Brokerage represented the buyer in the sale.

$8.4 million — Calabasas

A 10,565-square-foot home in the 25000 block of Prado de La Felicidad sold for $100,000 less than the asking price in about two months and $5.53 million more than what it went for in 2006.

Hot Property: Calabasas estate sells for $8.4 million
Hot Property: Calabasas estate sells for $8.4 million
Hayden Luscombe
Hot Property: Calabasas estate sells for $8.4 million
Hayden Luscombe
Hot Property: Calabasas estate sells for $8.4 million
Hayden Luscombe
Hot Property: Calabasas estate sells for $8.4 million
Hayden Luscombe
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The Tuscan-style estate, built in 2009, has a two-story main house, a detached guest/pool house, a covered loggia with a fireplace and heated patio floors, a pool and spa and rolling lawns on 1.59 acres within the Kardashian-preferred community called the Oaks of Calabasas. Vaulted ceilings with exposed beams, a home theater, a game room and a temperature-controlled wine cellar are among the interior features.

Jordan Cohen of Re/Max Olson & Associates and Joshua Altman of Douglas Elliman were the listing agents. Stephen Kaseno of Ewing & Associates Sotheby’s International Realty represented the buyer.

$7.915 million — Pacific Palisades

A Traditional-style home in the Huntington Palisades neighborhood sold for $7.915 million, up $920,000 from the April listing price of $6.995 million.

Sited on a quarter of an acre in the 700 block of Chapala Drive, the 5,948-square-foot home was built in 2008 and has a double-height entry, a living room with a wet bar and an outdoor entertainer’s spa with a fireplace. French doors off the open-area kitchen/family room lead to a large expanse of grass and a pool with a spa.

John (Imagine no possessions) Lennon’s Florida mansion had two swimming pools, too.
AT 10:57 AM MAY 29, 2015

Alexandra Brew and Elizabeth Keenan of Coldwell Banker Residential Brokerage shared the listing. Jody Fine of Berkshire Hathaway HomeServices California Properties was the buyer’s agent.

$6.625 million — San Marino

A French-style home on about an acre in the 900 block of San Marino Avenue sold for $6.625 million, down about 5.2% from the January relist price.

Built in 1950, the Huntington Library Gardens estate has parquet flooring, grand formal areas and six chandeliers throughout the 6,611 square feet of living space. Among features is a custom wall aquarium shared by the formal living room and family room. A separate wok room sits adjacent to the main kitchen.

Nancy Liu of Re/Max 2000 Realty and Sabrina Wu of Coldwell Banker Residential Brokerage were the co-listing agents.

French-style estate in San Marino sells for $6.625 million
The 1950 French-inspired estate in the San Marino’s Huntingon Library Garden district returned to the market in January and sold for $6.625 million. (Susan Pickering)
$6.25 million — Santa Monica

Director-producer Elfar Adalsteins sold an updated Midcentury Modern-style home in the 600 block of Hightree Road for $300,000 above the April listing price.

Designed by architect Matthew Leizer and recently updated by Mark Mack, the 1960s home was previously owned by screenwriter Larry Levin of “I Love You, Man” (2009) and “Dr. Doolittle” (2001) fame.

Gallery walls flanked by floor-to-ceiling glass feature prominently into the post-and-beam design, which has five bedrooms and five bathrooms in 4,449 square feet of space. A remodeled kitchen with marble countertops and a library room are among the updates.
Kennon Earl and Thomas Davila of Keller Williams Beverly Hills were the listing agents. David Offer of Berkshire Hathaway HomeServices California Properties represented the buyer.

$6.101 million — Westwood

A newly built home on about 11,000 square feet in the 800 block of South Manning Avenue sold for $6.101 million in about two months.

The Spanish-inspired contemporary, designed by Amit Apel Design, has an indoor-outdoor vibe with glass pocket doors, a central courtyard, an outdoor living room and a rooftop deck. A great room with a wall fireplace, formal living and dining areas and a chef’s kitchen highlight the 6,000 square feet of space.

Meir Kroll of the Agency was the listing agent. Vangelis Korasidis of Coldwell Banker Residential Brokerage represented the buyer.

These are the top residential real estate sales reported on the combined L.A./Westside Multiple Listing Service for the period beginning May 17 and ending May 23.

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Lessons from the Ultimate Safe Houses

At May 28, 2015

OB-VE553_1101di_P_20121031163458 OB-VE555_1101di_P_20121031163743Lessons from the Ultimate Safe Houses
The hard-core homeowners who fortify themselves against any possible calamity—from hurricanes to nuclear attack—are testing materials and technology that could change home building for the rest of us.
Candace Jackson looks at homes built to withstand every possible type of disastrous scenario imaginable, from storms to earthquakes to wildfires. Photo: Michal Czerwonka for The Wall Street Journal.

Updated Nov. 1, 2012 9:54 p.m. ET

The Corbi family’s house looks like many other modern homes in the Hollywood Hills, with white walls, large glass windows and views of downtown Los Angeles. But it has some key differences from its neighbors. The house has been built to withstand nearly every type of disaster scenario imaginable, from storms to high-magnitude earthquakes to wildfires to pandemic to a rare but potentially crippling high-frequency electromagnetic pulse attack triggered by a nuclear bomb, solar flare or specialized weapon. A wine cellar in the basement doubles as an underground bunker. If all else fails, a rooftop helipad allows for a last-ditch emergency exit.

The Corbi family’s home in Hollywood Hills, Calif., pictured above, has been built to withstand nearly every type of disaster scenario imaginable. MICHAL CZERWONKA FOR THE WALL STREET JOURNAL
Various stills of Pensmore, TF Forming Systems, and Helix technology ENLARGE
Various stills of Pensmore, TF Forming Systems, and Helix technology PENSMORE
More home builders and buyers are chasing a new kind of security: homes equipped to handle everything from hurricanes, tornados and hybrid superstorms like this week’s Sandy, to man-made threats ranging from home invasion to nuclear war. Some, rebuilding in frequently storm-tossed areas, are looking to better withstand the next disaster; others are hoping to create a safeguard against any possible calamity. Fueling the rise of these often-fortresslike homes are new technologies and building materials—which builders say will ultimately be used on a more widespread basis in storm- and earthquake-threatened areas.

Sean Murphy, of Miami-based Coastal Construction, is building a 40,000-square-foot waterfront estate for a client in South Florida that’s designed to withstand a major hurricane or worse. The home’s owner, whom he declined to identify, has ordered 12-inch-thick reinforced concrete walls wrapped in a rubberized material for added waterproofing, clad in 2-inch stone. Typical storm-resistant building techniques call for about 8 inches of concrete composite block to wind- and waterproof a home.
“It’s basically a bunker-style home we’re talking about,” he says. “If you had a major storm, a major flood, a major anything, this home is not going anywhere.”

Some new developments are marketing storm-resistant designs to a growing pool of buyers. Alys Beach is a 158-acre luxury seaside community on Florida’s Gulf Coast. Its homes, which start at $1.6 million, are designed to evoke Bermudan and Guatemalan homes with interior courtyards—and to withstand strong winds. The roofs have two coats of limestone and exterior walls have 8 inches of concrete, reinforced every 32 inches for “bunkerlike” safety, according to marketing materials.


In the Midwest, Steve Huff is aiming to build the ultimate tornado-proof home. Mr. Huff, a software entrepreneur, is building a 70,000-square-foot reinforced-concrete, chateau-style home in rural Christian County, Mo. The home, known as Pensmore, has 12-inch-thick walls and ballistic-proof windows that have been tested to withstand the equivalent of a two-by-four board traveling at 40 miles an hour, mimicking the speed at which debris can be hurtled during a big storm. “If a tornado came up, you’d be foolish to leave this house,” Mr. Huff says.

Mr. Huff, who is an investor in a concrete company, says that the home will also be resistant to intruders: “It would be like trying to drill your way through a bank vault.”

When it is completed in early 2014, it will be one of the largest private homes in America. Mr. Huff says he plans to have lots of extended family stay with him, as well as visiting writers, scientists and other students who may want to study the safety and environmentally sustainable technologies used to construct the home.
Mr. Huff says homeowners and builders can apply many of the same techniques on a broader scale to make homes more resistant to natural disasters. For example, helix fibers within the concrete blocks make them slightly bendable like rubber, and better able to withstand impact, with minimal additional cost.
Doug Buck, the governmental-affairs director for the Florida Home Builders Association, says some “extreme” building techniques don’t make financial sense for most homeowners. “You get to a point of diminishing returns,” he says. “You’re going to spend so much that honestly, it would make more sense to let it blow down and rebuild it.”

That doesn’t stop some wealthy homeowners from trying to insulate themselves from every conceivable threat. Chris Pollack, the president of Pollack + Partners, a New York-based design-and-construction adviser that works with wealthy clients, says a client recently hired him to help build a home that came with a dirty-bomb shelter, complete with its own air and water supply. “The family could live pretty comfortably without subjecting themselves to outside air,” he says, including food stockpiles and other provisions. Also growing in popularity: escape tunnels that allow residents to exit to another point on their property or, in urban townhomes, to a nearby building. He estimates that clients are spending on average at least 50% more on security and safety features than they were five years ago.

In Camarillo, Calif., just north of Malibu, Don Boehm built his hillside home to withstand both earthquakes and intruders. It has a complex concrete-and-steel bolting system to keep the retaining walls anchored to a concrete base. A 600-foot-long, 15-foot-high wall surrounds the property. The home is currently on the market for $6.9 million.

Al Corbi, the owner of the Hollywood Hills house and founder of a company called Strategically Armored and Fortified Environments, or SAFE, says he can outfit homes with underground bunkers up to 30 stories below ground. He has designed one bunker in the style of Caesars Palace in Las Vegas, with ceilings painted with clouds to give the impression of being outside, as well as spas and movie theaters and enough provisions to keep families entertained for months of underground living. The cost can be upward of $10 million for the most elaborate facilities.

At the Alys Beach resort, the decor is Bermudan but the exterior walls have 8 inches of concrete, reinforced every 32 inches. ENLARGE
At the Alys Beach resort, the decor is Bermudan but the exterior walls have 8 inches of concrete, reinforced every 32 inches. KERRI PRICE
Mr. Corbi built his own Los Angeles home both for his family and to show potential clients the latest in high-tech, high-end disaster protection and security. Constructed atop 60 steel-caged concrete caissons, each 30 feet deep and 30 inches in diameter, his house is designed to survive a high-magnitude earthquake.

A facial-recognition system, including multiple cameras, has also been placed throughout his house. A James Bond-esque fog system can be activated with the blink of an eye as a way to shock intruders. The fog ranges from a harmless-but-disorienting haze to pepper spray to a noxious gas that can debilitate whoever inhales it for up to 24 hours.

Also inside his home is what Mr. Corbi calls a “safe core,” a 2,000-square-foot, ballistic-proof suite that encompasses the master bedroom and children’s rooms. It was designed to isolate homeowners and minimize contact with intruders, a common feature in his clients’ homes. Mr. Corbi previously put the home on the market for $5.8 million but has since taken it off the market.

Mr. Corbi says many of the techniques he uses can easily be applied to any home. For example, spending a couple hundred dollars to add an extra ¾-inch layer of plywood before adding drywall can make walls significantly more storm- and intrusion-resistant, he says. To safeguard against airborne disease, adding HEPA filters along with a slight excess of airflow from air-conditioning units creates a positive-pressure system where a surplus of air is emitted from a house to prevent outside air from coming in.

The interiors pictured here look ordinary, but they’re designed to withstand a multitude of disasters. ENLARGE
The interiors pictured here look ordinary, but they’re designed to withstand a multitude of disasters. MICHAL CZERWONKA FOR THE WALL STREET JOURNAL
The home’s iPad-controlled security system ENLARGE
The home’s iPad-controlled security system MICHAL CZERWONKA FOR THE WALL STREET JOURNAL
A bird-flu kit ENLARGE
Homeowners on a smaller budget—particularly those in disaster-prone areas—are also using more advanced techniques and materials to protect their homes against damage.

Vicki Adjmi of New Orleans lost her home to flooding after the levees broke following Hurricane Katrina in 2005. Though her plans to build a new home in New Orleans’s Lakeview neighborhood were already under way before the storm, she scrapped her original design in favor of a more storm-resistant structure. Her architect brother, Morris Adjmi, decided to raise the midcentury-modern-inspired house by several feet, building on top of a hill several feet above the flood line from Hurricane Katrina.

Her builder, Scott Morse, says many of his New Orleans clients are now elevating their main living spaces—putting kitchens and living rooms on the second floor, and using the first floor for nonessential features like rec rooms—to protect important belongings against flooding. He recommends several different types of roofing strengtheners, including one that doesn’t involve shingles, which can easily fly off during storms.

Ms. Adjmi didn’t want to sacrifice some prized design elements—which included large walls of glass—so she tracked down hurricane-resistant windows from Germany that were designed to withstand 150-mile-per-hour winds. During Hurricane Isaac, earlier this year, Ms. Adjmi said she decided to ride out the storm at home. “I didn’t hear anything,” she says. “We were very insulated.”

Building Inside A Wind Tunnel
These folks destroy houses for a living.

The Insurance Institute for Business and Home Safety, an insurance-industry-sponsored nonprofit group, built a $40 million facility in 2010 in South Carolina to test homes for various threats, including hurricanes, winds and wildfires. The facility, the size of nine basketball courts, can simulate winds up to 135 miles an hour, mimicking a Category 3 hurricane.

Inside the facility’s wind-tunnel hall, engineers can build homes up to 2,400 square feet and two stories high to pummel in stormlike conditions. Tim Reinhold, the chief engineer, says the team is working to replicate hail samples that it has been collecting so it can simulate major hailstorms.

Homeowners who are looking to build their homes beyond their local municipalities’ code requirements can enroll in the institute’s Fortified Home program, which requires building homes about 30% stronger than local codes, sometimes for a discount on insurance rates. Mr. Reinhold says the building costs are generally about 3% to 10% higher.

Bruce Carrell, a Myrtle Beach, S.C., builder, says he started offering the program to his customers about four years ago; now about half of them are building “fortified” homes.

Though his typical homes are more modest in size, he’s currently working on a 30,000-square-foot lakefront house for a client engineered to survive a Category 5 hurricane—the most extreme house he’s ever built.

The estate will appear to be a Mediterranean/European stucco style house from the outside, but the four-story home is constructed entirely of reinforced concrete. “They wanted to take every precaution they could,” Mr. Carrell says.

—Candace Jackson

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Hacienda Palancar in the Sunday Times

At May 27, 2015

Our stunning listing in Mexico, Hacienda Palancar has now been featured in the Sunday Times.

Hacienda Palancar is a unique gem of a property situated in the popular town of Tulum.  In addition to its subtle artistry and deep aesthetic, this Hacienda has great strength of construction and design. The years of planning that went into Hacienda Palancar have resulted in a poetic atmosphere of tranquility, beauty and discreet luxury, as well as a deep a respect for the Reserve in which it exists.

Learn more about this beautiful listing at” http://haciendapalancar.com/

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Seventy-Acre Tranquil Oasis Hacienda Palancar Listed for Sale on the Caribbean Coast of Mexico’s Yucatan Peninsula near Tulum

At May 21, 2015


LOS ANGELES, May 20, 2015 /PRNewswire/ — Hilton & Hyland’s David Kramer, Trista Rullan, and Rick Hilton recently listed Hacienda Palancar – a romantic Hacienda on the Caribbean coast of Mexico’s mystical Yucatan Peninsula.  This unique gem of a property is only eight miles (13 kilometers) from the renowned town of Tulum in Quintana Roo.

This luxurious family compound is comprised of 13 bedrooms and 16½ baths within 19,000 square feet (1,765 square meters) and is situated upon 70 acres (28 hectares), including over 2,000 feet (655 meters) of incomparable, white sand beach.  The Hacienda stands amidst forest rich in indigenous flora and fauna and glorious landscaping with coco palms, lawns, a pool, and fountains.

In addition to its subtle artistry and deep aesthetic, this Hacienda has exceedingly distinctive strength in construction and design.  Borrowing details from Spanish and Moorish architecture, Palancar offers fabulous miradors that extend the length of the two main buildings to create a perfect venue for dining under the stars.  Exquisite local stone detailing are found throughout the estate, along with the lavish use of Spanish tiles.  The main buildings have exceptional Anglo-Indian antiques and custom built-ins made to order inIndia.

The infrastructure is self-sustaining and built to last.  Palancar has one of the largest arrays of solar panels in private hands in Mexico, aided by state-of-the-art generators when needed. Underground filtration systems, together with rain catchment systems, all ensure plentiful supplies of fresh water.  Sophisticated systems for video conferencing and Wi-Fi are integrated throughout the property, with private reception towers for improved connectivity.  Also included are both satellite television and a state-of-the-art security system featuring 25 cameras for greater privacy.

The site was chosen for its unparalleled location on the pristine Caribbean coast between two unique bodies of water. The warm, azure sea to the east is protected by the second largest barrier reef in the world and the sweet water Capechen Lagoon to the west invites you to relax under your palapa on the private dock or take a boat ride for world class fly fishing.

This incredible, unrivaled paradise is fully furnished.  It is listed for US $30,000,000.

To learn more about Hacienda Palancar, please contact listing agents David Kramer at David@DavidKramer.com or +1 310.770.2879, or Trista Rullan at trista@trista.tv or +1 310.858.5476, or visit www.haciendapalancar.com.

About Hilton & Hyland

Beverly Hills based Hilton & Hyland (hiltonhyland.com) was established in 1993 as a boutique real estate firm to provide extremely personalized service to buyers and sellers of luxury properties. Founders Rick Hilton, grandson of the famous hotel developer, andJeff Hyland, one of the most recognizable figures in Los Angeles real estate, have built their company from the ground up. Hilton & Hyland is the Founding Member of Christie’s International Real Estate and is the exclusive affiliate of Luxury Portfolio, expanding their international reach to over 650 affiliates worldwide.  In the 2014 REAL Trends “The Thousand” annual report, 12 Hilton & Hyland associates ranked in the top 150 agents in the U.S. by sales volume, the highest number of any brokerage in Los Angeles.  With over$2.9 billion in transactions in 2014, Hilton & Hyland is recognized as the top luxury real estate firm in Los Angeles.

Media Contact:
Charles L. Black III
Executive Vice President
Marketing & Strategic Development
+1 310.800.6385


SOURCE Hilton & Hyland


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The Fight Over Los Angeles’s Giga-Mansions

At Feb 18, 2015

World News Videos | US News Videos

Transcript for The Fight Over Los Angeles’s Giga-Mansions
We’re about to take you inside 80 gigantic mansions that come with gigantic price tags along with an unexpected dose of drama. There is 13 bedrooms. There is about 20 bathrooms in total. Wow. Reporter: Real estate developer Mohammad Habib has made a career building luxury hotels and homes for the Uber rich. Hello! Reporter: Such as this one showcased on bravo’s reality show “Real housewives of Beverly hills” featuring his ex-wife Yolanda foster and Gigi hadid. We brought these from northern California. Reporter: These days hadid is not making many friends in Beverly hills or more exclusive Bel Air. This is actually one of the medium-sized ones. This is about I would say 30,000 square feet. Reporter: From high-end developers seem to be done with mega mansions, tearing them down for the new giga mansions. And nearby relevance dents like Jennifer aniston, whose house is 8,500 square feet, are fighting back. Voicing outrage to city officials. The very idea that a building of 90,000 square feet can be called a home seems at the least a significant distortion of building codes.” This 50,000 square foot mansion built and lived in by hadid has a 300-seat ballroom, Turkish bath, large infinity pool, and 5,000 square foot guest suite. Why build homes this big? There’s a need for it. You have customers asking for it. Reporter: The ultra-rich living richer. He says a new generation of global billionaires is driving this construction boom. This is not your typical in-home theater. Reporter: They want it all. They expect to have a theater in these mansions. From 20 seats up to 50 or 70 seats. What is the number one amenity buyers are looking for when they are purchasing a house of this magnitude? Entertainment area. They want to have the splash to have a full 300 people at the party. You need to have bar areas, outdoor area. Something specific about a house that is different than anybody else. Reporter: That includes outdoor landscaping that feels hike a resort. A swimming pool that stands out. Maybe two or three. And the best location. Luxury mansions soaring beyond 20,000 square feet are popping up on street after street. Some 40,000 square feet. And some reaching a staggering 90,000 square feet. Bigger than the white house and taj Mahal combined. This boasts a 3,000 square foot master suite, three living rooms, salt water pool. It could be yours for $65 million. For some this giga construction seems more like giga invasion. This is the backyard. The wonderful part about this house. Reporter: Just yards from entertainment attorney Joe horocek’s front door, this 30,000 square foot hall of glass and cement is being built by hadid. Do you feel he’s invading your privacy? Privacy is completely gone. Reporter: For 15 years he’s lived a quiet life tucked away in the hills until hadid bought the house behind him and excavated thousands of cubic yards of soil from the hillside. I see the star ship “Enterprise.” And I get very angry also. What’s your biggest concern? Biggest concern is a combination of the total invasion of privacy, the total disregard which I believe Mohammad hadid has for the building code and for the safety of living beneath it. You think the house could end up in your property? I think there’s clearly that chance. Reporter: The city of los Angeles is not happy either. They’ve issued a stop work order. You had your permits revoked and a stop order on construction? Correct. Why was that? Well, the neighbor has complained to the city. And they decided that they want to look into it. We got our permits correctly. You can see the ocean from here. You can see it’s — the place is a modern home. Reporter: Hadid showed us the property from his perfespective where you can see horacek’s house directly below. Whoever’s going to live here is not going to stand here, hook down. He can put shrubs, other things. Reporter: Once finished this giga mansion will have two wine cellars, a moving bar that swivels, a wrap-around infinity pool. You have the people with the yacht, the plane, the houses. They’re buying in L.A. Reporter: Real estate expert David Kramer said it started with the sale of Aaron spelling’s 56,000 square foot home. People saw the reality of, we have buyers here. Reporter: He sold the spelling manor for $85 million. And says it opened the flood Gates for larger, luxurious homes. Who can afford these homes? Everyone thinks it’s foreign buyers? It’s everybody. Local, entertainment, hedge fund, banking, computer, definitely technology people, then a lot of foreign buyers. 30% to 40% are foreign buyers. Reporter: All this development comes at a price. Some irate neighbors pointing to the death of two LAPD officers killed by construction vehicles. Police officer Nicholas lee was killed last March when a dump truck returning from a construction site, then two months later an out of control cement truck overturned on the same road. There’s another truck. There’s another truck. Reporter: As a result, Fred Rosen, former CEO of ticketmaster, who recently founded a neighborhood alliance, cringes at every large truck in his neighborhood. Is this a regular occurrence on your street? Yeah. People at home who are going to watch and say, this is a fight of millionaires against approximately fair billionaires. I know, there’s always somebody with more, so that’s not the issue. We want to be safe. The one straight ahead — Reporter: Maureen Levin soon, Bel Air mother of two, is a member of the neighborhood alliance. She became sort of a modern-day vigilante over a massive 90,000 square foot property up the road. Are you with the construction site up here? There’s wildlife here. And that’s the way Bel Air used to be. Very peaceful and quiet. Now you have a truck — Oh, yeah. Three trucks going through. Reporter: Levinson’s neighbors, 8,000 and 10,000 square foot homes, are some of the homes considered to be tear-downs. That’s a million-dollar view. That’s a $10 million view. Reporter: But this — neighbors are viewing with so many giga mansions going up. They would come in convoys like freight trains. Reporter: Now some are waiting for this ultra-rich real estate bubble to burst. Do you think you’ll ever have quiet again? Not for many, many, many years. Reporter: Until then, if you can afford a house of this magnitude and want to throw a party for friends, Mohammad hadid has a few ideas. This is a wine cellar. How many bottles of wine? This is a 5,000 bottle of wine wine cellar. I haven’t counted. Reporter: For “Nightline” I’m Brandi Hitt in Los Angeles.
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Author behind TV’s ‘Love Boat’ lists Glendale home port

At Oct 08, 2014


Jeraldine Saunders, whose book “Love Boats” spawned TV movies and series, has listed her longtime home in Glendale for sale at $1.999 million.

The house, built in 1951, sits on a more than half-acre knoll with panoramic cityscape, canyon and hillside views.

The 3,036 square feet of living space includes formal dining and living rooms, three fireplaces, a wing with three bedrooms, three bathrooms, an office and a second-story family room.

A swimming pool, deck and fountain sit at the back of the house.

Read More…

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Summer Wishlist: 5 Homes With Spectacular Pools

At May 19, 2014

Summer unofficially starts next week, so what better way to cool off than by dipping into your very own pool? These five swimming holes feature views, pool houses, spas, and more.

1. 453 Bellagio Ter., Bel-Air

453 Bellagio Terrace.

This six-bedroom Tuscan villa is ideal for summer entertaining thanks to its heated pool, patio area, and outdoor kitchen. $9.45 million; contact Rodeo Realty listing agent Joyce Butler, 310-213-3389

2. 11459 Bellagio Rd., Bel-Air

A palatial 10-bedroom work of art that comes complete with not one, but two awe-inspiring pools and a spa. Plush gardens, an outdoor kitchen, and a pool house are just some of the home’s other covetable amenities. $18.995 million; contact Hilton & Hyland listing agent David Kramer, 310-691-2400

3. 9212 Nightingale Dr., Hollywood Hills West

This stunning Hollywood Hills West estate boasts an infinity pool that overlooks the Los Angeles Basin. No one can resist the allure of poolside lounge chairs that come with unparalleled views. $15.5 million; contact Hilton & Hyland listing agent Drew Fenton, 310-858-5474

4. 2009 La Mesa Dr., Santa Monica

Spend quality time soaking up the sun via this six-bedroom estate’s gorgeous outdoor space, which boasts a glimmering infinity pool and Jacuzzi. The property also features a home theater and its own recording studio. $18.9 million; contact The Agency listing agent Billy Rose, 424-230-3702

5. 909 Hartford Way, Beverly Hills

This jaw-dropping Mediterranean estate’s defining moment is its indoor pool surrounded by resort-like cabanas. Other summer entertaining areas include a bowling alley, theater, steam room, and a billiards room. $55 million; contact The Agency listing agent Justin Mandile, 424-230-7807

Read more at http://la-confidential-magazine.com/the-latest/pursuits/postings/properties-in-la-with-great-pools#UuHFZGTfrSTYup0F.99

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Ask a …. Real Estate Agent

At Apr 05, 2014


David Kramer is a real estate agent at Hilton & Hyland in Beverly Hills. He was the agent for the buyer of the Spelling mansion and was ranked #15 in real estate agents nationwide by the Wall Street Journal. He answers questions for Yahoo! Shine about the best and worst times to sell and finding the right home for you.


“The most exciting sale I had,” says Kramer, “was the sale of the Spelling mansion in Holmby Hills.” He notes that it was an interesting real estate deal for him to make. “You had a lot of very powerful people and you’re wedged in between them. And everyone needs to be happy because they have the money to do what they want, and you’re the ping pong ball making sure that they are happy.” He and his client were at the right place at the right time, he says, and Candy Spelling was ready to sell, simplify her life, and move on.

Related: How to invest in realestate

He adds that the transaction was difficult but a lot of fun, noting that the new owners didn’t really care about the specific rooms (like the doll rooms and the gift wrapping room). They wanted to make it their own–and they did.However, they did keep the bowling alley, which Kramer says has elements of a chic club. The 56,500 square foot house (not including the attic) was listed at $150 million, and he got it for his client, a 22-year-old heiress, at $85 million in 2011.

According to Kramer, “When you’re dealing with the high end, I have an expression I always say. ‘We’re not in the need business, we’re in the want business.'” He has clients tell him what they want, not what they need.”Everything goes. And we’re in the business to find it for them.”

Related: Have I bought theright house? 5 questions to ask yourself


Kramer says that people often have a dream home scenario in their head, but a lot of times it doesn’t exist. “What I tell people to do is put together a list of what you need and what you want and what you expect in a home, and then don’t look for a house. Just say, I’m going to look at homes, but I’m not going to look for a home. And get an idea of what’s out there. And you might surprise yourself and find something you didn’t think you would.”

Everyone wants to know how to get a good deal in real estate, says Kramer. He notes that typically there are seasons to watch.  According to Kramer, a good time to sell is pre-summer and summer, when people are looking to settle into a new home before the next school year begins. December can also be a good time for sales, as some buyers want the tax benefits before the end of the year. Conversely, if you are looking to buy a home, there may be more inventory at these times, but there is also more competition.

“The most important thing you can do,” Kramer says, “is really diligently learn the scenario of the seller and the situation. Beyond that, the best way to get a good deal is not to be emotionally attached to the house.” He adds that you have to think about your motivation. Is it to get the house you want or to get the better deal? “If it’s a better deal, then be prepared to walk away.”


Real estate is always a good investment, says Kramer. “There’s a saying that real estate gets sick but never dies,” he adds.

“When you’re buying a home, make sure it’s something you’re really happy with,” says Kramer. “It may not be exactly your dream house. But it is your home and it’s going to be your home for a long time. You may raise your children there. So don’t save a few dollars on a purchase and get the one you don’t want. Make sure you’re happy.”


Link to Yahoo article

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