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The Real Deal Los Angeles

The priciest home listings in LA last week

Two-acre Brentwood home for $32.5M lands at the top
By Subrina Hudson | May 22, 2017 12:00PM

Priciest listings (MLS)

The more than two-acre Brentwood estate owned by the late James “Jay” McMahan and his wife Jacqueline hit the market asking $32.5 million, immediately snagging the top spot of The Real Deal’s priciest home listings in LA last week.

The home has eight bedrooms, seven bathrooms, a tennis court, a swimming pool and a koi pond. Its square footage wasn’t disclosed. 

McMahan got his start in the furniture business – taking over his father’s namesake company McMahan’s Furniture in 1951. He also purchased Williams-Sonoma in 1978 with partner Howard Lester for $100,000, according to the Los Angeles Times.

The furniture magnate passed away in 2011. His wife Jacqueline, who died in January, was the co-founder of the antique dollhouse and miniature museum Angels Attics in Santa Monica.

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

2 Oakmont Drive (MLS)

  1. 2 Oakmont Drive, Los Angeles
    Price: $32.5 million
    Size: Square feet undisclosed, 8 bedrooms/7 bathrooms
    Built: 1918
    Agents: Drew Fenton of Hilton & Hyland

661 Stone Canyon Road (MLS)

  1. 661 Stone Canyon Road, Los Angeles
    Price: $23.9 million
    Size: Square feet undisclosed, 8 bedrooms/9 bathrooms
    Built: 1935
    Agents: Stanley Richman of Compass

23438 Malibu Colony Road (MLS)

  1. 23438 Malibu Colony Road, Malibu
    Price: $18.5 million
    Size: 6,343 square feet, 5 bedrooms/6 bathrooms
    Built: 1928
    Agents: Jack Friedkin and Leonard Rabinowitz of the Agency

1115 Wallace Ridge (MLS)

  1. 1115 Wallace Rdg, Beverly Hills
    Price: $17.9 million
    Size: 5,500 square feet, 4 bedrooms/4 bathrooms
    Built: 2016
    Agents: Jade Mills of Coldwell Banker Residential Brokerage

10824 Chalon Road (MLS)

  1. 10824 Chalon Road, Los Angeles
    Price: $14.9 million
    Size: 6,800 square feet, 6 bedrooms/5 bathrooms
    Built: 1930
    Agents: Aaron Kirman and Sally Forster Jones of John Aaroe Group