With pandemic numbers rising again from some sources; it’s shaken investors and pushed 30-year mortgage rates lower again this week, though adjustable rates moved a little higher.MCLEAN, Va.
Sale of ‘Beverly Hillbillies’ Mansion Breaks Record ☘ Hoey Team ☘ eXp Realty
Dated: December 14 2019
The mansion used as the backdrop of the popular 1960s TV show “The Beverly Hillbillies” has sold for about $150 million—a record-setting sale for California and the second most expensive for the U.S.
The home in the ritzy Bel Air neighborhood of Los Angeles is also known as Chartwell. It was once a pocket listing with a price tag of $350 million but sold after a series of price drops and being listed publicly on the MLS.
The sale price tops California's previous record-setter, the $120 million sale of the Manor in Holmby Hills earlier this year. Nationally, the sale of the "Hillbillies" mansion is second only to the $238 million penthouse in New York that sold to hedge funder Ken Griffin in January.
The 1930s French neoclassical style estate boasts 25,000 square feet, has 26 rooms, and sits on 10 acres. Though the exterior of the home was used in the TV show, filming never took place inside. The buyer is Lachlan Murdoch, son of Rupert Murdoch and co-chairman of News Corp. The estate has one of the highest annual tax bills in Los Angeles at $1.3 million, the Los Angeles Times reports.
The listing agents for the home were Drew and Susan Gitlin of Berkshire Hathaway Homeservices California Properties; Drew Fenton, Gary Gold, and Jeff Hyland of Hilton & Hyland; and Joyce Rey, Jade Mills, and Alexandra Allen of Coldwell Banker Global Luxury. Fenton also represented Murdoch in the deal, the Times reports.
The luxury market continues to be strong in California: Los Angeles has seen seven mega-sales since 2016, each at least $100 million.
Article content from NAR (National Assocition of Realtors) Realtor Magazine and from other sources. If you have questions on any aspect of the Real Estate Market, Locally, Nationally or Internationally, please let us know, we can answer your questions, and are always available to help.
Also; please check out the other blogs, and tabs to many other Links, Updates, Reports & Stats that we have here on our informational website. ☘
We hope that you find the information useful. If you have any questions, please do not hesitate to contact Barry or Kim with the Hoey Team ☘ brokered by eXp Realty
“Please Share this and our informational website with anyone who you think the info will help.
Feel free to refer any family or friends; it is the greatest compliment that you can give to us; we really appreciate referrals from Past Customers, Friends and Fellow REALTORS, who we help in any way we can.
Most of our business is referrals by word of mouth; from past Sellers and Buyers who we have helped; please ask for and check out our testimonials and Sales Stats. Thanks, Barry & Kim ☘”
"Your Real Estate Concierge" If you are looking for a REALTOR® or one-stop Real Estate Team who will fully communicate; promptly, professionally, and in detail with you, to efficiently help you wit....
Latest Blog Posts
Hello,Barry & Kim with the Hoey Team 🍀 239RealEstateDeals.Com LLC ☘ hope that you and yours are doing good; wherever you are located.Hot off the press please find
Florida Realtors chief economist Dr Brad O'Connor: More homes are being listed than you think. Despite record-low inventory levels, the reason for current buyer frustrations isn’t
Welcome to the Luxury Market Report for June 2021, your guide to luxury real estate market data and trends for North AmericaProduced monthly by The Institute for Luxury Home Marketing, this report