Update: A Bel-Air compound owned by the late real estate broker Jon Douglas has sold for $11.4 million. It had been listed at $18.7 million when it first came on the market in October.
The nearly 2-acre gated property includes an 11,700-square-foot main house and a 1,750-square-foot guesthouse. The main house, built in 2001, features a grand circular entry hall, a wood-paneled library, a gym, a master suite and three guest bedrooms. The guesthouse has two more bedrooms and 21/2 bathrooms. Including staff quarters, the property has seven bedrooms and eight bathrooms.
Douglas died in August at 73. His Westside brokerage, the Jon Douglas Co., merged with Prudential in 1995 and was one of the largest in the country. It had 70 offices when it was purchased in 1997 by Coldwell Banker, according to Times archives.
The listing agents were Joyce Rey and Michael Sahakian at Coldwell Banker's Beverly Hills South office. Tania Ferris of the same office represented the buyer.Copyright © 2014, Los Angeles Times