A Bird Streets property once owned by Britney Spears and later Brittany Murphy is on the market for nearly $18 million in a bid to test a rebound of the tony Hollywood Hills neighborhood.
Beverly Hills-based Carolwood Estates’ David Parnes and James Harris of the Bond Street Partners team, along with San Jose brokerage Haylen Group’s Helen Chong and Susanna Leung, have the listing on 1895 Rising Glen Road.
It’s a winding drive through the hills to get to the estate sitting high above the Sunset Strip. The property received extensive renovations in 2016 and now looks nothing like its former self, when it was owned by the two celebrities.
Another $2.7 million was pumped into the home by the current seller, who Parnes declined to provide details on, with updates spanning the outdoor motor gate and front entrance steps, to bedroom built-ins and a new guest bedroom with a marble fireplace.
Property records show the home is owned by a Rhode Island-based trust.
Totaling 9,400 square feet, the three-floor home has five bedrooms and nine baths. It’s on a roughly 1.2-acre lot with a theater, separate wing for a fitness studio and massage room, elevator, floor-to-ceiling windows, wraparound terrace and two wet bars.
The property last traded in December 2020 for $12.2 million, according to listing sites.
Sales in the Bird Streets have moved in line with L.A.’s overall luxury home market. Interest rates, among other factors, hampered deals earlier in the year. Now, with more rate cuts expected, agents see some business coming back.
“Sentiment feels good right now and there’s momentum,” Parnes said on a recent weekday, while standing on the home’s balcony overlooking the city.
It could help that the Rising Glen home’s next-door neighbor may have reset the market.
The 23,000-square-foot mansion at 1898 Rising Glen Road sold in April for $62.8 million, marking L.A. County’s priciest on-market deal this year.
An LLC called Starlight Capital bought the eight-bed, 18-bath home from spec developers Brandon and Deborah Shainfeld.
The buyers were represented by Haylen’s Chong and Leung, while Westside Estate Agency’s Kurt Rappaport and Andreas Elsenhans represented the sellers.
Other sellers in the vicinity have also sought to test buyer appetite for the neighborhood in recent months.
Within the Bird Streets, there’s 1380 Mockingbird Place, which was relisted earlier this month for just under $35 million. There’s also 1457 Blue Jay Way, which was relisted for nearly $20 million in May, after last being listed in September 2023.
Elsewhere in the Hollywood Hills, the home at 8116 Laurel View Drive, which sits above the famed Chateau Marmont, sold for $19 million last December and was placed on the market in September for nearly $24 million.
Spears bought the home in 2001 at the age of 19, paying a little less than $3 million. The “Toxic” singer sold the house to Murphy in 2003.
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