Real Estate Industry News

<div innerhtml="

"On

Asking $46 million, on one of the largest lots in Trousdale

Mike Kelly/Viewpoint Collection

What is it about Trousdale Estates? This Beverly Hills neighborhood, where a $72 million purchase by Uber cofounder Garrett Camp and his wife Eliza Nguyen recently broke price records, continues to see some of the most expensive homes in Los Angeles coming on the market. This new $46 million home sitting on 1.2 acres (one of the largest lots in the neighborhood) shows yet again how there’s something about Trousdale meeting the needs of buyers at the top tier which isn’t being met by other neighborhoods in the city. Even Malibu’s Carbon Beach, long considered Los Angeles’ Billionaire’s Row, only has one home with a higher asking price (a $50 million 5 bed, 7 bath). My theory? While Malibu has oceanfront property, cachet and famous neighbors what it doesn’t have is privacy. And with the huge growth in technology that lets the paparazzi spy on someone from a half a mile away, privacy has become something people are will to pay a higher premium for than ever before—in some cases tens of millions of dollars more.

"Open

Open air design

Mike Kelly/Viewpoint Collection

The very geography of Trousdale, with its windy roads and tucked away ridges that provide enough elevation to give great views, is what lends itself to homes that can hide from prying eyes and nosy neighbors. That’s why there’s only about two dozen homes in all of Los Angeles asking more than this 7-bed, 9-bath with gated driveway and expansive space between the neighboring homes. It also has plenty of celebrities, with Jennifer Aniston, Ringo Starr, Cindy Crawford and Rande Gerber calling this place home (just to name a few).

"Overhead"

Overhead

Mike Kelly/Viewpoint Collection

The home was designed by Noah Walker as part of the Viewpoint Collection and, true to its name and design intent, frames the views over the hills "from the Griffith observatory to the Hollywood sign," said listing agent Tomer Fridman of Compass. The main living areas of the house have walls that can retract fully so that it becomes open on both sides and several of the bedrooms have a private porch for even more of the open air feel.

"Private

Private bedroom porch

Mike Kelly/Viewpoint Collection

There’s even a daylight lower level, which you don’t often find in this neighborhood.

"Living

Living Room

Mike Kelly/Viewpoint Collection

This entrance to the house shows how it was designed to "frame" the views from the back of the house. Designers used natural wood to make it feel part of the landscape but complemented it with subtle industrial features, such as the black metal window frames, to give it a contemporary vibe.

"Entrance"

Entrance

Mike Kelly/Viewpoint Collection

The property also includes a fitness studio and wellness center, elevator, second service kitchen, movie theater, staff quarters and garage with room for at least five cars. Co-listing agents Sally Forster Jones and Tomer Fridman with Compass have the listing here.

” readability=”51.0125″>

What is it about Trousdale Estates? This Beverly Hills neighborhood, where a $72 million purchase by Uber cofounder Garrett Camp and his wife Eliza Nguyen recently broke price records, continues to see some of the most expensive homes in Los Angeles coming on the market. This new $46 million home sitting on 1.2 acres (one of the largest lots in the neighborhood) shows yet again how there’s something about Trousdale meeting the needs of buyers at the top tier which isn’t being met by other neighborhoods in the city. Even Malibu’s Carbon Beach, long considered Los Angeles’ Billionaire’s Row, only has one home with a higher asking price (a $50 million 5 bed, 7 bath). My theory? While Malibu has oceanfront property, cachet and famous neighbors what it doesn’t have is privacy. And with the huge growth in technology that lets the paparazzi spy on someone from a half a mile away, privacy has become something people are will to pay a higher premium for than ever before—in some cases tens of millions of dollars more.

The very geography of Trousdale, with its windy roads and tucked away ridges that provide enough elevation to give great views, is what lends itself to homes that can hide from prying eyes and nosy neighbors. That’s why there’s only about two dozen homes in all of Los Angeles asking more than this 7-bed, 9-bath with gated driveway and expansive space between the neighboring homes. It also has plenty of celebrities, with Jennifer Aniston, Ringo Starr, Cindy Crawford and Rande Gerber calling this place home (just to name a few).

The home was designed by Noah Walker as part of the Viewpoint Collection and, true to its name and design intent, frames the views over the hills “from the Griffith observatory to the Hollywood sign,” said listing agent Tomer Fridman of Compass. The main living areas of the house have walls that can retract fully so that it becomes open on both sides and several of the bedrooms have a private porch for even more of the open air feel.

There’s even a daylight lower level, which you don’t often find in this neighborhood.

This entrance to the house shows how it was designed to “frame” the views from the back of the house. Designers used natural wood to make it feel part of the landscape but complemented it with subtle industrial features, such as the black metal window frames, to give it a contemporary vibe.

The property also includes a fitness studio and wellness center, elevator, second service kitchen, movie theater, staff quarters and garage with room for at least five cars. Co-listing agents Sally Forster Jones and Tomer Fridman with Compass have the listing here.