The hillside estate of “Entourage”’s fictional movie star Vincent Chase has found a buyer.
Nestled in the Bird Streets neighborhood, the estate at 9050 Oriole Way neighbors Leonardo DiCaprio’s home and is listed for nearly $25 million. It was last week’s top home to go into contract based on asking prices in a roundup compiled by Douglas Elliman’s Eklund Gomes team.
According to property records, a trust overseen by Hannele Kristina Bharti is the seller. Robb Report tied that entity to Stan Bharti, who is the founder of merchant bank Forbes & Manhattan with offices in Beverly Hills and Toronto.
Carolwood Estates’ Kristofer Everett-Einarsson, James Harris and David Parnes are listing the property.
The three-bedroom, six-bathroom home sits on nearly an acre and offers vast views spanning from West Hollywood to Long Beach. That’s helped with the mansion’s design, which pumps as much natural light into the space with a glass-pivot door and glass-bottom floor at the entry, along with floor-to ceiling windows.
Inside is a piano lounge complete with a bar, chef’s kitchen, butler’s pantry, a primary suite with its own office and private terrace, and a second suite with a Juliette balcony.
Eklund Gomes reported in its Eklund Weekly Luxury Report Los Angeles the next largest home to go into contract was 23456 Malibu Colony Road, #88, inside the exclusive, beachfront community of Malibu Colony. The home is asking just under $23 million.
The Agency’s Eric Haskell and Sandro Dazzan hold the listing.
Records through PropertyShark indicate the seller is a limited liability company called Malibu-Cas Jake.
The pending deal is for a four-bed, five bath home that’s a little over 3,500 square feet across a main house and separate guest home. Aside from ocean views, the main house’s primary suite offers a private balcony. For outdoor entertainment, there’s a spa, fire pit, pizza oven, jacuzzi and direct access to the beach.
The pair of homes brought last week’s total number of signed contracts in L.A. County to 24, edging up slightly from 23 in the week ended June 29, according to the Eklund report. The weekly roundup counts properties in the Multiple Listing Service starting at $4 million.
Asking dollar volume last week surged 319 percent from the year-ago period to $213.4 million, partially driven by more contracts being inked, according to the Eklund report. There were 15 more homes that went into contract last week, compared to a year earlier.
Even with the jump in listing volume, the buyer’s market in L.A. County continued. The number of new listings increased last week as 112 properties hung up the for-sale sign bringing the total to 1,521, according to Eklund Gomes. That compares to the 37 homes added to the market’s inventory in the previous reporting period.
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