Westside Estate Agency nabbed the priciest resi contract in Los Angeles County last week with a manse asking $25 million.
The home at 703 North Arden Drive in the coveted Beverly Hills’ 90210 zip code, which spans more than 10,000 square feet, went into contract last week, topping all other local contracts — based on a report compiled by Marcy Roth of Douglas Elliman’s Eklund Gomes team. The Eklund Weekly Luxury Report Los Angeles rounds up single-family homes and condominiums listed in the Multiple Listing Service for $4 million or more and lists the top contracts based on asking price.
The five-bedroom, 12-bathroom Mediterranean style estate on a roughly 23,000-square-foot lot officially sold on Wednesday for $24 million, or $2,345 per square foot, according to Zillow and Redfin, after less than a month on the market. It boasts a chef’s kitchen, paneled library, theater, gym, a guest house, pool and staff suite.
Kurt Rappaport of Westside Estate Agency held the listing for the Arden Drive manse, representing both the buyer and seller. Rappaport declined to comment on the buyer, but confirmed the sellers were Kevin Wall and Sue Smalley, founders of investment firm PTK Global...
Read the full story at TheRealDeal.com.
