California Real Estate | < 1 minute read
Top Most Expensive Homes Sold in L.A. County in 2016
BY Andra Rus | Dec 21, 2016
This Year, the $100-Million Home Sale Finally Happened in L.A. County
2016 brought the biggest home sale ever recorded on the L.A. market, hitting the $100 million mark. What’s more, two different homes traded for this amount, sharing the top spot on our list of most expensive homes.
The first $100-million sale on our list is the famous Playboy Mansion in Holmby Hills, bought by Daren Metropoulos through Mapleton Manor LLC in August 2016. Hugh Hefner, the current owner, retained the right to live in the residence for the remainder of his life, as reported by the LA Times.
It’s not uncommon for homes in L.A. to appear in lists of most expensive US homes on the market, with jaw-dropping asking prices. This is also the case with the other $100-million home sale on our list, the spec house at 301 N Carolwood Drive, which ranked second in the top 10 most expensive US homes on the market back in August. The final sale price fell short of the $150 million asking price, but still earned this property a place at the top of our list.
The other properties that made the 2016 top home sales list are located mainly in Beverly Hills and Bel Air, with Malibu and Pacific Palisades each making an appearance. The sale of Tom Cruise’s home on Calle Vista Drive takes the 5th position with a price of $38 million.
Check out the top 10 in the table below:
Top most expensive home sales recorded in 2016 in Los Angeles County
| Address | Sale Date | Sale Price | |
|---|---|---|---|
| 1 | 10236 Charing Cross Road, Los Angeles 301 North Carolwood Drive, Los Angeles | 16-Aug-16 10-Nov-16 | $100,000,000 $100,000,000 |
| 2 | 141 South Carolwood Drive, Los Angeles | 16-Sep-16 | $90,000,000 |
| 3 | 78 Beverly Park Lane, Beverly Hills | 20-Oct-16 | $40,000,000 |
| 4 | 640 Williams Lane, Beverly Hills | 28-Apr-16 | $38,270,000 |
| 5 | 1111 Calle Vista Drive, Beverly Hills | 7-Jun-16 | $38,000,000 |
| 6 | 10664 Bellagio Road, Los Angeles | 17-Jun-16 | $34,928,500 |
| 7 | 3620 Sweetwater Mesa Road, Malibu | 30-Jun-16 | $33,500,000 |
| 8 | 1601 Casale Road, Pacific Palisades 420 Trousdale Place, Beverly Hills | 22-Aug-16 23-Sep-16 | $32,500,000 $32,500,000 |
| 9 | 673 Siena Way, Los Angeles | 20-Oct-16 | $30,000,000 |
| 10 | 1492 Stone Canyon Road, Los Angeles | 27-May-16 | $28,000,000 |
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POSTED IN: California Real Estate, Los Angeles Real Estate
With 10+ years of experience at PropertyShark, Andra covers the latest product updates and market reports for our blog. Her work has been featured in The Real Deal, Curbed, TimeOut, The Daily Mail, Business Insider, Crain’s New York.
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