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Kohen Development lists spec home in Holmby Hills for $45M

Kohen Development Group has listed a new 17,700-square-foot mansion in Holmby Hills for $45 million. The designer-builder is selling the spec mansion at 615 North Faring Road, according to the Robb Report. The lot was once part of a 4-acre hilltop estate owned by 1930s Hollywood actress Claudette Colbert, star of “It Happened One Night” and “Cleopatra.” Her Colonial-style mansion, designed by Frank Lloyd Wright’s son, Lloyd Wright, was demolished after it was sold in 2014. Kohen Development bought a two-thirds-acre piece of the estate in 2019 for $7.6 million, according to Robb. The parcel is owned by Encino-based Faring LLC, registered to builder Soheil Matian and led by Shahab Kohen, according to public and state business records. Kohen designed and built the gray three-level home on Faring Road. The six-bedroom, 12-bath mansion is hidden behind high hedges behind a gated driveway, not far from Harvard-Westlake Middle School. The contemporary showpiece is centered around a mature olive tree surrounded by glass walls rising from the bottom floor. The spec house includes a living room with a two-way fireplace built in stone, a dining area with a glass-enclosed wine display, and a family room next to a gourmet kitchen with two “mini-wine cellars.” The home includes a movie theater with pocket doors and a second bar off the family room. It includes two laundry rooms, an elevator and an office. There’s a two-car garage and roof deck. The basement level contains a bar and a resort-style gym and a spa with pool, yoga and massage room, according to the listing. Outside, there’s a hot and cold plunge pool, circular infinity-edge pool and spa and a built-in barbecue surrounded by grass. Brokers Mauricio Umanksy and Zach Goldsmith of The Agency and Aaron Kirman, Bryce Lowe and Kirby Gillon of AKG | Christie’s International Real Estate hold the listing. https://therealdeal.com/la/2023/11/28/kohen-development-lists-spec-home-in-holmby-hills-for-45m/

A Sleek L.A. Spec Mansion on Storied Hollywood Ground Lists for $45 Million

Over in a particularly prime pocket of Los Angeles, on a hallowed parcel once home to legendary Hollywood actress Claudette Colbert, a newly built spec mansion has just popped up on the market. The asking price is a hefty $45 million, or a about $37 million more than the Holmby Hills spread last sold to a development group for almost four years ago, back in March 2019. Completed this year, the grand house rests on property that has a celebrity pedigree dating back to the 1930s. That’s when Colbert commissioned Frank Lloyd Wright’s son Lloyd Wright to build her a striking Colonial-style mansion on a 4-acre hilltop estate surrounded by picturesque gardens, where the It Happened One Night star lived until the ’60s with her husband Dr. Joel Pressman, head of UCLA’s Neck & Hand Surgery Department. Later owned by retired Northrop Grumman chairman and CEO Kent Kresa, and subsequently occupied by businessman Juan Villalonga, the house sold in 2014 for $7.3 million to a real estate developer who razed Colbert’s home and subdivided the surrounding land into smaller lots. An original piece of the property was next snapped up in 2019 for around $7.6 million by Kohen Development Group, who went on to design and construct a sleek architectural-style home boasting six bedrooms and 12 baths filtered across a little more than 17,600 square feet of three-level living space. Tucked away behind a gated driveway and high hedges, on nearly three-quarters of an acre near the prestigious Harvard-Westlake Middle School campus, the contemporary showpiece is centered around a mature olive tree that’s encased by glass walls and sits amid a water feature on the basement level. Other highlights include a living room flaunting a soaring two-way fireplace clad in stone and dining area sporting a glass-encased wine display, along with a family room that adjoins a gourmet kitchen outfitted with top-tier Miele and PITT appliances, a couple of mini-wine cellars, dual eat-in islands and a secondary prep kitchen. A movie theater with blackout shades flows via pocketing doors to a bar holding court outside, and there also is another bar in a nook off the family room, plus two laundry rooms, an elevator and office space. A sumptuous upstairs master retreat features a private balcony, fireplace, hidden ceiling TV, and double walk-in closets and lavish baths, while the aforementioned basement level comes complete with a gym, sauna, and steam and massage rooms; and outdoors, the manicured grounds host a hot and cold plunge pool, circular infinity-edge pool and spa flanked by a sundeck, built-in barbecue, and several spots ideal for al fresco lounging and entertaining. There’s also a roof deck and two-car garage. The listing is shared by Mauricio Umanksy and Zach Goldsmith of The Agency, and Aaron Kirman, Bryce Lowe and Kirby Gillon of AKG | Christie’s International Real Estate. https://robbreport.com/shelter/celebrity-homes/sleek-los-angeles-spec-mansion-on-hallowed-hollywood-grounds-seeks-45-million-1235426582/

‘Zen’ Is at the Center of This $45 Million Los Angeles Spec Home

A Los Angeles spec house with a live olive tree at its center is listing for $45 million. The tree is surrounded by three glass walls and sits in a water feature on the home’s basement level, according to developer Shawn Kohen of Kohen Development Group. He bought the roughly ¾-acre lot in Holmby Hills for $7.65 million in 2019, records show. The recently completed house spans about 17,600 square feet over three levels, Kohen said. The house has six bedrooms, two kitchens and two libraries, as well as a roof deck. In addition to being beautiful to look at, Kohen said, the tree brings a “Zen” feeling to the house, he said. “You don’t see it every day.” He said he selected an olive tree because the species does well in the California climate and lasts a long time. The mature tree was brought in about five months ago. “They had to crane it in with two different cranes,” Kohen said. Thanks to the glass walls, the tree is visible from all three levels, he said. There is also access to the base of the tree from the basement level, where there is a spa with a sauna, steam room, gym, massage room and hot and cold plunge. Outside, there is a round infinity-edge pool. Kohen said the house was several years in the making, between design and construction. Visitors enter the L-shaped house via a glass bridge that leads to the front door. There is a two-sided fireplace with a three-dimensional stone design. Kohen put a theater on the first level to function as a multipurpose entertaining space. The room has blackout shades, as well as huge pocket doors to the outside and a bar. “We always see theaters hiding in the basement. We made ours a focal point,” he said. Aaron Kirman, Bryce Lowe, and Kirby Gillon of AKG | Christie’s International Real Estate are co-listing the property with Mauricio Umanksy and Zach Goldsmith of the Agency. Overall, the luxury market in Los Angeles has slowed since last year. During the third quarter, listing inventory in Bel-Air and Holmby Hills declined annually for the first time in five quarters, according to real-estate appraisal firm Miller Samuel. The average price for a luxury single-family home in Bel-Air and Holmby Hills rose 12% year-over-year. Last month, singer and actress Jennifer Lopez sold her Bel-Air home for just under $34 million. https://www.mansionglobal.com/articles/zen-is-at-the-center-of-this-45-million-los-angeles-spec-home-2ad0ad3e

Former Paul McCartney Estate Lists, a Gilded Age Mansion Is for Sale for $65 Million, and More Real Estate News

From the listing of Paul McCartney’s former home to a historic Upper East Side residence hitting the market, there is always something new happening in the world of real estate. In this roundup, AD PRO has everything you need to know. It’s not unusual for a Beverly Hills home to have some celebrity pedigree. But a gated compound on the market for just under $20 million could have its own Walk of Fame. Built in 1941 for Bert Lahr, a.k.a The Wizard of Oz’s Cowardly Lion, the 15,500-square-foot estate has also been home to Betty Grable, Paul McCartney, Don Johnson and Melanie Griffith, and Sharon and Ozzy Osbourne, among other notables. It was even designed by a star: trailblazing Black architect Paul R. Williams, whose celebrity clientele also included Frank Sinatra, Lucille Ball, and Cary Grant. (Williams is also responsible for iconic elements of LAX and the Beverly Hills Hotel.) The current owner, fashion insider Guy Attal, bought the property in 1999 for $2.55 million and has rented it to numerous stars since then. He’s also listed it quite a few times, but never seemed to find the perfect buyer. The current list price of $19.995 million is down from $22.995 million in June. “The house has been very emotional to let go of, he loves the house,” AKG | Christie’s International Real Estate’s Aaron Kirman, who is sharing the listing with colleagues Kirby Gillon and Bryce Lowe, told Mansion Global. “Today he’s ready to let it go. It’s why he’s agreed to reduce it.” The main house has seven sleeping chambers in all—two primary suites plus three additional bedrooms and quarters for two staff members. An adjacent guest house adds two more beds, as well as an attached two-car garage. As for recreational offerings, there’s a pool, tennis courts, putting green, and even a two-lane bowling alley. How’s that for the Hollywood treatment? https://www.architecturaldigest.com/story/former-paul-mccartney-estate-lists-real-estate-news

Leaders of Influence: Residential Real Estate Brokers 2023 – Bryce Lowe and Kirby Gillon

BRYCE LOWE and KIRBY GILLON Bryce and Kirby Luxury Estates AKG I Christies International Real Estate Together, Bryce Lowe and Kirby Gillon serve as lead directors of the Luxury Estates Division at the Aaron Kirman Group of Christies International Real Estate. They primarily specialize in exclusive representation of luxury properties, celebrity homes, land and development opportunities, and architecturally significant properties across all of the Los Angeles spectrum. Cumulatively they have over a decade of real estate experience, cultivating an impressive property portfolio, exclusive celebrity clientele and knowledge of the changing market. The duo’s professional level of service, expertise and business strategies are beyond sophisticated and renowned. Strategically utilizing their seasoned luxury estates experience to foster solid exclusive relationships, Lowe and Gillon have constantly pushed the real estate boundaries in our market, accomplishing what few top producers have in the entire history of residential estate sales. Today, both are two of the most well-known, highly respected and sought-after real estate moguls in the industry. https://labusinessjournal.com/custom-content/leaders-of-influence-residential-real-estate-brokers-2023-bryce-lowe-and-kirby-gillon/

Topanga ranch, once owned by ‘Friends’ actress Jane Sibbett, seeks $9 million

A Topanga compound on 17 acres of rugged Santa Monica Mountains is up for sale at $8.99 million. Known as Trust Ranch, it features a six-bedroom, 8,247-square-foot residence with five bathrooms split between a main house and a detached guest house. There’s also an artist’s studio. The property, advertised as a private residence and event venue, includes a vineyard, stables, a riding ring, trails, a beach volleyball court, an archery area and a solar-topped pavilion. According to the listing, it has previously hosted various events, including weddings, the Topanga Film Festival and even a circus. On-site parking is available for up to 52 vehicles, including a two-car garage, with an additional 50 spots available on the street. Records show the property dating to 1991 previously belonged to actress Jane Sibbett, who played Ross Geller’s ex-wife on “Friends,” the hit ’90s sitcom. Sibbett and her husband, the writer-producer Karl Fink, bought the property for $750,000 in July 1998 and sold it to the couple who currently owns it. The seller paid $3.95 million for it in September 2008, records also show. On entering the 6,447-square-foot main house, guests are welcomed by a rotunda foyer that leads to the main living space. There’s a formal dining room and a living room with a high wood ceiling and a fireplace. Natural light streams through skylights and windows. The kitchen boasts an oversized center island and an eat-in area connected to a den with canyon views. There are five bedrooms and four bathrooms. Upstairs in the primary suite, there’s a fireplace with a floating wood mantle and a decorative tile hearth and rounded surround. It also contains a private patio, a walk-in closet and a large bathroom with skylights, a soaking tub and a separate walk-in shower. A patio connects the primary suite to a mezzanine library, which steps down to a multi-use room via a circular staircase. There also is a gym and a one-bedroom, one-bathroom guest suite with a kitchen, living room and office. Each room features Douglas Fir flooring salvaged from the bottom of the Puget Sound, custom iron railings and fixtures, and tilework created by local artists Paul and Matt Doolin of Topanga Art Tile. The separate one-bedroom, one-bathroom 1,800-square-foot guest house has a kitchen, dining area, laundry and patio with canyon views. Additionally, the property offers an on-site water well and a huge solar array augmented by passive solar for what the listing calls “guilt-free” electricity and unlimited hot water use. Aaron Grushow, Bryce Lowe, and Kirby Gillon of AKG | Christie’s International Real Estate and Teri Lewis of NextHome Living hold the listing. https://www.dailynews.com/2023/08/18/topanga-ranch-once-owned-by-friends-actress-jane-sibbett-seeks-9-million/

Paul McCartney and Ozzy Osbourne Are Some of the Celebs That Have Called This L.A. Compound Home—It Just Got a $3 Million Price Cut

A Los Angeles estate with a putting green, a bowling alley and a list of previous residents that reads like a who’s who of Hollywood is now asking $19.995 million after a $3 million discount earlier this week. The gated compound, designed by Paul Williams, was built in 1941 for Bert Lahr, who is best known for starring as the Cowardly Lion in 1939’s “The Wizard of Oz.” More: Bobby Flay Selling Saratoga, New York, Home for Nearly $3.3 Million In the decades after, actress Betty Grable; musician Harry James; Paul McCartney; Don Johnson and Melanie Griffith; and Sharon and Ozzy Osbourne, have all reportedly called the property home. “When you have such a Hollywood history, it really is a part of its legacy,” said Aaron Kirman, who has the listing with colleague Kirby Gillon of AKG Christie’s International Real Estate. Many of those big names rented the property from owner Guy Attal, the head of fashion label Fabrizio Gianni, who acquired the 15,505-square-foot spread for $2.55 million in 1999, records show. He couldn’t be reached for comment. After years of being a landlord—and bringing in anything from between $120,000 and $300,000 per month, Kirman said—Attal is ready to part with the home, having first listed it in June for $22.995 million, listing records show. “The house has been very emotional to let go of, he loves the house,” Kirman said. “Today he’s ready to let it go, it’s why he’s agreed to reduce it.” The seven-bedroom main house is fitted with features including a living area with vaulted ceilings, a media room with a wet bar, a wine cellar, two staff rooms and two primary bedroom suites. There are plenty of amenities outside, too, like the outdoor kitchen, pool and spa, tennis court, koi pond, sports court and putting green. Nestled next to the tennis court is a structure that holds the games room and vintage-inspired two-lane bowling alley, plus there’s a separate guest house with a private entrance and two bedrooms, the listing said. Not only does the property have a Hollywood history but also an architectural one. “The fact that it’s Paul Williams [designed] is super significant,” Kirman said. “He has a legacy like no other, especially in L.A.” In 1923, Williams became the first African-American member of the American Institute of Architects. Plus, the well-equipped compound delivers “that true resort lifestyle that you don’t often get in L.A.,” he added. “It’s really hard to get all of that, and that leads to its je ne sais quoi.” https://www.mansionglobal.com/articles/paul-mccartney-and-ozzy-osbourne-are-some-of-the-celebs-that-have-called-this-l-a-compound-homeit-just-got-a-3-million-price-cut-1f5c9d38

Mansion listed for $65M is a ‘modern masterpiece’ in California. See the ‘perfection’

A 20,000-square-foot house that could be considered a work of art has landed on the real estate market in Los Angeles. The price greatly reflects the megamansion’s brilliant and immaculate style inside and out at $65 million. “Perfection, in its highest form,” the listing on Christie’s International Real Estate says. “Every detail and flourish was considered and curated to create an impeccable experience. ... A sublime estate seven years in the making. Set behind gates atop famed Bel Air road with far-reaching views of the surrounding canyons, nearby Stone Canyon Reservoir and the ocean beyond. This one-of-a-kind 1.6-acre retreat is a modern masterpiece crafted by award-winning architectural firm Tag Front with interiors painstakingly curated by world-renowned designer, Cesar Giraldo.” Echos of grandeur slip seamlessly through the dramatic hallways of the nine-bedroom, 13-bathroom home. The space also has high-end features that include: - Bonus room - Study - Wine cellar - Theater - Pool - Spa - Patio But the most divine aspect of the home has to be the rich, and rewarding, views. The listing is held by Aaron Kirman, Kirby Gillon and Bryce Lowe of AKG. https://www.sacbee.com/news/california/article278242858.html

This Very ’70s Beverly Hills Home With Its Own Japanese Tea House Just Listed for $10.5 Million

One new California listing has everything you need to find your zen. Located in the coveted 90210 zip code, the residence at 9894 Beverly Grove Drive just landed on the market. It’s primary dwelling spans 4,864 square feet of living space and includes four bedroom and five bathrooms. The three-story digs with a minimalistic façade and interiors exude serenity. But if you can’t find peace indoors, the property also houses a Japanese garden and tea house where you might be able to find your center. A home theater and posh walk-in closet are a few other luxe amenities that come with this modern oasis boasting skyline views throughout for $10.5 million. The owner has enhanced the property’s natural beauty with lush landscaping, traditional Japanese stone lanterns, and soothing water features that draw you into the residence. An indoor-outdoor layout gives an airy feel to the abode’s interiors, whose neutral color scheme is frequently complimented by glossy wooden walls and subtle recessed lighting in both formal and informal living spaces. Inside the pristine, all-white kitchen sits a massive marble island. Surrounding it is seating for quick breakfasts with the family, as well as modern appliances and plentiful cabinet space. A huge window sits in front of the main sink, while a skylight fills the kitchen with sunshine from dawn to dusk. The stylish primary bedroom features a wooden bookshelf and its own fireplace. You don’t have to leave your bed to take in the morning view in this residence, but if you choose to, you can do it from a private balcony with space for seating and more. The luxe primary bathroom features stone flooring with a standing shower and bathtub, plus a sliding door that opens out to even more views of the local scenery. A walk-in closet nearby with gorgeous wooden displays and drawers offers plenty of space to store your designer rags and footwear. You’ll even have access to a cozy home theater for private screenings with friends and family, or to binge-watch your favorite shows on your downtime. A Japanese tea house and outdoor pool found in the home’s backyard make it unlike any other property in the area. Bryce Lowe and Kirby Gillon of AKG | Christie’s International Real Estate hold the listing. https://robbreport.com/shelter/homes-for-sale/beverly-hills-home-with-japanese-tea-house-lists-1234859664/

This $45 Million Italian-Style Manse in Beverly Hills Comes With a 400-Bottle Wine Room

90210 just added one opulent new listing to its distinguished zip code. Designed by renowned architect Richard Landry, the Italian-inspired abode at 1006 N Roxbury Dr in Beverly Hills is fit for royalty. The two-story abode by the King of Megamansions—who has built sprawling digs for Mark Wahlberg and Tom Brady—spans 20,422 square feet on just under an acre of land with five bedrooms and 10 bathrooms. Construction on the residence, which wrapped in 2010, outfitted the home with host of lavish amenities that you can now call your own for a cool $45 million.

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