Elon Musk’s former Bel-Air home’s price cut by $3M, faces foreclosure

The Bel-Air home, built by Los Angeles architect Robert Byrd, saw a price reduction from $12.95 million to $9.5 million, and is set to go to auction next month if it remains unsold. Continue reading

Casa Encantada megamansion sees $30M price cut to $165M

Described by Compass agent Josh Flagg as “one of the finest residences in the United States” in a statement obtained by the New York Post, the home certainly lives up to its reputation. It spans 40,000 square feet across 60 rooms, including 7 bedrooms … Continue reading

The top 35 agents in Hollywood today are still setting records

LA’s top luxury agents are continuing to sell at staggering heights despite a variety of market factors working against them, all while keeping their sometimes temperamental celebrity clients happy. Continue reading

Elon Musk signals foreclosure on former home of Gene Wilder

An entity tied to Musk has filed a notice of default on the property, which Wilder’s nephew purchased from Musk with the assistance of a loan from the Tesla CEO in 2020. Continue reading

Oakley founder smashes California record with $210M home sale

The 15,000-square-foot home, which sits on 9.5 acres, was not publicly listed for sale. The deal surpasses a nearly $200 million purchase in Malibu by Beyoncé and Jay-Z last year. Continue reading

LA nets biggest deal yet this year at $62.8M for spec mansion

The European-style home is located in the Hollywood Hills’ coveted Bird Streets. The sale marks a breakthrough for a market that’s been crippled by high interest rates and a mansion tax. Continue reading

The 31 biggest residential deals of 2023 commanded $50M or more

New York City and Palm Beach saw the greatest number of high-end luxury sales this year, while Los Angeles, marred by the new mansion tax, did not make the list. Continue reading

Hollywood’s top 35 luxury real estate agents, revealed

It takes a highly qualified real estate agent to perform at the level that some of the world’s wealthiest celebrities demand. Here are the top ones serving Hollywood, according to “The Hollywood Reporter.” Continue reading

The 20 biggest residential real estate transactions of 2023 (so far)

Luxury buyers have been hot on Palm Beach, with 7 of the year’s top 20 deals coming out of the luxe South Florida market. Overall, this year’s list shows buyers’ thirst for trophy properties. Continue reading

Beyoncé, Jay-Z obliterate California record with $200M home purchase

The property purchased by the celebrity power couple on Pacific Coast Highway encompasses nearly six acres of land and was designed by acclaimed Japanese architect Tadao Ando and sold by son of famous soap opera creators Bill Bell and Lee Phillip Bell. Continue reading