Happy New Year’s Eve. Who doesn’t love a year end list? As we look forward to 2015, let’s take a look back at the five most expensive home sales of 2014.
It has been a high-flying year for the Los Angeles real estate market. Wealthy international buyers and deep pocketed Silicon Valley entrepreneurs have pushed the high-end luxury home market ever higher. Over ten homes sold for $30 million in 2014. It wasn’t long ago that a price like that would ensure you topped the list of Most Expensive Homes. But to make our top five this year, you’d have to spend close to $50 million.
Though the Hollywood Hills and Los Feliz also saw plenty of high-end action, all of the richest real estate is still clustered on the Westside. Beverly Hills is as far east as the top sales go. In fact, the majority of the biggest sales were in tiny Holmby Hills, many on the same couple of streets.
$88.3 MILLION – FLEUR DE LYS
The “White Elephant of Holmby Hills” had been for sale since 2007, asking as much as $125 million. It finally sold in March for $102 million. The official sale price was actually “only” $88.3 million. The buyer is most likely Michael Milken, former Junk Bond king and current think-tanker.
$74 MILLION – OLD DISNEY ESTATE
The former site of Walt Disney’s family dream home is now the site of a limestone mansion that sold in June for $75 million to an undisclosed “International” buyer. Private equity investor and Houston Dynamo owner Gabriel Brener put it up for sale in 2011 for somewhere between $80 and $95 million.
$70 MILLION – 1181 N. HILLCREST RD.
Swedish Minecraft creator Markus “Notch” Persson outbid Beyoncé and Jay-Z for this megamansion. Candy room and all.
$49.5 MILLION – BRODY HOUSE
The Brody House actually sold twice this year. Ellen DeGeneres bought the house in , May for $39.5 million. Only two months later, she sold it to Napster founder Sean Parker when he made her an offer she couldn’t refuse: $49.5 million.
$45 MILLION – 10231 CHARING CROSS RD.
In May one half of the much maligned former Dodgers owning McCourts, Jamie McCourt sold her over-the-top estate in Holmby Hills for $45 million.
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