{"id":3715017,"date":"2017-08-07T13:03:07","date_gmt":"2017-08-07T17:03:07","guid":{"rendered":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/?p=3715017"},"modified":"2017-08-08T00:38:38","modified_gmt":"2017-08-08T04:38:38","slug":"90m-record-breaking-estate-is-back-on-the-market-for-double-asking-price","status":"publish","type":"post","link":"https:\/\/newwebdev.wordpress-developer.us\/hauteresidence\/90m-record-breaking-estate-is-back-on-the-market-for-double-asking-price\/","title":{"rendered":"$90M Record-Breaking Estate Is Back on the Market for Double Its Original Asking Price"},"content":{"rendered":"

Last year, the \u201cOwlwood Estate\u201d sold for $90 million as the second largest home sale ever in Los Angeles, at that time. Now, it\u2019s back on the market for double that price, $180 million, the Los Angeles Times<\/em> reported<\/a>.<\/p>\n

\"record-breaking\"<\/a><\/p>\n

Designed by architect Robert D. Farquhar, the 1936-built residence, which includes two additional adjacent lots, in Holmbly Hills was purchased by Sturmer Pippin Investments, LLC in 2016.<\/p>\n

\"record-breaking\"<\/a><\/p>\n

\u201cThe buyer acquired the property at an incredible price and the international interest that resulted in the sale prompted us to test the market to determine the estate\u2019s true value,\u201d explains listing agent Adam Rosenfeld, co-founder of Mercer Vine<\/a>.<\/p>\n

\"record-breaking\"<\/a><\/p>\n

The 12,200-square-foot, exquisite Tuscan-style home is sited on over 10 acres, consisting of three parcels. One is vacant; another includes a guesthouse, a sunken tennis court, and a swimming pool; and the third has the residence.<\/p>\n

\"record-breaking\"<\/a><\/p>\n

All of the parcels were combined in 2002 by late billionaire Toland Arnall, founder of Ameriquest Capital Corp., and his wife Dawn. The property can be subdivided into buildable land.<\/p>\n

\"record-breaking\"<\/a><\/p>\n

American rapper, Jay-Z, hosted ROC NATION\u2019S annual GRAMMY Brunch Party at the Owlwood Estate earlier this year.<\/p>\n

\u201cIt\u2019s almost impossible to find a 10-acre parcel anywhere in Los Angeles, let alone the heart of one of the city\u2019s top luxury neighborhoods,\u201d Rosenfeld says.<\/p>\n

Among the estate\u2019s roster of illustrious owners are actor Tony Curtis, pop duo Sonny & Cher, Hotel Bel-Air founder Joseph Drown, and 20th Century Fox co-founder Joseph Schenck.<\/p>\n

Images courtesy of Mercer Vine<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Last year, the \u201cOwlwood Estate\u201d sold for $90 million as the second largest home sale ever in Los Angeles, at that time. Now, it\u2019s back on the market for double that price.<\/p>\n","protected":false},"author":67,"featured_media":3715026,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1749,4865,1],"tags":[],"class_list":["post-3715017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hlrn","category-house-of-the-week","category-news"],"acf":[],"yoast_head":"\n$90M Record-Breaking LA Estate Is Back on the Market for Double Asking Price<\/title>\n<meta name=\"description\" content=\"Last year, the \u201cOwlwood Estate\u201d sold for $90 million as the second largest home sale ever in Los Angeles, at that time. 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