Los Angeles Area Home Sales over $10 Million

Beverly Hills-Bel Air-Holmby Hills-Santa Monica Areas

Real Estate Market Recap

$10,000,000+ Home Sales, 2011

The Zenith of Los Angeles Real Estate

Multi-Million Dollar Homes Sold - 2011

Beverly Hills Bel Air Hollywood Hills Brentwood million dollar homes for sale

What homes have sold in the Los Angeles area for over $10 million in 2011? The chart below lists all single-family homes sold exceeding the $10,000,000 price point this year. The homes are located in the most exclusive enclaves of Los Angeles proper, including Bel Air, Holmby Hills, Brentwood, and the Sunset Strip/Bird Streets areas of the Hollywood Hills. Many of the properties are also located in the adjacent cities of Beverly Hills (including Beverly Hills Post Office) and Santa Monica.

Over the past several months, several dozen properties have sold for $10 million dollars and up. These luxury estates include some of the the most expensive residences available in the city. The list does not include homes sold in the Malibu area, which has also seen a fair number of beachfront properties in this bracket change hands.

The Spelling Mansion

The area's top sales include the famed Spelling mansion, at 594 South Mapleton Drive. The asking price on the mansion was $150,000,000 and it eventually sold for $85,000,000. The Holmby Hills estate stands as the highest-piced single-family home sold in Los Angeles in 2011. It is unlikely that the sale will be topped any time soon.

The smallest home on the list is just over 5,500 square feet, yet it sits on a parcel that is over an acre in prime Beverly Hills. In this price bracket, lot sizes are especially important as homeowners want a quiet piece of the world they can call their own. Homebuyers in this price range often list a large lot as necessary because they desire to enjoy the privacy and security of a secluded compound. Sizeable lots offer the opportunity to add on to the main residence and, in some cases, to reconfigure it entirely. This is frequently done in the hills as the main structure is often repositioned or rebuilt to take advantage of spectacular city and ocean views. Large lots also provide ample room for grand motor courts, swimming pools, guest houses, staff quarters, tennis courts, and sumptuous gardens to complete the indoor/outdoor lifestyle that southern California is famous for.

PROPERTY ADDRESS	CITY/AREA	LISTING PRICE	BEDROOMS	BATHS	HOME SQUARE FEET	LOT SIZE	YEAR BUILT	DATE SOLD	SALE PRICE
1076 MARILYN DR	Beverly Hills	$16,900,000	5	8	14,609	38,200	2006	4/1/2011	$15,700,000
10463 BELLAGIO RD	Bel Air	$19,500,000	5	5		62,290	1942	5/2/2011	$16,600,000
1008 LEXINGTON RD	Beverly Hills	$13,899,000	8	7		31,363	2001	4/13/2011	$12,000,000
594 S MAPLETON DR	Holmby Hills	$150,000,000	14	27	56,500	204,450	1990	7/14/2011	$85,000,000
9280 NIGHTINGALE DR	Sunset Strip	$18,900,000	4	7		27,860		2/9/2011	$13,750,000
12700 CHALON RD	Brentwood	$28,900,000	8	11.5	18,000	178,596	2005	3/31/2011	$26,000,000
14 BEVERLY PARK	Beverly Hills Post Office	$14,900,000	7	7	13,638	93,467		2/9/2011	$12,999,999
651 SIENA WAY	Bel Air	$23,000,000	7	12		29,180	1937	3/7/2011	$23,000,000
23 OAKMONT DR	Brentwood	$12,500,000	6	9.5	11,000	89,734	1992	7/1/2011	$12,200,000
1010 N HILLCREST RD	Beverly Hills	$15,900,000	3	7	5592	46,950	1959	1/5/2011	$13,000,000
300 STONE CANYON RD	Bel Air	$15,750,000	7	8	11,700	81,000	2001	6/16/2011	$11,400,000
210 N CAROLWOOD DR	Bel Air	$15,900,000	8	11		43,560		2/17/2011	$13,500,000
111 N MAPLETON DR	Holmby Hills	$23,950,000	7	11	11,329	52,272	1936	5/3/2011	$21,500,000
619 DOHENY RD	Beverly Hills	$28,500,000	4	7	6940	128,034	1972	4/20/2011	$12,500,000
914 HARTFORD WAY	Beverly Hills	$13,500,000	5	8.5	7862	26,702	1987	4/26/2011	$10,675,000
9050 ORIOLE WAY	Sunset Strip	$17,995,000	3	5.5		34,456	1979	4/8/2011	$14,500,000
1225 ANGELO DR	Beverly Hills Post Office	$22,950,000	7	8		178,596	1940	5/12/2011	$22,950,000
336 ADELAIDE DR	Santa Monica	$11,995,000	5	7.5	0	23,600	1910	5/13/2011	$11,650,000
1518 BEL AIR RD	Bel Air	$14,000,000	6	9.5	9236	19,115	1947	5/3/2011	$12,000,000

How has the Beverly Hills real estate market fared over the past twelve months? Click here to see a market recap of all homes sold in Beverly Hills over the past year.

Beverly Hills real estate agents - Top 10

David was named one of The John Aaroe Group's Top 10 Agents in the Beverly Hills Office for 2010. Read here.

Doheny/Bird Streets - Sunset Strip Real Estate Update

What homes have sold in the Doheny/Bird Streets area of the Sunset Strip in 2011? Read this market recap of homes sold on upper & lower Doheny and the Bird Streets (Nightingale, Flicker, Blue Jay Way, Oriole, et al.).

DAVID KEAN & ASSOCIATES
Contact Information

Beverly & Co.
15301 Ventura Blvd., B315
Sherman Oaks, CA 91403
DRE #02078273

cellular: 213/422-4516

e-mail: David@DavidKean.com

Website: www.DavidKean.com

Specializing in high-end residential properties throughout the Los Angeles area (Beverly Hills, Hollywood Hills/Sunset Strip/Doheny, Hancock Park, Bel Air, Wilshire Corridor, Brentwood, Pacific Palisades, Century City, Downtown Los Angeles)