Last week was a quiet one for the L.A. luxury market. Between Nov. 12 and Nov. 18, not a single property hit the MLS asking more than $13.5 million. Combined, the five most expensive listings to debut last week totaled just $58 million.
The most expensive property is a Bird Street locale owned by designer Lindsay Chambers that Chambers first put on the market in January for $19 million. The property that Chambers bought for $10.9 million in 2014 has now been re-listed and slashed for a second time — it was most recently listed for $14.9 million.
1435 Tanager Way | Hollywood Hills | $13.5 million
Branden Williams of Hilton & Hyland and Dustin Nicholas of Nicholas Property Group are the listing agents on the property, which resurfaced on the MLS this week, replacing Jayden Chen of Re/Max Advanced Realty.
The four-bed, four-bath home’s value in part derives as being one of 15 properties on the front row of the Hollywood Hills, which the listing bills as “offering the best views in all of Los Angeles.” The colorful estate description goes on to note that, “Mature olive trees and drought-resistant paintings invoke the Italian Riviera” and that the locale lends itself to “feeling at home with the stars.” (The section of Hollywood Hills is home to Leonardo DiCaprio, Keanu Reeves, and Walmart heiress Page Laurie.) The property itself is just under .3 acres, though the home spans 4,500 square feet, giving it a total asking price of $3,000 a square foot.
2462 Solar Dr. | Hollywood Hills | $12.5 million
The next priciest listing from the past week is also in the celebrity-soaked Hollywood Hills area, this one adjacent to Runyon Canyon. The locale is listed by Vicky Sheng and Robert Crawford of We Are Realty Inc. The hilltop property spans 16 acres, was built in 1995, and it lists for just over $1,200 per square foot. The 9,800-square-foot home features seven bedrooms, 7.5 baths and includes a grand staircase, 16-seat dining room, 14-seat movie theater, billiard room, wet bar, and solarium.
1047 Napoli Dr. | Pacific Palisades | $11 million
The newly built, five-bedroom, seven-bath house sits on one of the toniest streets of the Pacific Palisades. The 7,900-square-foot estate features coffered ceilings, French doors, and is “surrounded by high hedges for complete privacy,” according to the listing. The selling agent is Gary Glass of Berkshire Hathaway HomeServices California.
1476 Carla Ridge | Beverly Hills | $10.8 million
This three-bed, five-bath home is one of several built by real estate developer Paul Trousdale in Beverly Hills near the Santa Monica mountains during the 1950s and 60s. The 59-year-old, 3,600 square foot abode (roughly $2,960 square feet) is billed as remodeled and featuring a bird’s eye view of Los Angeles and the Pacific Ocean. The listing agent is Brent Watson of Coldwell Banker Residential Brokerage.
10824 Chalon Rd. | Bel Air | $9.9 million
This six-bedroom, seven-bath Mediterranean-style home advertises as a “tropical paradise,” replete with three waterfalls, gardens, pool, and an outdoor tea, meditation and massage area. Steven Kirshbaum of The Agency is the listing agent on the 89-year-old home, which spans 6,800 square feet ($1,455 a square foot).