The Real Deal Los Angeles

The priciest home listings in LA last week

Malibu’s most expensive estate takes the lead
By Subrina Hudson | March 27, 2017 08:30AM

Priciest Listings

A former castle by the sea in Malibu made it to the top of last week’s priciest listings.

The nearly complete 15,200 square foot spec mansion on Malibu Crest Drive, called “the New Castle,” has an asking price of $80 million, or $5,263 a square foot.

It sits on the site of the former Castle Kashan owned by philanthropist and international socialite Lilly Lawrence, whose father, Reza Fallah, was once the oil minister for the Shah of Iran. The property burned down in 2007, and Lawrence sold the land to an entity connected to Gillen in 2015.

The 11,000-square-foot main house has a teak library-like wine room and teak, humidifier cigar room. The teak room alone cost $1 million, according to listing agent Alessandro Dazzan of Coldwell Banker Residential.

Here are the top five single-family home listings in Los Angeles, according to TRD’s analysis of Redfin and MLS data:

A rendering of 23800 Malibu Crest Drive (MLS)

  1. 23800 Malibu Crest Drive, Malibu
    Price: $80 million
    Size: 15,200 square feet, 6 bedrooms/7 bathrooms
    Built: 2017
    Agents: Alessandro Dazzan of Coldwell Banker Residential Brokerage

10697 Somma Way

  1. 10697 Somma Way, Bel Air
    Price: $75 million
    Size: 40,000 square feet, 8 bedrooms/21 bathrooms
    Built: 2017
    Agents: Ty Cueva of Westside Property Group

6907 Grasswood Avenue

  1. 6907 Grasswood Avenue, Malibu
    Price: $12.9 million
    Size: 3,872 square feet, 5 bedrooms/5 bathrooms
    Built: 1974
    Agents: Sara and Paul Grisanti of Coldwell Banker Residential Brokerage

1145 Stradella Road

  1. 1145 Stradella Road, Los Angeles
    Price: $10.5 million
    Size: 5,040 square feet, 5 bedrooms/5 bathrooms
    Built: 2011
    Agents: Myra Nourmand and Bahar Soomekh of Nourmand & Associates

9236 Cordell Road

  1. 9236 Cordell Drive, Los Angeles
    Price: $8.9 million
    Size: 6,000 square feet, 4 bedrooms/5 bathrooms
    Built: 2016
    Agents: Ann Dashiell of Douglas Elliman