Judd Apatow and Leslie Mann: This is $11.5 million
Another round of high-dollar sales resulted in a small mint’s worth of cash changing hands around the Greater Los Angeles area. Among the movers and shakers was a big-name producer, a sports franchise owner and a manufacturing heiress. Here’s a look at the most expensive homes sold in the last two weeks.
$11.5 million — Malibu
Hollywood filmmaker Judd Apatow and his wife, actress-comedian Leslie Mann, made quick work of selling their home in the 23000 block of Malibu Colony Road.
Listed for sale in late December for $12 million, the 2,550-square-foot home once owned by late “Pretty Woman” producer Laura Ziskin was under contract in about two months, eventually selling for $500,000 less than the asking price.
Apatow and Mann bought the home, a walled 1930s beach house with three bedrooms and 3.5 bathrooms, in 2013 for $10.95 million. Extensively updated, the home has a casual coastal vibe with open-plan rooms and walls of glass centering on ocean views.
Ted Boutrous, a partner and co-chair of the appellate and constitutional-law group Gibson, Dunn & Crutcher, was the buyer.
Alex Brunkhorst and Billy Rose of the Agency were the listing agents. Irene Dazzan-Palmer and Sandro Dazzan of Coldwell Banker Residential Brokerage repped the buyer.
$10,578,750 — Beverly Hills
Real estate attorney and investor/developer Peter Cohen sold a renovated home in the 900 block of North Beverly Drive for about $375,000 less than the asking price.
Cohen purchased the home in 2014 for $5.5 million with the intention of using it for his family. However, after finding another home, he had the original 1920s Mediterranean taken to the studs for a complete remodel.
Drawing from contemporary and Old World styles, the 9,114-square-foot home was reimagined with a two-story foyer topped with an artful skylight, a glass-enclosed cigar lounge and a screening room.
Marshall Peck of Douglas Elliman and Aram Afshar of Coldwell Banker were the listing agents.
$9 million — Hidden Hills
Hidden Hills resident Lori Milgard, the daughter of Milgard Manufacturing founder Gary Milgard, sold a home in the 25000 block of Jim Bridger Road for $995,000 less than the most recent asking price.
The sprawling Country French estate in the desirable Ashley Ridge section sits on more than two acres and centers on a two-story home of 13,000 square feet. A two-room guesthouse, a swimming pool, various patios, a fruit orchard and a six-car garage make up the grounds.
Milgard bought the property in 2009 for $7.5 million, public records show.
Josh Altman of Douglas Elliman was the listing agent. Harriet Cameron and Andrew Spitz of Berkshire Hathaway HomeServices California Properties repped the buyer.
$9 million — Beverly Hills
Frederick Huntsberry, the chief operating officer of Paramount Pictures, got his asking price and more for his renovated midcentury residence in the 1100 block of North Hillcrest Road. The buyer willing to pony up top dollar was Francesco Aquilini, the Canadian billionaire and owner of the Vancouver Canucks hockey franchise.
Listed in February for $8.995 million, the four-bedroom, four-bathroom home was under contract in seven days and closed sale in about a month. It’s quite a windfall for the film executive, who bought the home six years ago for $3.84 million.
Entered through opaque glass gates, the 4,507-square-foot home draws the eye with ornamental wood dividers, terrazzo floors and a dramatic according-style ceiling. Walls of floor-to-ceiling glass take in a half-moon-shaped swimming pool and manicured grounds of three-quarters of an acre.
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Peter Maurice and Tregg Rustad of Rodeo Realty were the listing agents. Rayni Williams and Branden Williams of Hilton & Hyland, an affiliate of Christie’s International Real Estate, repped the buyer.
Huntsberry has since decamped to a more traditional setting. In January, he bought a stately colonial traditional-style home in Cheviot Hills for $5.875 million, among the highest prices ever paid in the star-studded neighborhood.
$7.5 million — Beverly Hills
In the 500 block of North Canon Drive, a 5,425-square-foot home destined for the wrecking ball sold for $7.5 million — the highest price ever paid for a tear-down in that particular area of the Beverly Hills Flats.
The amount eclipsed the previous high-water mark for the area by $2 million, according to listing agent Josh Flagg of Rodeo Realty. Flagg represented both the buyer and the seller in the sale.
These are among the top residential real estate sales reported on the combined L.A./Westside Listing Service for the period beginning March 6 and ending March 19.
Twitter: @NJLeitereg
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