Recent notable real estate transactions in Southern California
Southern California is known for its luxurious properties, stunning beaches, and breathtaking views. From Corona del Mar to Beverly Hills, this region is home to some of the most sought-after real estate in the world. Here are some of the most notable real estate transactions that have occurred in Southern California this year:
- Brad Pitt's Los Feliz Compound: Earlier this year, the esteemed A-list actor Brad Pitt offloaded his nearly two-acre Los Feliz compound, which he had spent the last fifteen years expanding by acquiring three surrounding lots. The property offers a host of luxurious amenities, such as dual side-by-side swimming pools, a skatepark, and picturesque terraced gardens. The off-market sale was $40 million, signifying the unparalleled grandeur of the estate.
- $70 Million Oceanfront Compound: The beloved talk show host, Ellen DeGeneres, and her partner Portia de Rossi, have recently acquired a remarkable $70 million oceanfront compound situated in the Carpinteria neighborhood of Santa Barbara. They purchased both lots, which were initially sold separately, making it the most expensive residential real estate deal in Santa Barbara's history. This lavish property spans 10 acres and features a 9,000-square-foot residence and a scenic lake.
- Beverly Hills Spec: This year, the accomplished German financier Lars Windhorst, paid $47 million for a luxurious Beverly Hills spec home, a million dollars over the asking price. Nestled on an acre of land, the estate boasts 6 bedrooms and 9 bathrooms, replete with state-of-the-art amenities, including a car museum, cigar lounge, all-glass elevator, and a double-height living room.
These notable real estate transactions are just a few examples of luxurious properties that are popular in Southern California. Whether it's a sprawling mansion with panoramic views or a cozy beachfront bungalow, the real estate market in this region continues to attract high-profile buyers and investors from around the world.