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Spec developer asks $38M for 14-bath Brentwood contemporary

David Maman’s latest listing comes on heels of his $25M Bel Air sale

 1204 Chickory Lane in Los Angeles with The Agency's Santiago Arana (Marc Angeles, Getty, Neue Focus)

Spec developer David Maman has placed his latest creation, with views of the Getty Center and Downtown Los Angeles, on the market for $38 million.

David Maman Design and Development is the builder and seller behind the nine-bedroom, 14-bathroom home at 1204 Chickory Lane in Brentwood. It has 15,000 square feet of contemporary design sitting above a private cul-de-sac. The three-level mansion boasts a primary suite with its own private patio, bar, temperature-controlled wine cellar, screening room, wellness center, outdoor kitchen, pool, staff quarters and an eight-car garage.

Maman purchased the property in 2021 through Maman Properties LLC for $5.8 million from Chickory Lane LLC, according to property records. Chickory LLC is managed by Bill Zutter and operates as an investment rental business tied to a Florida address, according to filings with the state Following his purchase, Maman went on to build the home anew and completed it this year.

The Agency’s Santiago Arana is marketing the property.

The listing comes after Maman’s March sale of 1050 Stradella Road in Bel Air for $25 million. The closing price was a steep cut from the $33.8 million the new build originally hit the market for in March 2024. It had most recently been listed for just under $29 million before the closing.

Arana was also the listing agent on the 16,000-square-foot Stradella Road deal. It was bought with Pinnacle Real Estate Group’s Sam Mu representing husband-and-wife Gang Ji and Ting Zhang, according to property records.  

While some have called out a shift to a buyer’s market in Los Angeles’ high end, data from Douglas Elliman offers a mixed view in the second quarter.

The median sales price for the single-family luxury home market in L.A. increased 6.5 percent to $13.8 million year-over-year, according to the Elliman Report produced by Miller Samuel Real Estate Appraisers & Consultants. The overall number of transactions totaled 71 in the second quarter, which was up 7.6 percent from the same three months in 2025.

Properties also appear to be sitting on the market for shorter periods at 51 days, which is down 5.6 percent from the year-ago period.

The market data may be lagging from what some agents are seeing play out currently, while also hinting at what could materialize in the third-quarter Elliman Report.

Elliman noted bidding wars were down from 25.5 percent of transactions in the second quarter of last year to 21.3 percent in the same three months in 2025, potentially hinting at a cooling. Meanwhile, the report suggests the pace of dealmaking, a gauge of how quickly the market can burn through and sell available inventory, slowed to 21.8 percent annually.

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